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.

Tender

Insurance Brokerage Services

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

Contract Timeline

Publication Date

10th January 2025 14:05:13 PM

Tender Deadline

31st May 2029 11:00:00 AM 1588 days remaining
Contract Summary

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.
Contract Details

Open Contracting ID

ocds-h6vhtk-04cf1d

Publication Source

Find a Tender Service

Procurement Stage

Tender

Procurement Method

Selective

Procurement Method Details

Restricted Procedure

Procurement Category

Services

Tender Suitability

Framework / DPS

DPS
Contract Classification

CPV Code(s)

66518000

CPV Division(s)

66 - Financial and insurance services
Awarding Authority

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

Buyer Name

Buyer Email

tenders@procurementassist.co.uk

Buyer Phone

+44 3301281336

Buyer Address

Royal Bolton Hospital, Minerva Road, Farnworth

Bolton

BL4 0JR

United Kingdom

View contract on Find a Tender Service

Insurance Brokerage Services

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

Contract Timeline

Contract Summary

Contract Details

Contract Classification

Awarding Authority