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Further Competition Under Insurance Placement DPS for Chesterfield Borough Council and their appointed Insurance Broker - Marsh Limited

Yorkshire Purchasing Organisation

This public procurement record has 1 release in its history.

Award

01 Nov 2024 at 09:38

Award Notice
Summary of the contracting process

The Yorkshire Purchasing Organisation has concluded a selective procurement process for the Insurance Placement DPS on behalf of Chesterfield Borough Council, with Marsh Limited as the appointed insurance broker. This procurement, classified under the "Financial and insurance services" category, covers a contract period from 1st October 2024 to 30th September 2031. The total contract value amounts to £717,144.12, and the process involved a restricted procedure. Key dates include the tender period ending on 5th August 2024 and the award date on 1st October 2024. The buying organisation is based in Chesterfield, England.

The awarded tenders present significant opportunities for businesses in the financial and insurance sectors, specifically those specialising in property material damage, combined liability and crime, engineering inspection, personal accident and travel, as well as motor fleet insurance. The procurement process favours SMEs and VCSEs, offering a chance to collaborate with established entities such as Aspen Insurance, Zurich Municipal, and Travelers Insurance. This is an excellent opportunity for insurance firms looking to expand their market presence and offer specialised services to the public sector.

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Notice Information

Notice Title

Further Competition Under Insurance Placement DPS for Chesterfield Borough Council and their appointed Insurance Broker - Marsh Limited

Notice Description

Further Competition Under Insurance Placement DPS for Chesterfield Borough Council and their appointed Insurance Broker - Marsh Limited

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-85d3bb7e-9d1d-4640-88c8-f8b44387b461
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f01bfd4c-e9ec-4865-ac56-93447063ddc4
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure (above threshold)
Tender Suitability
SME, VCSE
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
£717,144 £500K-£1M
Lots Value
Not specified
Awards Value
£717,143 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
1 Nov 20241 years ago
Submission Deadline
5 Aug 2024Expired
Future Notice Date
Not specified
Award Date
1 Oct 20241 years ago
Contract Period
1 Oct 2024 - 30 Sep 2031 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
CHESTERFIELD
Postcode
S40 1LP
Postcode Area
Sheffield
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF12 East Derbyshire
Delivery Location
Not specified
Local Authority
Chesterfield
Electoral Ward
Spire
Westminster Constituency
Chesterfield

Supplier Information

Number of Suppliers
3
Supplier Names

Aspen Insurance UK Limited

Zurich Municipal

Travelers Ins Co Ltd

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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