Tender

Insurance Brokerage Services

PROCUREMENT ASSIST LIMITED C/O INTEGRATED FACILITIES MANAGEMENT BOLTON LTD (IFM BOLTON)

This public procurement record has 1 release in its history.

Tender

10 Jan 2025 at 14:05

Summary of the contracting process

Procurement Assist Limited, in association with Integrated Facilities Management Bolton Ltd (iFM Bolton), is inviting service providers to participate in a tender for insurance brokerage services under a Dynamic Purchasing System (DPS). This procurement process falls under the industry category of insurance brokerage and agency services and covers the entire United Kingdom. The DPS is set to remain open until 31 May 2029, with an initial application period of 30 days that remains open for submission until the closing date. The total estimated contract value is GBP 50,000,000, with the procurement method specified as a restricted procedure. The tender is currently in the "active" stage, and providers will need to submit written applications in English.

This tender presents significant opportunities for businesses in the insurance brokerage sector, especially those of small or medium enterprises (SMEs), to expand their market reach by providing their specialised services to the public sector. Companies that excel in offering comprehensive insurance support services—such as professional indemnity, public liability, product liability, business continuity/interruption, property insurance, and cyber crime coverage—are ideal candidates. The DPS offers a streamlined procurement route, negating further engagements with OJEU procurement processes, which benefits firms by offering a quick market entry, ongoing tenders until the closing date, and substantial business growth potential.

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Notice Title

Insurance Brokerage Services

Notice Description

Procurement Assist Limited is seeking service providers to take part in tendering for a place on a 60 month Dynamic Purchasing System for Insurance Brokerage Services. The DPS will be available for use by iFM Bolton and the whole public sector from across the United Kingdom. The DPS initial application period is 30 days but will remain open until 31 May 2029. Applications from service providers can be made at any time during this period. The DPS is intended to be a fast route to market for Clients, with Clients not needing any further engagement with OJEU procurement processes. Procurement Assist is publishing this Notice of Amendment made pursuant to the original Notice 2020/S 081-192467 to extend the DPS to 31 May 2029. The remaining information in relation to this DPS is unchanged.

Lot Information

Lot 1

Including, but not limited to: *Provide a full support brokerage service to the Client, including scoping insurance requirements in detail. *Provision of insurance services for (but not limited to) Professional Indemnity, Public Liability, Product Liability, Business Continuity/Interruption, Property Insurance and Cyber Crime. *Obtaining quotations from panels of insurers on behalf of the Client. *Ensuring that the cover selected by the Client is implemented and activated correctly to ensure the cover is valid and not void. Additional information: To respond to this opportunity please click here: https://www.delta-esourcing.com/respond/287K2228S2

Renewal: Procurement Assist are extending the active period of the DPS to 31 May 2029. The DPS will be reviewed on an annual basis for amendment, further extension, termination or to re-procure.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04cf1d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/000858-2025
Current Stage
Tender
All Stages
Tender

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66518000 - Insurance brokerage and agency services

Notice Value(s)

Tender Value
£50,000,000 £10M-£100M
Lots Value
£50,000,000 £10M-£100M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
10 Jan 20251 years ago
Submission Deadline
31 May 20294 years to go
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
PROCUREMENT ASSIST LIMITED C/O INTEGRATED FACILITIES MANAGEMENT BOLTON LTD (IFM BOLTON)
Contact Name
Not specified
Contact Email
tenders@procurementassist.co.uk
Contact Phone
+44 3301281336

Buyer Location

Locality
BOLTON
Postcode
BL4 0JR
Post Town
Bolton
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD36 Greater Manchester North West
Delivery Location
Not specified

Local Authority
Bolton
Electoral Ward
Farnworth North
Westminster Constituency
Bolton South and Walkden

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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