Award

London Borough of Merton Further Competition - Insurance Placement Services DPS 978

YORKSHIRE PURCHASING ORGANISATION

This public procurement record has 1 release in its history.

Award

16 Jul 2020 at 09:56

Award Notice
Summary of the contracting process

The London Borough of Merton has completed a further competition for insurance placement services, facilitated by the Yorkshire Purchasing Organisation. This tender, identified as DN467208 / 000978, focused on various lots including property insurance, liability insurance, motor fleet insurance, and business travel insurance. The procurement process, classified under insurance services (CPV code: 66510000), was conducted as a further competition via YPO's insurance placement dynamic purchasing system, with the contract period starting from 1st September 2020 and concluding on 31st March 2024. The tender period closed on 23rd June 2020.

This award represents significant growth opportunities for businesses specialising in insurance services, particularly those that are small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs). Potential bidders that can offer comprehensive and competitive insurance solutions will find this tender aligns well with their capabilities. Companies such as Zurich Municipal and Risk Management Partners Ltd have already secured their roles as suppliers, highlighting the competitive nature and potential for new entrants to make an impactful addition to the sector.

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Notice Information

Notice Title

London Borough of Merton Further Competition - Insurance Placement Services DPS 978

Notice Description

London Borough of Merton's further competition for the following lots of insurance services awarded via YPO's insurance placement DPS - 978. Lot 1: Property Insurance, Lot 2: Liability Insurance, Lot 3: Motor Fleet Insurance, Lot 4: Business Travel Insurance and Schools Activities Insurance.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c6410a12-e995-4c6f-9077-304221625750
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/59867433-3871-46bf-b3fd-18a684e2862d
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Further Competition via YPO's Insurance Placement DPS - 978
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£1,961,500 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
16 Jul 20205 years ago
Submission Deadline
23 Jun 2020Expired
Future Notice Date
Not specified
Award Date
22 Jun 20205 years ago
Contract Period
31 Aug 2020 - 31 Mar 2024 3-4 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
MORDEN
Postcode
SM4 5DX
Post Town
Sutton
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI63 Merton, Kingston upon Thames and Sutton
Delivery Location
TLI London
Local Authority
Merton
Electoral Ward
Merton Park
Westminster Constituency
Wimbledon

Supplier Information

Number of Suppliers
2
Supplier Names

RISK MANAGEMENT PARTNERS

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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