Award

Further Competition Under Insurance Placement DPS 978 for West Lothian and their appointed Insurance Broker - Marsh

YORKSHIRE PURCHASING ORGANISATION

This public procurement record has 1 release in its history.

Award

22 Aug 2023 at 14:06

Award Notice
Summary of the contracting process

The Yorkshire Purchasing Organisation has awarded a contract for Insurance and pension services to Maven Public Sector under the title "Further Competition Under Insurance Placement DPS 978 for West Lothian and their appointed Insurance Broker - Marsh". The procurement method used was selective, with a value of £1,821,000. The tender period ended on 10th January 2023, and the contract period will be from 1st April 2023 to 31st March 2028. The contracting authority is located in Livingston, England, and the main procurement category is services.

This tender presents opportunities for business growth especially for suppliers in the insurance and pension services industry. Small and medium-sized enterprises (SMEs) and organizations from the voluntary, community, and social enterprise (VCSE) sector are well-suited to compete. The tender, sourced from the Yorkshire Purchasing Organisation, has advanced to the award stage, providing successful bidders with significant contract values to support their business expansion. Businesses offering casualty liability, property, motor, and engineering services are particularly encouraged to participate.

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Notice Information

Notice Title

Further Competition Under Insurance Placement DPS 978 for West Lothian and their appointed Insurance Broker - Marsh

Notice Description

This Insurance is being procured competitively and in accordance with the Public Contracts Regulations 2015, via the YPO Insurance Placement DPS Ref. No: 000978 This Insurance Tender is restricted to Economic Operators currently listed under the DPS. Tender response quotations must be submitted on a 'net of normal commission' basis and all amounts shown in Pounds Sterling. Marsh brokerage of 3.5% will apply to all classes. The YPO Management Surcharge of 0.5% will also apply to all classes.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ff682a5c-b911-41c1-8d3c-43fd8482a09c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/856438e6-ccac-4843-8d6a-b80749aefa82
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

66500000 - Insurance and pension services

Notice Value(s)

Tender Value
£1,821,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,821,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
22 Aug 20232 years ago
Submission Deadline
10 Jan 2023Expired
Future Notice Date
Not specified
Award Date
10 Feb 20233 years ago
Contract Period
31 Mar 2023 - 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

Buyer & Supplier

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
LIVINGSTON
Postcode
EH54 6FF
Post Town
Edinburgh
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM14 West Lothian
Delivery Location
Not specified
Local Authority
West Lothian
Electoral Ward
Livingston South
Westminster Constituency
Livingston

Supplier Information

Number of Suppliers
3
Supplier Names

BRITISH ENGINEERING SERVICES

MAVEN PUBLIC SECTOR

ZURICH MUNICIPAL

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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