Award

DH21071 - Insurance Broker Services

DERBY HOMES LIMITED

This public procurement record has 2 releases in its history.

AwardUpdate

23 Jan 2025 at 09:09

Award Notice
Award

31 Oct 2023 at 10:49

Award Notice
Summary of the contracting process

Derby Homes Limited has awarded a contract titled "DH21071 - Insurance Broker Services" under the industry category of Financial and Insurance Services. The procurement was a direct award via the YPO Framework, calling off a framework agreement. The procurement stage is complete, with the contract period running from 1st April 2022 to 31st March 2026. The contract, initially valued at £955,000, has been modified to a maximum of £1,432,500 due to unforeseen changes in insurance costs and provisions for the social housing sector. The procurement method used was selective, and the delivery location is in the East Midlands, United Kingdom.

This tender presents significant opportunities for businesses in the financial and insurance sectors, including SMEs and voluntary community and social enterprises (VCSEs). As the contract includes a substantial modification in its value, businesses experienced in delivering scalable insurance brokerage services, especially those adept at handling dynamic insurance markets and social housing needs, would be well-suited to compete for similar opportunities in the future. This framework-based engagement indicates a continuous demand for specialised insurance services, providing a stable growth avenue for proficient companies in this domain.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

DH21071 - Insurance Broker Services

Notice Description

Direct Award via YPO Framework - Insurance Brokerage Framework and Insurance Placement DPS. The original award notice had the value of contract at PS955,000. Changes to availability of options and costs of insurance provision to the social housing sector since the contract began have caused need to issue notice of modification of the contract during its term without yet readvertising the opportunity. This is to allow us to use the contract at no more than a 50% increase of value of the contract (from PS955,000 to PS1,432,500). Change of supplier would not be practicable before that without substantial inconvenience/duplication of cost. This need for modification could not have been foreseen by the contracting authority acting diligently.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-eaada1df-eb14-4d71-b0ac-c79c0bd6305b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/32db207a-1344-4c4d-90d7-1764c56a1434
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
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
£1,432,500 £1M-£10M
Lots Value
Not specified
Awards Value
£1,432,500 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
23 Jan 20251 years ago
Submission Deadline
10 Oct 2021Expired
Future Notice Date
Not specified
Award Date
11 Jan 20215 years ago
Contract Period
31 Mar 2022 - 31 Mar 2026 4-5 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
DERBY HOMES LIMITED
Contact Name
Aiqiong Iredale
Contact Email
dh-procurement@derby.gov.uk
Contact Phone
+441332888777

Buyer Location

Locality
DERBY
Postcode
DE24 8UZ
Post Town
Derby
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF11 Derby
Delivery Location
TLF East Midlands (England)
Local Authority
Derby
Electoral Ward
Alvaston North
Westminster Constituency
Derby South

Supplier Information

Number of Suppliers
1
Supplier Name

MARSH

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-eaada1df-eb14-4d71-b0ac-c79c0bd6305b-2025-01-23T09:09:40Z",
    "date": "2025-01-23T09:09:40Z",
    "ocid": "ocds-b5fd17-eaada1df-eb14-4d71-b0ac-c79c0bd6305b",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "DH21071",
        "title": "DH21071 - Insurance Broker Services",
        "description": "Direct Award via YPO Framework - Insurance Brokerage Framework and Insurance Placement DPS. The original award notice had the value of contract at PS955,000. Changes to availability of options and costs of insurance provision to the social housing sector since the contract began have caused need to issue notice of modification of the contract during its term without yet readvertising the opportunity. This is to allow us to use the contract at no more than a 50% increase of value of the contract (from PS955,000 to PS1,432,500). Change of supplier would not be practicable before that without substantial inconvenience/duplication of cost. This need for modification could not have been foreseen by the contracting authority acting diligently.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66000000",
            "description": "Financial and insurance services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "East Midlands",
                        "countryName": "United Kingdom"
                    },
                    {
                        "region": "East Midlands",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 1432500,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2021-10-11T00:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2022-04-01T00:00:00+01:00",
            "endDate": "2026-03-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": true
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/x99Z57kn",
            "name": "DERBY HOMES LIMITED",
            "identifier": {
                "legalName": "DERBY HOMES LIMITED",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/x99Z57kn"
            },
            "address": {
                "streetAddress": "839 London Road, Alvaston",
                "locality": "Derby",
                "postalCode": "DE24 8UZ",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "email": "DH-Procurement@derby.gov.uk",
                "telephone": "+441332888777",
                "name": "Aiqiong Iredale"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-01507274",
            "name": "MARSH LIMITED",
            "identifier": {
                "legalName": "MARSH LIMITED",
                "scheme": "GB-COH",
                "id": "01507274"
            },
            "address": {
                "streetAddress": "1 Tower Place West, Tower Place, London, EC3R 5BU"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/x99Z57kn",
        "name": "DERBY HOMES LIMITED"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-eaada1df-eb14-4d71-b0ac-c79c0bd6305b-1",
            "status": "active",
            "date": "2021-01-11T00:00:00Z",
            "datePublished": "2023-10-31T10:49:48Z",
            "value": {
                "amount": 1432500,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-01507274",
                    "name": "MARSH LIMITED"
                }
            ],
            "contractPeriod": {
                "startDate": "2022-04-01T00:00:00+01:00",
                "endDate": "2026-03-31T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/32db207a-1344-4c4d-90d7-1764c56a1434",
                    "datePublished": "2023-10-31T10:49:48Z",
                    "format": "text/html",
                    "language": "en",
                    "dateModified": "2025-01-23T09:09:40Z"
                }
            ]
        }
    ]
}