---
title: "SBC 0623 - Procurement of Insurance Placement through YPO DPS 978"
ocid: "ocds-b5fd17-7854efb9-00eb-45b6-967b-7ce62eec7736"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-7854efb9-00eb-45b6-967b-7ce62eec7736"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-7854efb9-00eb-45b6-967b-7ce62eec7736.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-7854efb9-00eb-45b6-967b-7ce62eec7736.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "STEVENAGE BOROUGH COUNCIL"
published: "2023-09-14"
---

# SBC 0623 - Procurement of Insurance Placement through YPO DPS 978

Buyer: STEVENAGE BOROUGH COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-7854efb9-00eb-45b6-967b-7ce62eec7736

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-7854efb9-00eb-45b6-967b-7ce62eec7736)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-7854efb9-00eb-45b6-967b-7ce62eec7736.json)

## Summary

The Stevenage Borough Council has awarded a contract for procurement of insurance services through a dynamic purchasing system. The contract, titled "SBC 0623 - Procurement of Insurance Placement through YPO DPS 978," is valued at £1,116,658 and will be in effect from October 1, 2023, to September 30, 2026. The contracting authority is STEVENAGE BOROUGH COUNCIL located in Stevenage, East of England. The procurement stage was an award, with the contract awarded to ASPEN INSURANCE UK LIMITED.

This procurement opportunity for insurance services presents a chance for SMEs and VCSEs to engage in the public sector market. Businesses in the insurance services industry or related fields may find this tender of interest due to the potential for contract extension beyond the initial three-year period. The selective procurement method used, involving call-off from a dynamic purchasing system, offers a streamlined process for qualified suppliers to participate in this ongoing contract with Stevenage Borough Council.

## Notice

Lot 1 Insurance for Housing Stock/General Properties/ Residential Garages/All Risks/Contract Works/Business Interruption & Money

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/69d2b163-2149-468c-906e-ec7950c7413a |
| Notice type | Award Notice |
| Procurement type | Dynamic |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a dynamic purchasing system |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 14 Sep 2023 |
| Submission deadline | 31 Jul 2023 |
| Future notice date | Not specified |
| Award date | 3 Sep 2023 |
| Contract period | 30 Sep 2023 - 30 Sep 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,116,658 |
| Lots value | Not specified |
| Awards value | £1,116,658 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | STEVENAGE BOROUGH COUNCIL |
| Locality | STEVENAGE |
| Post town | Stevenage |
| Postcode | SG1 1HN |
| Country | England |
| ITL 1 | TLH East (England) |
| ITL 2 | TLH2 Bedfordshire and Hertfordshire |
| ITL 3 | TLH26 North and East Hertfordshire |
| Local authority | Stevenage |
| Electoral ward | Old Town |
| Westminster constituency | Stevenage |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ASPEN INSURANCE |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 14 Sep 2023 at 09:53 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/69d2b163-2149-468c-906e-ec7950c7413a

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/69d2b163-2149-468c-906e-ec7950c7413a
  14th September 2023 - Awarded contract notice on Contracts Finder

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-7854efb9-00eb-45b6-967b-7ce62eec7736. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-7854efb9-00eb-45b6-967b-7ce62eec7736.json.