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Further Competition Under Insurance Placement DPS 978 for Rossendale Borough Council and their appointed Insurance Broker - Aon

Yorkshire Purchasing Organisation

This public procurement record has 1 release in its history.

Award

27 Mar 2024 at 14:03

Award Notice
Summary of the contracting process

The Yorkshire Purchasing Organisation has awarded a contract for Further Competition Under Insurance Placement DPS 978 for Rossendale Borough Council to Aon. The contract is valued at £1,328,073.20 and follows a selective procurement method under the financial and insurance services category. The contract period is from April 1, 2024, to March 31, 2029, and the tender period ended on January 19, 2024.

This awarded tender presents opportunities for large insurance companies, such as Travelers Insurance Company Ltd, Zurich Municipal, Risk Management Partners Ltd, and Ark Syndicate Management Ltd, to provide services to public sector clients. Businesses in the financial and insurance services industry, particularly those capable of meeting the requirements of the restricted procedure above the threshold, are well-suited to compete and potentially expand their operations through this procurement opportunity.

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Notice Information

Notice Title

Further Competition Under Insurance Placement DPS 978 for Rossendale Borough Council and their appointed Insurance Broker - Aon

Notice Description

Further Competition Under Insurance Placement DPS 978 for Rossendale Borough Council and their appointed Insurance Broker - Aon

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b6d7b8a3-3e95-41c9-83b3-4ed705e6f570
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6cd185d5-b9e2-4bb8-8a93-8b4b64c68d1e
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
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
£1,328,073 £1M-£10M
Lots Value
Not specified
Awards Value
£1,328,071 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
27 Mar 20242 years ago
Submission Deadline
19 Jan 2024Expired
Future Notice Date
Not specified
Award Date
28 Feb 20242 years ago
Contract Period
1 Apr 2024 - 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
BACUP
Postcode
OL13 0BB
Postcode Area
Oldham
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD4 Lancashire
Small Region (ITL 3)
TLD46 East Lancashire
Delivery Location
Not specified
Local Authority
Rossendale
Electoral Ward
Britannia & Lee Mill
Westminster Constituency
Rossendale and Darwen

Supplier Information

Number of Suppliers
4
Supplier Names

Ark Syndicate Management Ltd

Risk Management Partners Ltd

Travelers Insurance Company Ltd

Zurich Municipal

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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