Award

Property & Motor Insurance - Oldham Council

OLDHAM COUNCIL

This public procurement record has 1 release in its history.

Award

01 May 2024 at 10:01

Summary of the contracting process

The Oldham Council has recently completed a procurement process for Property & Motor Insurance through a selective procurement method. The contract value is £5,000,000 in GBP, and the contract period is from April 1, 2024, to March 31, 2029. The tender was awarded on March 19, 2024, to multiple suppliers. The procurement involved the YPO Insurance Brokerage Framework and Insurance Placement DPS. The Council is located in OLDHAM, North West region, England, and the industry category is Financial and insurance services.

This recent tender for Property & Motor Insurance by Oldham Council provides opportunities for small and medium-sized enterprises (SMEs) in the financial and insurance services sector. Businesses well-suited to compete in this tender include insurance providers and brokers, risk management firms, and other relevant service providers. The competitive process involved the award to several suppliers, demonstrating a potential market for diverse businesses in this industry. The Council's procurement stage transitioned from tender to award, indicating completion of the selection process.

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Notice Title

Property & Motor Insurance - Oldham Council

Notice Description

To provide property and motor insurance for Oldham Council. A mini competition was ran using the YPO Insurance Brokerage Framework and Insurance Placement DPS

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ba152b66-b544-44b0-a5dd-5ac7b47ca610
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a7ec6793-e223-4710-b839-de4cd0272e69
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
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£5,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£3,364,284 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
1 May 20241 years ago
Submission Deadline
9 Feb 2024Expired
Future Notice Date
Not specified
Award Date
19 Mar 20241 years ago
Contract Period
31 Mar 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

Contracting Authority (Buyer)

Main Buyer
OLDHAM 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
OLDHAM
Postcode
OL1 1UG
Post Town
Oldham
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD37 Greater Manchester North East
Delivery Location
TLD North West (England)

Local Authority
Oldham
Electoral Ward
St Mary's
Westminster Constituency
Oldham East and Saddleworth

Supplier Information

Number of Suppliers
5
Supplier Names

ALESCO RISK MANAGEMENT SERVICES

MAVEN PUBLIC SECTOR

PROTECTOR INSURANCE

RISK MANAGEMENT PARTNERS

ZURICH INSURANCE COMPANY LTD T/A 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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