Award

Further Competition under Insurance Placement DPS 978 for Rushcliffe Borough Council and their appointed Insurance Broker - Marsh

YORKSHIRE PURCHASING ORGANISATION

This public procurement record has 1 release in its history.

Award

12 Jan 2022 at 15:21

Award Notice
Summary of the contracting process

The procurement process involves the Yorkshire Purchasing Organisation, which is seeking insurance services for Rushcliffe Borough Council and their appointed insurance broker, Marsh. The tender, titled "Further Competition under Insurance Placement DPS 978," is in the award stage after being published on 12th January 2022. The procurement, focusing on financial and insurance services, was initiated to replace existing long-term agreements expiring by 1st April 2022. The total contract value is approximately £1,572,610.41, with the procurement conducted via a selective method through a dynamic purchasing system. Key dates include the tender submission deadline of 29th November 2021 and the contract period starting from 1st April 2022 and extending to 31st March 2029.

This tender presents significant opportunities for businesses, especially those engaged in the financial and insurance services sector. Suitable competitors might include SMEs and voluntary, community, and social enterprise (VCSE) organisations. Companies specialising in property, casualty, motor fleet, and engineering insurance are encouraged to participate, as the awarded contracts involve multiple lots with the potential for extensions based on performance. Engaging with this public procurement process could facilitate new business growth and establish long-term partnerships with public sector clients.

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Notice Information

Notice Title

Further Competition under Insurance Placement DPS 978 for Rushcliffe Borough Council and their appointed Insurance Broker - Marsh

Notice Description

The Contracting Authority are approaching the end of their existing Long Term Agreements with insurers for Material Damage Package, Combined Liability & Crime, Motor Fleet, Engineering Inspection & Insurance and in line with Public Procurement legislation, they are tendering their insurance portfolio in time for renewal on 1 April 2022. This Insurance is being procured competitively and in accordance with the Public Contracts Regulations 2015, via the YPO Insurance Placement DPS Ref. No: 000978

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-aa403474-038e-43ec-8370-9848132d9c7d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4b56dfee-0712-496e-815e-0b76668ba92e
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
£1,572,610 £1M-£10M
Lots Value
Not specified
Awards Value
£1,572,610 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
12 Jan 20224 years ago
Submission Deadline
29 Nov 2021Expired
Future Notice Date
Not specified
Award Date
21 Dec 20214 years ago
Contract Period
31 Mar 2022 - 31 Mar 2029 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
NOTTINGHAM
Postcode
NG2 7YG
Post Town
Nottingham
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF16 South Nottinghamshire
Delivery Location
Not specified
Local Authority
Rushcliffe
Electoral Ward
Compton Acres
Westminster Constituency
Rushcliffe

Supplier Information

Number of Suppliers
3
Supplier Names

PROTECTOR FORSIKRING

TRAVELERS INS

ZURICH MUNICIPAL

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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