Award

Further Competition under Insurance Placement DPS 978 for Wakefield Council and their appointed Insurance Broker - Aon

WAKEFIELD COUNCIL

This public procurement record has 1 release in its history.

Award

16 Apr 2021 at 08:04

Summary of the contracting process

The Wakefield Council has completed a further competition process under the Insurance Placement Dynamic Purchasing System for various insurance services. This procurement, initiated on 16 April 2021, covers eight lots, including property damage, fidelity guarantees, combined liability, and motor fleet insurances. The procurement was conducted through a selective method and classified within the services industry. The contracts awarded in this process were valued at over £1.2 million and offered potential long-term agreements of three years, with an option for a two-year extension. The awards were made to Zurich Municipal and Risk Management Partners, both of which are currently engaged in active contracts.

This tender presents significant opportunities for businesses in the insurance sector, particularly those offering specialised insurance services and solutions. Companies that excel in quality compliance and price competitiveness are well-suited to enter into bidding for such contracts. The diverse nature of the insurance needs highlighted in the procurement process suggests a broad range of suitable candidates, from smaller niche providers to larger insurance entities. Engaging with Wakefield Council could enable growth through long-term partnerships within this growing urban and rural market.

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Notice Title

Further Competition under Insurance Placement DPS 978 for Wakefield Council and their appointed Insurance Broker - Aon

Notice Description

Wakefield is one of five metropolitan districts in West Yorkshire. It has a population of approximately 340,000, making it the eighth largest metropolitan district in the country. It is a diverse area that covers 350 square km of both urban and rural areas. Wakefield has excellent links to the M1, M62 and A1 motorways and has two train stations which enable connections to the East Coast Main Line train service to Leeds, Doncaster and London Kings Cross.

Lot Information

Property Damage / Industrial Units / Works in Progress / Money / All Risks / Contract Works / Computer / Balance of Risks

Further Competition under Insurance Placement DPS 978 for Wakefield Council and their appointed Insurance Broker - Aon

Options: The Authority is looking for quotations based upon a Long Term Agreement of 3 years with the option to extend for a further 2 years at the Council's discretion.

Fidelity Guarantee / Crime

Further Competition under Insurance Placement DPS 978 for Wakefield Council and their appointed Insurance Broker - Aon

Options: The Authority is looking for quotations based upon a Long Term Agreement of 3 years with the option to extend for a further 2 years at the Council's discretion.

Combined Liability

Further Competition under Insurance Placement DPS 978 for Wakefield Council and their appointed Insurance Broker - Aon

Options: The Authority is looking for quotations based upon a Long Term Agreement of 3 years with the option to extend for a further 2 years at the Council's discretion.

Motor Fleet

Further Competition under Insurance Placement DPS 978 for Wakefield Council and their appointed Insurance Broker - Aon

Options: The Authority is looking for quotations based upon a Long Term Agreement of 3 years with the option to extend for a further 2 years at the Council's discretion.

Fine Arts

Further Competition under Insurance Placement DPS 978 for Wakefield Council and their appointed Insurance Broker - Aon

Options: The Authority is looking for quotations based upon a Long Term Agreement of 3 years with the option to extend for a further 2 years at the Council's discretion.

Hepworth Combined/Directors and Officers

Further Competition under Insurance Placement DPS 978 for Wakefield Council and their appointed Insurance Broker - Aon

Options: The Authority is looking for quotations based upon a Long Term Agreement of 3 years with the option to extend for a further 2 years at the Council's discretion.

Engineering Inspection/Insurance

Further Competition under Insurance Placement DPS 978 for Wakefield Council and their appointed Insurance Broker - Aon

Options: The Authority is looking for quotations based upon a Long Term Agreement of 3 years with the option to extend for a further 2 years at the Council's discretion.

Personal Accident/Travel

Further Competition under Insurance Placement DPS 978 for Wakefield Council and their appointed Insurance Broker - Aon. Additional information: Total value of the contract: PS3,699,003. 00 is for the initial 3 year contract

Options: The Authority is looking for quotations based upon a Long Term Agreement of 3 years with the option to extend for a further 2 years at the Council's discretion.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02a6b4
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/008003-2021
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
£1,235,535 £1M-£10M

Notice Dates

Publication Date
16 Apr 20214 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 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
WAKEFIELD COUNCIL
Contact Name
Andrew Burkinshaw
Contact Email
aburkinshaw@wakefield.gov.uk
Contact Phone
+44 01924305824

Buyer Location

Locality
WAKEFIELD
Postcode
WF1 2QW
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
Wakefield North
Westminster Constituency
Wakefield and Rothwell

Supplier Information

Number of Suppliers
2
Supplier Names

RISK MANAGEMENT PARTNERS

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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