Tender

YPO - 1198 Insurance Placement DPS II

YPO

This public procurement record has 2 releases in its history.

Tender

18 Dec 2025 at 12:30

Tender

14 Mar 2024 at 16:07

Summary of the contracting process

The procurement process is initiated by YPO in collaboration with ESPO and NEPO, inviting providers to join a Dynamic Purchasing System (DPS) titled "YPO - 1198 Insurance Placement DPS II". This opportunity falls under the financial and insurance services category, encapsulating a broad spectrum of services such as accident, health, liability, and credit insurance services. The DPS aims to cater to public sector organisations across the United Kingdom and is slated to run from 1st May 2024 to 30th April 2034, with a potential extension. The process utilises a selective procurement approach via a restricted procedure, with the initial submission deadline set for 21st March 2024 at 14:00. Subsequently, the DPS will remain open to allow suppliers to submit bids up until its closing date.

This tender presents significant opportunities for businesses, particularly those specialising in various branches of insurance and related services. It is especially suitable for small and medium enterprises (SMEs), providing a platform for them to access a substantial public sector market valued at £3 billion GBP. Considering the expansive nature of the DPS and its open-ended submission capability post-initial phase, businesses can strategically plan their service offerings and propose solutions that align with the evolving needs of the public sector. The inclusion of diverse categories such as insurance claims adjustment and actuarial services indicates a broad potential for service-related growth and diversification for qualified providers.

How relevant is this notice?

Notice Information

Notice Title

YPO - 1198 Insurance Placement DPS II

Notice Description

YPO in collaboration with ESPO and NEPO are looking for Providers to be appointed onto a Dynamic Purchasing System (DPS) for the provision of Insurance Placement and associated services for the wider public sector. The DPS is designed to meet the needs of all public sector organisations. The DPS will cover the period from 1st of May 2024 to 23rd of February 2029 (subject to an annual review, and KPI performance). Additional information: The first deadline for submissions (21/03/2024 at 14:00 pm) is only applicable to the initial establishment/first round of the DPS. Following the initial establishment, the DPS will remain open for any Suppliers to submit a bid at any point until the closing date of the DPS

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f8bfa52f-f911-4af0-8866-fa03cc39a02f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c3749396-4398-4a36-9718-f3202fbc33f6
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

66512000 - Accident and health insurance services

66513000 - Legal insurance and all-risk insurance services

66514000 - Freight insurance and Insurance services relating to transport

66515000 - Damage or loss insurance services

66516000 - Liability insurance services

66517000 - Credit and surety insurance services

66518200 - Insurance agency services

66518300 - Insurance claims adjustment services

66519000 - Engineering, auxiliary, average, loss, actuarial and salvage insurance services

Notice Value(s)

Tender Value
£3,000,000,000 £1B-£10B
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
18 Dec 20251 weeks ago
Submission Deadline
21 Feb 20294 years to go
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
22 Feb 2029 - 23 Feb 2029 30 days
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
YPO
Contact Name
Contracts Team
Contact Email
contracts@ypo.co.uk
Contact Phone
+44 1924664685

Buyer Location

Locality
WAKEFIELD
Postcode
WF2 0XE
Post Town
Wakefield
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE45 Wakefield
Delivery Location
Not specified

Local Authority
Wakefield
Electoral Ward
Wrenthorpe and Outwood West
Westminster Constituency
Wakefield and Rothwell

Further Information

Notice Documents

Notice URLs

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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