Award

Further Competition Under 1198 Insurance Placement DPS for North Tyneside Council and their appointed Insurance Broker - Marsh Limited

YORKSHIRE PURCHASING ORGANISATION

This public procurement record has 1 release in its history.

Award

17 Mar 2025 at 10:41

Summary of the contracting process

The Yorkshire Purchasing Organisation has completed the procurement process titled "Further Competition Under 1198 Insurance Placement DPS for North Tyneside Council and their appointed Insurance Broker - Marsh Limited." This procurement falls under the industry category of financial and insurance services. The geographical scope includes the United Kingdom, specifically managed from North Tyneside, England. The tender process, applying a selective procurement method under a restricted procedure, concluded with the award on 26 February 2025. The relevant contract period starts on 1 April 2025 and ends on 31 March 2029, with an awarded value of £211,868.16 GBP.

This tender provides substantial opportunities for companies in the financial and insurance sectors, particularly those looking to expand their service offerings within the public sector. Large-scale insurance providers will find this contract advantageous due to its significant value and long-term duration. Businesses with capabilities to meet the responsibilities of providing comprehensive insurance services to local government bodies will be particularly well-suited to compete. The awarded supplier for this contract is Protector, a large-scale insurance entity, indicating that well-resourced companies are prime contenders for such opportunities.

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Notice Title

Further Competition Under 1198 Insurance Placement DPS for North Tyneside Council and their appointed Insurance Broker - Marsh Limited

Notice Description

Further Competition Under 1198 Insurance Placement DPS for North Tyneside Council and their appointed Insurance Broker - Marsh Limited

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-98cb471a-5886-4aca-9f70-4c0d19aac22b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f2161bfd-0fbf-4457-bbc6-66bda6d1b0a2
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
Not specified
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
£211,868 £100K-£500K
Lots Value
Not specified
Awards Value
£211,868 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Mar 202511 months ago
Submission Deadline
31 Jan 2025Expired
Future Notice Date
Not specified
Award Date
26 Feb 202512 months ago
Contract Period
31 Mar 2025 - 31 Mar 2029 4-5 years
Recurrence
Not specified

Notice Status

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

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
NORTH TYNESIDE,
Postcode
NE27 0BY
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)
TLC43 Tyneside
Delivery Location
Not specified

Local Authority
North Tyneside
Electoral Ward
Shiremoor
Westminster Constituency
Cramlington and Killingworth

Supplier Information

Number of Suppliers
1
Supplier Name

PROTECTOR

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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