Award

Further Competition under Insurance Placement DPS 978 for Bury Metropolitan Borough Council and their appointed Insurance Broker - A.J. Gallagher

YORKSHIRE PURCHASING ORGANISATION

This public procurement record has 1 release in its history.

Award

08 Apr 2021 at 11:18

Summary of the contracting process

The contract titled "Further Competition under Insurance Placement DPS 978" has been awarded by the Yorkshire Purchasing Organisation on behalf of Bury Metropolitan Borough Council for the arrangement of a block insurance policy covering residential properties. The procurement process fell under the 'services' category, specifically classified under insurance services (CPV code 66510000). The contract period commenced on 1 April 2021 and extends until 31 March 2026, with a total value of £117,314.73. The tender method utilized for this contract was a selective process via a dynamic purchasing system, and the tender submission period ended on 11 December 2020.

This tender presents significant growth opportunities for businesses specialising in insurance services, particularly small and medium-sized enterprises (SMEs) and voluntary community sector enterprises (VCSEs). Firms that can provide comprehensive insurance solutions and exhibit strong partnerships with local councils will be well-positioned to compete for similar contracts. The awarded contract's value and duration highlight the potential for establishing long-term business relationships within the local government procurement landscape.

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Notice Title

Further Competition under Insurance Placement DPS 978 for Bury Metropolitan Borough Council and their appointed Insurance Broker - A.J. Gallagher

Notice Description

The Contract matter is the arrangement of a block insurance policy in respect of Residential Properties comprising 2 storey and 3 storey Flats.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e59c62e3-10ca-4459-ae0b-7b6362f8605a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4a9ba11f-da9d-47e4-aac8-d0c025058203
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

66510000 - Insurance services

Notice Value(s)

Tender Value
£117,314 £100K-£500K
Lots Value
Not specified
Awards Value
£117,314 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Apr 20214 years ago
Submission Deadline
11 Dec 2020Expired
Future Notice Date
Not specified
Award Date
10 Mar 20214 years ago
Contract Period
31 Mar 2021 - 31 Mar 2026 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
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
BURY
Postcode
BL9 0SW
Post Town
Bolton
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
Not specified

Local Authority
Bury
Electoral Ward
Bury East
Westminster Constituency
Bury North

Supplier Information

Number of Suppliers
1
Supplier Name

ASPEN INSURANCE

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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