Award

Further Competition under Insurance Placement DPS 978 for Northumberland County Council and their appointed Insurance Broker - Marsh

NORTHUMBERLAND COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

08 Apr 2021 at 09:50

Summary of the contracting process

The procurement process involves Northumberland County Council, which is seeking bids for insurance services through a further competition under the Insurance Placement Dynamic Purchasing System (DPS 978). This procurement falls under the services category and is located in the UK. The contract aims to support various insurance needs, including material damage and public liability, with a total value of £11,427,490, beginning from the renewal date of 1st April 2021. The procedure used is selective, and although the process is completed, it reflects a critical stage in ensuring suitable insurance cover for the county council's activities.

This tender presents a significant opportunity for businesses in the insurance sector, especially companies capable of providing a broad range of insurance services, including general liability and risk management. Firms that specialise in commercial insurance, particularly those with experience in local authority contracts, will find this competitive process suitable for growth, as the contract has a potential duration of five years with options for extensions based on performance. As such, this procurement could catalyse long-term partnerships for successful bidders within the local government framework.

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Notice Title

Further Competition under Insurance Placement DPS 978 for Northumberland County 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, Business Interruption, Money, Computer, Fidelity Guarantee, Employers Liability, Public/Products Liability, Officials Indemnity, Professional Indemnity, Motor Fleet, Personal Accident / Travel, School Journey and in line with Public Procurement legislation, they are tendering their insurance portfolio in time for renewal on 1st April 2021. This Insurance is being procured competitively and in accordance with the Public Contracts Regulations 2015, via the YPO Insurance Placement DPS Ref. No: 000978

Lot Information

Lot 1

Further Competition under Insurance Placement DPS 978 for Northumberland County Council and their appointed Insurance Broker - Marsh

Options: The Contract Period will be for 5 years (60 months) from the date of award with a provision to extend annually for up to a further 1 year (12 months), and then by a further 1 year (12 months), subject to satisfactory performance as reviewed on a year by year basis.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02a390
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/007199-2021
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

66510000 - Insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£11,427,490 £10M-£100M

Notice Dates

Publication Date
8 Apr 20214 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
24 Feb 20215 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
NORTHUMBERLAND COUNTY COUNCIL
Contact Name
Paul Geenwood
Contact Email
paul.greenwood@northumberland.gov.uk
Contact Phone
+44 07966325054

Buyer Location

Locality
MORPETH
Postcode
NE61 2EF
Post Town
Newcastle upon Tyne
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC42 Northumberland
Delivery Location
Not specified

Local Authority
Northumberland
Electoral Ward
Morpeth Kirkhill
Westminster Constituency
North Northumberland

Supplier Information

Number of Suppliers
1
Supplier Name

ZURICH MUNICIPAL

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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