Award

Metro Extension Insurance Brokerage Services - CAN

WEST MIDLANDS COMBINED AUTHORITY

This public procurement record has 1 release in its history.

Award

29 Aug 2025 at 12:10

Summary of the contracting process

The West Midlands Combined Authority has completed the procurement process for insurance brokerage services concerning the West Midlands Metro extension project. The contract has been awarded to Marsh Limited through a direct award from the YPO Insurance Brokerage Services Framework, marking the award stage of the procurement. The project falls under the services category in the insurance brokerage services industry and will take place in the West Midlands, United Kingdom. The contract period is set to commence on 1st January 2025 and conclude on 31st December 2028, with a total value of £5,458,591. This selective procurement method was facilitated as a call-off from a framework agreement, aiming to ensure efficient service provision within stipulated timeframes.

This tender presents significant opportunities for businesses specialising in insurance brokerage services, particularly large-scale firms that can meet the demands of such extensive projects. Although the direct award method was employed, inclusion in established framework agreements, such as the YPO Insurance Brokerage Services Framework, could position businesses advantageously for future projects of similar magnitude. Participation in such frameworks can catalyse business growth, providing visibility and access to high-value contracts within the public sector, particularly in regions experiencing infrastructural expansions like the West Midlands.

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Notice Title

Metro Extension Insurance Brokerage Services - CAN

Notice Description

Contract Award Notice to confirm the award of a contract to Marsh Ltd for insurance brokerage services in relation to the West Midlands Metro extension project. This contract was awarded as a Direct Award from the YPO Insurance Brokerage Services Framework (1160) .

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f7cad2d4-b508-402a-a404-1bfa871c89cd
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b9f06f57-4c64-4fc7-aa88-8f3b19cd6716
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66518100 - Insurance brokerage services

Notice Value(s)

Tender Value
£5,458,591 £1M-£10M
Lots Value
Not specified
Awards Value
£4,468,207 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
29 Aug 20255 months ago
Submission Deadline
31 Dec 2024Expired
Future Notice Date
Not specified
Award Date
2 Jul 20257 months ago
Contract Period
1 Jan 2025 - 31 Dec 2028 4-5 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
WEST MIDLANDS COMBINED AUTHORITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BIRMINGHAM
Postcode
B19 3SD
Post Town
Birmingham
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
TLG West Midlands (England)

Local Authority
Birmingham
Electoral Ward
Newtown
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

MARSH

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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