Award

Further Competition under Insurance Placement DPS 978 for Bury Metropolitan Borough Council and their appointed Insurance Broker - A.J. Gallagher

BURY COUNCIL

This public procurement record has 1 release in its history.

Award

08 Apr 2021 at 13:29

Summary of the contracting process

The procurement process pertains to a contract issued by Bury Council for a Further Competition under Insurance Placement DPS 978, focusing on insurance services for residential properties including two and three-storey flats. The contract is valued at £117,314.73 and was awarded on 10th March 2021. The procurement method used is a selective or restricted procedure, and it qualifies under the General Procurement Agreement (GPA). This process has now been completed, with a total of four bids submitted during the tendering phase.

This tender presents a lucrative opportunity for businesses specialising in insurance services, especially those that can provide block insurance policy arrangements. Companies with strong underwriting and claims service capabilities, as well as a commitment to delivering added value and social impact, would be well-suited to compete. Engaging with a local authority exemplifies the potential for business growth in the public sector, making this an attractive prospect for both established firms and innovative newcomers in the insurance industry.

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Notice Title

Further Competition under Insurance Placement DPS 978 for Bury Metropolitan Borough Council and their appointed Insurance Broker - A.J. Gallagher

Notice Description

Further Competition under Insurance Placement DPS 978 for Bury Metropolitan Borough Council and their appointed Insurance Broker - A.J. Gallagher

Lot Information

Lot 1

The Contract matter is the arrangement of a block insurance policy in respect of Residential Properties comprising 2 storey and 3 storey Flats. Additional information: Total value of the Contracts is PS117314.73 (Initial three year term).

Options: Three year agreement with the option to extend for a further two years.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02a3c8
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/007255-2021
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
£117,314 £100K-£500K

Notice Dates

Publication Date
8 Apr 20214 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
10 Mar 20214 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
BURY COUNCIL
Contact Name
Eileen Howells
Contact Email
e.p.howe4lls@bury.gov.uk
Contact Phone
+44 01612537787

Buyer Location

Locality
BURY
Postcode
BL9 0SW
Post Town
Bolton
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD37 Greater Manchester North East
Delivery Location
Not specified

Local Authority
Bury
Electoral Ward
Bury East
Westminster Constituency
Bury North

Supplier Information

Number of Suppliers
1
Supplier Name

ASPEN INSURANCE

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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