Award

Insurance Brokerage Service

GREATER MANCHESTER COMBINED AUTHORITY

This public procurement record has 2 releases in its history.

Award

23 Oct 2019 at 11:48

Award Notice
Tender

09 Aug 2019 at 16:36

Tender Notice
Summary of the contracting process

The Greater Manchester Combined Authority (GMCA) recently awarded a contract for Insurance Brokerage Services, which is part of a collaborative initiative among several councils within the AGAM Consortium, including Bolton Council and Manchester City Council. The contract, valued at £190,000, is set for a duration of two years, with the option of extending for an additional two years. The initial tender period ended on 10 September 2019, and the contract is expected to commence on 1 November 2019, running until 31 October 2023. This procurement process was conducted through an open procedure, classifying it under financial and insurance services within the United Kingdom's North West region.

This tender presents valuable opportunities for businesses, particularly small and medium enterprises (SMEs) with expertise in insurance brokerage, risk management, and consultancy services. The ability to provide core services, including claims management and related advisory services, will be advantageous for firms looking to expand their client base within the public sector. Companies capable of demonstrating cost-effective risk financing solutions will find themselves well-positioned to compete successfully for similar contracts in the future.

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Notice Information

Notice Title

Insurance Brokerage Service

Notice Description

The Authorities within the AGAM Consortium, (currently confirmed as Bolton Council, Greater Manchester Combined Authority, Manchester City Council, Oldham Metropolitan Borough Council and Rochdale Borough Council) and other Manchester Partners, wish to appoint an insurance broker with the capability to offer risk management and consultancy services to assist in achieving best value for cost effective risk financing and risk management. During this contract, all or some members of the Consortium may choose to collaboratively procure one or more insurance coverages. The Consortium wishes to enter into a contract with a broker for two years with the option to extend for up to an additional two years on a one year plus one year basis). The Core Services required by the Authorities and for which proposals are now invited, relate primarily to Insurance broking and Insurance consultancy. However, elements of other services, such as Claims Management, Risk Management and Consultancy Services are also required as part of the Core Services.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7f5b811a-741f-4fd4-9a68-cf8f31c9d6c9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6a409937-b64d-4037-9928-5042dfc5ba97
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£190,000 £100K-£500K
Lots Value
Not specified
Awards Value
£30,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
23 Oct 20196 years ago
Submission Deadline
10 Sep 2019Expired
Future Notice Date
Not specified
Award Date
20 Oct 20196 years ago
Contract Period
1 Nov 2019 - 31 Oct 2023 4-5 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
GREATER MANCHESTER COMBINED AUTHORITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SALFORD
Postcode
M27 8US
Post Town
Manchester
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD34 Greater Manchester South West
Delivery Location
TLD North West (England)
Local Authority
Salford
Electoral Ward
Swinton Park
Westminster Constituency
Salford

Supplier Information

Number of Suppliers
1
Supplier Name

ARTHUR J GALLAGHER

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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