Award

Further Competition under Insurance Placement DPS 978 for Salford City Council and their appointed Insurance Broker - Aon

YORKSHIRE PURCHASING ORGANISATION

This public procurement record has 1 release in its history.

Award

17 May 2022 at 14:57

Award Notice
Summary of the contracting process

Salford City Council, through the Yorkshire Purchasing Organisation, has initiated a further competition under the Insurance Placement Dynamic Purchasing System for a long-term insurance cover contract valued at £6,399,295. The tender, titled "Further Competition under Insurance Placement DPS 978," is classified within the financial and insurance services category. The procurement process is currently in the award stage, with the contract period set to commence from February 1, 2022, and ending on January 31, 2027. The deadline for submitting bids was November 16, 2021.

This contract presents substantial growth opportunities for businesses involved in insurance services, especially those that can offer comprehensive coverage solutions such as property damage, public liability, and professional indemnity. Small and Medium-sized Enterprises (SMEs) and Voluntary, Community, and Social Enterprises (VCSEs) would be particularly well-suited to compete for this tender, given the diverse range of insurance lots available. Engaging in this procurement could enable relevant businesses to expand their client base and strengthen their market position.

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Notice Information

Notice Title

Further Competition under Insurance Placement DPS 978 for Salford City Council and their appointed Insurance Broker - Aon

Notice Description

Due to the expiry of the long term agreement 31 January 2022 the Council is seeking quotes for its insurance programme. This Invitation to Tender (ITT) is issued to organisations (You / Your or Supplier) by Salford City Council (the Authority) which are interested in providing Long Term Insurance Cover (excluding brokering services) details of which are outlined in this document. You are deemed to understand fully the processes that the Authority is required to follow under relevant UK legislation, particularly in relation to The Public Contract Regulations 2015 (as amended). Additional information: Lot 2 - Fine Art - no bids received

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-89f21a69-f92e-4dff-8e38-a2c6969119fe
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8c520b12-767b-42cc-b808-cb1d353f4376
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

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£6,399,295 £1M-£10M
Lots Value
Not specified
Awards Value
£6,399,295 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
17 May 20223 years ago
Submission Deadline
16 Nov 2021Expired
Future Notice Date
Not specified
Award Date
13 Jan 20224 years ago
Contract Period
1 Feb 2022 - 31 Jan 2027 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
SWINTON
Postcode
M27 5DA
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
Not specified
Local Authority
Salford
Electoral Ward
Swinton & Wardley
Westminster Constituency
Worsley and Eccles

Supplier Information

Number of Suppliers
1
Supplier Name

RISK MANAGEMENT PARTNERS

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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