---
title: "Insurance Cover"
ocid: "ocds-b5fd17-e79a7ba2-806e-493c-9549-524565d29a70"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-e79a7ba2-806e-493c-9549-524565d29a70"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-e79a7ba2-806e-493c-9549-524565d29a70.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-e79a7ba2-806e-493c-9549-524565d29a70.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "SOUTH YORKSHIRE PASSENGER TRANSPORT EXECUTIVE"
published: "2018-02-01"
---

# Insurance Cover

Buyer: SOUTH YORKSHIRE PASSENGER TRANSPORT EXECUTIVE  
Current stage: Award  
OCID: ocds-b5fd17-e79a7ba2-806e-493c-9549-524565d29a70

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## Summary

The South Yorkshire Passenger Transport Executive is seeking tenders for an insurance cover contract, which includes two lots: Lot 1 for Property Damage, Business Interruption, and Contract Works Insurance, and Lot 2 for Combined Liability Insurance. The tender was published on 31st October 2017, and the tender period concluded on 6th December 2017. The contract, valued at £194,567.20, is set to commence on 28th February 2018 and will run until 31st March 2021. The procurement method utilised was an open procedure above the threshold, and the relevant services fall under the CPV classification of insurance services, specifically within the Yorkshire and the Humber region.

This tender presents an opportunity for growth for businesses specialised in insurance services, particularly those capable of covering property damage and liability risks. Companies of various sizes are encouraged to consider this opportunity, but it may be especially advantageous for established insurers with the capacity to manage large policies. The availability of two distinct lots allows for strategic bidding, enabling firms to align their expertise with one or both offerings to maximise their chances of success.

## Notice

There are two Lots available and tenderers may apply for either one or both Lots. Lot 1: Provision of Property Damage, Business Interruption and Contract Works Insurance. Lot 2: Provision of Combined Liability Insurance. Additional information: Tender documentation can be accessed at www.sypte.co.uk/contracts The estimates provided in Section 1 are based on estimated annual premiums using historical information for the Lots.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/5c9e1131-380c-48df-8250-934554288c69 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (above threshold) |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 1 Feb 2018 |
| Submission deadline | 6 Dec 2017 |
| Future notice date | Not specified |
| Award date | 26 Jan 2018 |
| Contract period | 28 Feb 2018 - 31 Mar 2021 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £160,000 |
| Lots value | Not specified |
| Awards value | £194,567 |
| 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 | SOUTH YORKSHIRE PASSENGER TRANSPORT EXECUTIVE |
| Locality | SHEFFIELD |
| Post town | Sheffield |
| Postcode | S1 2BQ |
| Country | England |
| ITL 1 | TLE Yorkshire and The Humber |
| ITL 2 | TLE3 South Yorkshire |
| ITL 3 | TLE32 Sheffield |
| Local authority | Sheffield |
| Electoral ward | City |
| Westminster constituency | Sheffield Central |
| Delivery location | TLE Yorkshire and The Humber |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 2 |
| Supplier names | CHUBB EUROPEAN; QBE INSURANCE (EUROPE |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 1 Feb 2018 at 17:19 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/5c9e1131-380c-48df-8250-934554288c69
- 31 Oct 2017 at 09:41 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/7aeb2fc7-86e1-405f-a549-e474893542cf

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/5c9e1131-380c-48df-8250-934554288c69
  1st February 2018 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/7aeb2fc7-86e1-405f-a549-e474893542cf
  31st October 2017 - Opportunity notice on Contracts Finder

## Notice URLs

- http://www.sypte.co.uk/contracts

## 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-e79a7ba2-806e-493c-9549-524565d29a70. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-e79a7ba2-806e-493c-9549-524565d29a70.json.