Award

Further Competition under Insurance Placement DPS 978 for Mansfield District Council and their appointed Insurance Broker - Marsh

YORKSHIRE PURCHASING ORGANISATION

This public procurement record has 1 release in its history.

Award

13 Apr 2021 at 11:47

Summary of the contracting process

The Yorkshire Purchasing Organisation is facilitating a tender for insurance services under the title "Further Competition under Insurance Placement DPS 978 for Mansfield District Council and their appointed Insurance Broker - Marsh." This procurement aims to renew existing long-term agreements for material damage, casualty, crime, and motor insurance in Mansfield, England, with key dates including a tender deadline that has passed on 20th January 2021 and a contract commencement set for 1st April 2021, lasting until 31st March 2028. The total contract value is estimated at £390,000 and the method of procurement is classified as selective, as it is a call-off from a dynamic purchasing system.

This tender presents substantial opportunities for small and medium-sized enterprises (SMEs) and voluntary and community sector enterprises (VCSEs) to expand their business activities within the competitive insurance market. Businesses specialising in insurance services, risk management, and related fields would be well-positioned to participate, particularly those with experience in public sector contracts. The competitive landscape created by this tender could lead to increased business prospects, especially for companies looking to establish or strengthen their partnerships with local councils and public authorities.

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Notice Title

Further Competition under Insurance Placement DPS 978 for Mansfield District Council and their appointed Insurance Broker - Marsh

Notice Description

The Contracting Authority are approaching the end of their existing Long Term Agreements with insurers for Material Damage, Casualty, Crime and Motor in line with Public Procurement legislation, they are tendering their insurance portfolio in time for renewal on 1st April 2021.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ed6c1234-fc89-4fba-9792-a581abfda37a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bce1d0e8-869f-4683-a616-e6bc4d3b5adf
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
£390,000 £100K-£500K
Lots Value
Not specified
Awards Value
£390,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Apr 20214 years ago
Submission Deadline
20 Jan 2021Expired
Future Notice Date
Not specified
Award Date
8 Mar 20214 years ago
Contract Period
31 Mar 2021 - 31 Mar 2028 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
MANSFIELD
Postcode
NG19 7BH
Post Town
Nottingham
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF15 North Nottinghamshire
Delivery Location
Not specified

Local Authority
Mansfield
Electoral Ward
West Bank
Westminster Constituency
Mansfield

Supplier Information

Number of Suppliers
2
Supplier Names

RISK MANAGEMENT PARTNERS

TRAVELERS 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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