Award

YPO - 001160 - Insurance brokerage and associated services II

YPO

This public procurement record has 3 releases in its history.

Award

18 Jul 2023 at 08:22

Tender

25 Apr 2023 at 15:12

Tender

06 Apr 2023 at 09:47

Summary of the contracting process

The YPO, a public sector procurement organization based in Wakefield, England, has awarded a contract for insurance brokerage and associated services. The contract, valued at £8,000,000 GBP, was executed on 23rd June 2023 and is active until 4th July 2027. The procurement process was open to all suppliers through an open procedure, with a tender period ending on 17th May 2023. This opportunity falls under the services category, presenting business growth opportunities for insurance brokerage firms and related service providers.

Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are well-suited to compete for this contract. The YPO framework agreement aims to serve various public sectors, offering a chance for businesses to expand their client base. Given the nature of the procurement method, targeted companies should have experience in providing insurance brokerage services. This tender presents an opening for eligible businesses to establish long-term relationships with YPO and other contracting authorities, aligning with the contract's strategic objectives and scope.

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Notice Title

YPO - 001160 - Insurance brokerage and associated services II

Notice Description

YPO are looking for Providers to be appointed onto a Framework Agreement for the supply of insurance brokerage service provision and associated services for use across the whole Public Sectors. This Framework is designed to meet the needs of YPO and Other Contracting Authorities by establishing an agreement where the end Customer will place the order with the Provider and the Provider delivered direct to the end Customer. Additional information: https://www.ypo.co.uk/about/customers/permissible-users https://www.nepo.org/associate-membership/permissible-users https://www.espo.org/faqs-about-espo

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a670e224-4eec-4ccf-82bd-d50f5da50e6f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ab076c4a-5b4f-47b1-8d85-df7cac1a4162
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66518000 - Insurance brokerage and agency services

Notice Value(s)

Tender Value
£8,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£8,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
18 Jul 20232 years ago
Submission Deadline
17 May 2023Expired
Future Notice Date
Not specified
Award Date
22 Jun 20232 years ago
Contract Period
4 Jul 2023 - 4 Jul 2027 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
YPO
Contact Name
Contracts Team
Contact Email
contracts@ypo.co.uk
Contact Phone
+44 01924664685

Buyer Location

Locality
WAKEFIELD
Postcode
WF2 0XE
Post Town
Wakefield
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE45 Wakefield
Delivery Location
Not specified

Local Authority
Wakefield
Electoral Ward
Wrenthorpe and Outwood West
Westminster Constituency
Wakefield and Rothwell

Supplier Information

Number of Suppliers
4
Supplier Names

AON

ARTHUR J. GALLAGHER INSURANCE BROKERS

MARSH

WILLIS

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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