Award

Further Competition under Insurance Placement DPS 978 for Mid and West Wales Fire and Rescue Services and their appointed Insurance Broker - Marsh

MID & WEST WALES FIRE & RESCUE SERVICE

This public procurement record has 1 release in its history.

Award

27 Jul 2021 at 06:35

Summary of the contracting process

The procurement process, initiated by the Mid & West Wales Fire & Rescue Service, involves a tender titled "Further Competition under Insurance Placement DPS 978" for insurance services, specifically targeting Combined Liabilities. This process falls under the services industry category, with a crucial deadline for contract renewal set for 1st April 2021. The procurement method employed is selective, adhering to the Public Contracts Regulations 2015, and was executed through the Restricted procedure, ensuring competitive bidding for this vital portfolio.

This tender presents significant opportunities for businesses in the insurance sector, particularly those specialising in liability coverage. Companies that have experience in public sector contracts and can demonstrate a strong commitment to quality and competitive pricing are well-suited to compete. The awarded contract valued at £323,259, currently held by Zurich Municipal, showcases the potential for sustained growth in the insurance market by aligning with established public sector entities like the Mid & West Wales Fire & Rescue Service.

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Notice Title

Further Competition under Insurance Placement DPS 978 for Mid and West Wales Fire and Rescue Services and their appointed Insurance Broker - Marsh

Notice Description

The Contracting Authority are approaching the end of their existing Long Term Agreements with insurers for Combined Liabilities and in line with Public Procurement legislation, they are tendering their insurance portfolio in time for renewal on 01 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

Liability

Further Competition under Insurance Placement DPS 978 for Mid and West Wales Fire and Rescue Services and their appointed Insurance Broker - Marsh

Options: The Contract Period will be for 2 years (24 months) from the date of award with a provision to extend annually for up to a further 3 years (36 months), subject to satisfactory performance as reviewed on a year by year basis.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02ccb6
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/017736-2021
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
£323,259 £100K-£500K

Notice Dates

Publication Date
27 Jul 20214 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
28 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
MID & WEST WALES FIRE & RESCUE SERVICE
Contact Name
Miss Alexandria Roberts
Contact Email
a.roberts@mawwfire.gov.uk
Contact Phone
+44 01267226826

Buyer Location

Locality
CARMARTHEN, CARMARTHESHIRE
Postcode
SA31 1SP
Post Town
Swansea
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL4 Mid and South West Wales
Small Region (ITL 3)
TLL42 South West Wales
Delivery Location
Not specified

Local Authority
Carmarthenshire
Electoral Ward
Carmarthen Town West
Westminster Constituency
Caerfyrddin

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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