Award

FURTHER COMPETITION TENDER UNDER DPS 00978 FOR THE PROVISION OF INSURANCE PLACEMENT

SOUTH RIBBLE BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

13 Jan 2022 at 18:05

Award Notice
Summary of the contracting process

The South Ribble Borough Council is undertaking a further competition tender for the provision of insurance placement, designated as "FURTHER COMPETITION TENDER UNDER DPS 00978". This tender process is currently at the award stage and involves a contract valued at £2,398,126, which will span three years from 1st January 2022 until 31st December 2025, with the option to extend for a further two years. The procurement is located in England and encompasses various insurance coverage needs for both South Ribble and Chorley Borough Councils, delineated into specific lots, including property, liability, and motor fleet insurance among others. The tender period concluded on 28th September 2021, and the award date was 16th December 2021.

This opportunity opens avenues for businesses specialising in insurance services to expand their client base through a sustainable multi-year contract with two potential extensions. Firms that offer expertise in various insurance categories such as property, liability, and motor fleet insurance would be particularly well-suited to compete. Large and experienced vendors in the insurance sector can leverage this high-value contract, which not only meets the required specifications of the local councils but also provides a significant platform for ongoing service delivery in the region.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

FURTHER COMPETITION TENDER UNDER DPS 00978 FOR THE PROVISION OF INSURANCE PLACEMENT

Notice Description

This Contract award notice is in respect of a further competition carried out under YPO Insurance Placement DPS, ref no 000978. The further competition is to procure individual Insurance cover for South Ribble Borough Council and Chorley Borough Council . Each Authority has its own set of insurance requirements and lots respectively. The lots for Chorley Council are C1 Property Combined, C2 Industrial and Commercial Properties, C3 Liability, C4 Crime, C5 Personal Accident, C6 Engineering Inspection and Insurance, C7 Motor Fleet- Main, C8 Motor Fleet - Lease Vehicles and C9 Fine Art. The Lots for South Ribble Borough Council are SR1 Property Combined, SR2 Industrial and Commercial Properties, Lot SR3 Liability, Lor SR4 Crime, Lot SR5 Personal Accident, Lot SR6 Engineering Inspection and Insurance, Lot SR7 Motor Fleet - Main, Lot SR8 Motor Fleet Lease Vehicles, Lot SR 9 Motor Trade. The contract will cover a period of 3 years from 01 /01/ 2022 with an option for further 2 periods of 1 year. Contract Values for the awarded contracts are shown inclusive of the two year extension option and excluding Insurance Premium Tax.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8fc4eb94-c93a-4450-8488-c121091370fe
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/71ea2fff-ade3-46c8-ae31-cfa8be22530a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£2,398,126 £1M-£10M
Lots Value
Not specified
Awards Value
£2,398,126 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
13 Jan 20224 years ago
Submission Deadline
28 Sep 2021Expired
Future Notice Date
Not specified
Award Date
16 Dec 20214 years ago
Contract Period
1 Jan 2022 - 31 Dec 2025 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
SOUTH RIBBLE BOROUGH COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LEYLAND
Postcode
PR25 1DH
Post Town
Preston
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD4 Lancashire
Small Region (ITL 3)
TLD45 Mid Lancashire
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
South Ribble
Electoral Ward
Broadfield
Westminster Constituency
South Ribble

Supplier Information

Number of Suppliers
3
Supplier Names

MAVEN PUBLIC SECTOR

PROTECTOR FORSIKRING

RISK MANAGEMENT PARTNERS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-8fc4eb94-c93a-4450-8488-c121091370fe-2022-01-13T18:05:17Z",
    "date": "2022-01-13T18:05:17Z",
    "ocid": "ocds-b5fd17-8fc4eb94-c93a-4450-8488-c121091370fe",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "SRIBL001-DN564308-35405791",
        "title": "FURTHER COMPETITION TENDER UNDER DPS 00978 FOR THE PROVISION OF INSURANCE PLACEMENT",
        "description": "This Contract award notice is in respect of a further competition carried out under YPO Insurance Placement DPS, ref no 000978. The further competition is to procure individual Insurance cover for South Ribble Borough Council and Chorley Borough Council . Each Authority has its own set of insurance requirements and lots respectively. The lots for Chorley Council are C1 Property Combined, C2 Industrial and Commercial Properties, C3 Liability, C4 Crime, C5 Personal Accident, C6 Engineering Inspection and Insurance, C7 Motor Fleet- Main, C8 Motor Fleet - Lease Vehicles and C9 Fine Art. The Lots for South Ribble Borough Council are SR1 Property Combined, SR2 Industrial and Commercial Properties, Lot SR3 Liability, Lor SR4 Crime, Lot SR5 Personal Accident, Lot SR6 Engineering Inspection and Insurance, Lot SR7 Motor Fleet - Main, Lot SR8 Motor Fleet Lease Vehicles, Lot SR 9 Motor Trade. The contract will cover a period of 3 years from 01 /01/ 2022 with an option for further 2 periods of 1 year. Contract Values for the awarded contracts are shown inclusive of the two year extension option and excluding Insurance Premium Tax.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66510000",
            "description": "Insurance services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "England",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 2398126,
            "currency": "GBP"
        },
        "procurementMethodDetails": "Other -",
        "tenderPeriod": {
            "endDate": "2021-09-28T17:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2022-01-01T00:00:00Z",
            "endDate": "2025-01-01T23:59:59Z"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-194724",
            "name": "South Ribble Borough Council",
            "identifier": {
                "legalName": "South Ribble Borough Council"
            },
            "address": {
                "streetAddress": "Civic Centre, West Paddock",
                "locality": "Leyland",
                "postalCode": "PR251DH",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "procurement@chorley.gov.uk"
            },
            "details": {
                "url": "http://www.southribble.gov.uk/"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-109925",
            "name": "Maven Public Sector",
            "identifier": {
                "legalName": "Maven Public Sector"
            },
            "address": {
                "streetAddress": "EC3V 4AN"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        },
        {
            "id": "GB-CFS-175119",
            "name": "Protector Forsikring ASA",
            "identifier": {
                "legalName": "Protector Forsikring ASA"
            },
            "address": {
                "streetAddress": "M3 3HF"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        },
        {
            "id": "GB-CFS-194725",
            "name": "Risk Management Partners Ltd",
            "identifier": {
                "legalName": "Risk Management Partners Ltd"
            },
            "address": {
                "streetAddress": "EC4N 8AW"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-194724",
        "name": "South Ribble Borough Council"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-8fc4eb94-c93a-4450-8488-c121091370fe-1",
            "status": "active",
            "date": "2021-12-16T00:00:00Z",
            "datePublished": "2022-01-13T18:05:17Z",
            "value": {
                "amount": 2398126,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-109925",
                    "name": "Maven Public Sector"
                },
                {
                    "id": "GB-CFS-175119",
                    "name": "Protector Forsikring ASA"
                },
                {
                    "id": "GB-CFS-194725",
                    "name": "Risk Management Partners Ltd"
                }
            ],
            "contractPeriod": {
                "startDate": "2022-01-01T00:00:00Z",
                "endDate": "2025-12-31T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/71ea2fff-ade3-46c8-ae31-cfa8be22530a",
                    "datePublished": "2022-01-13T18:05:17Z",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}