Award

Further Competition under Insurance Placement DPS 978 for Northumberland County Council and their appointed Insurance Broker - Marsh

YORKSHIRE PURCHASING ORGANISATION

This public procurement record has 1 release in its history.

Award

07 Apr 2021 at 16:22

Award Notice
Summary of the contracting process

The procurement process entails a tender titled "Further Competition under Insurance Placement DPS 978" conducted by the Yorkshire Purchasing Organisation on behalf of Northumberland County Council. This initiative is focused on the industry category of insurance services and is based in the United Kingdom. The procurement is at the Award stage, having been completed on 24th February 2021, with the contract expected to commence on 1st April 2021 and run until 31st March 2026. A total estimated value of £11,427,940 is associated with this contract, which was procured through a selective method via a dynamic purchasing system, in accordance with the Public Contracts Regulations 2015.

This tender presents significant opportunities for businesses in the insurance sector to expand and strengthen their market presence. Companies that provide insurance services, particularly small and medium enterprises (SMEs) and voluntary community social enterprises (VCSE), would be well-suited to compete, as the tender encourages such participation. Engaging with this contract can facilitate sustained partnerships with local authorities and contribute to long-term business growth in the public sector, especially given the substantial value and duration of the awarded contract.

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Notice Information

Notice Title

Further Competition under Insurance Placement DPS 978 for Northumberland County Council and their appointed Insurance Broker - Marsh

Notice Description

The Contracting Authority are approaching the end of their existing Long Term Agreements with insurers for Material Damage, Business Interruption, Money, Computer, Fidelity Guarantee, Employers Liability, Public/Products Liability, Officials Indemnity, Professional Indemnity, Motor Fleet, Personal Accident / Travel, School Journey and in line with Public Procurement legislation, they are tendering their insurance portfolio in time for renewal on 1st April 2021. This Insurance is being procured competitively and in accordance with the Public Contracts Regulations 2015, via the YPO Insurance Placement DPS Ref. No: 000978.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7f25ae83-44ed-4a14-9e84-d85bb97385a2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3f57a8db-5014-4bcb-89fe-4c5de5059dd1
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a dynamic purchasing system
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£11,427,940 £10M-£100M
Lots Value
Not specified
Awards Value
£11,427,940 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
7 Apr 20214 years ago
Submission Deadline
22 Jan 2021Expired
Future Notice Date
Not specified
Award Date
24 Feb 20215 years ago
Contract Period
31 Mar 2021 - 31 Mar 2026 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
YORKSHIRE PURCHASING ORGANISATION
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MORPETH
Postcode
NE61 2EF
Post Town
Newcastle upon Tyne
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC42 Northumberland
Delivery Location
Not specified
Local Authority
Northumberland
Electoral Ward
Morpeth Kirkhill
Westminster Constituency
North Northumberland

Supplier Information

Number of Suppliers
1
Supplier Name

ZURICH MUNICIPAL

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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