---
title: "Provision of Insurance Services"
ocid: "ocds-b5fd17-f0298050-fcbb-4ae3-899a-5c55c1394a34"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-f0298050-fcbb-4ae3-899a-5c55c1394a34"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-f0298050-fcbb-4ae3-899a-5c55c1394a34.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-f0298050-fcbb-4ae3-899a-5c55c1394a34.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "SANDWELL METROPOLITAN BOROUGH COUNCIL"
published: "2021-10-26"
---

# Provision of Insurance Services

Buyer: SANDWELL METROPOLITAN BOROUGH COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-f0298050-fcbb-4ae3-899a-5c55c1394a34

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## Summary

The Sandwell Metropolitan Borough Council is currently at the award stage of the procurement process for the "Provision of Insurance Services". This tender, identified as SMBC 21076, falls under the financial and insurance services category and is located in the West Midlands, England. The contract begins on 1st October 2021 and runs for three years, with the possibility to extend for an additional two years. The procurement method used is a selective process, specifically a call-off from a dynamic purchasing system, and the estimated contract value is £3,381,000.

This tender presents significant opportunities for growth, particularly for established insurance firms and financial service providers capable of offering a comprehensive insurance portfolio covering Material Damage, Liability, and several other categories. Companies with experience in public sector contracts and those inclined towards innovative solutions will be well-suited to compete in this process, especially given the local authority's drive for high-quality service delivery to strengthen children's social care.

## Notice

Provision of Insurances to SMBC and SCT Sandwell Metropolitan Borough Council was created in 1974 to administer the newly formed Metropolitan Borough of Sandwell, in the West Midlands county of England. The council offices are located at the Council House, Freeth Street, Oldbury Town Centre, which opened in 1989.[1] Sandwell is divided into 24 Wards and is represented by 72 ward councilors. Elections to the council take place in three out of every four years, with one-third of the seats being contested at each election. Since the Local Government Act 1985, Sandwell Council has effectively been a unitary authority, serving as the sole executive, deliberative, and legislative body responsible for local policy, setting council tax, and allocating budget in the district; although public transport, fire and police services, and the local government pension fund (West Midlands Pension Fund) are jointly run by the seven metropolitan boroughs of the West Midlands county. Sandwell Children's Trust Limited. Sandwell Children's Trust is a new, not-for-profit, operationally-independent organisation that has been established by the Council following the statutory direction of the Secretary of State as a company limited by guarantee for the purposes of delivering children's social care services in Sandwell. The Trust is wholly owned by the Council and is a "Teckal" compliant company (for the purposes of the public procurement rules). The Council has entered into a ten-year contract with the Trust for the delivery of children's social care services. Building on recent improvements, the Sandwell Children's Trust continues to put in place additional improvements in children's social care to reverse the fragility and weakness historically apparent in service delivery. The Trust is driving a sustainable model of delivery and improvement designed to bring good and outstanding services to the Borough - innovating where possible and using the freedoms of the Trust approach to develop a new and sharper focus to the difficult issues the community has faced. The Contracting Authority are approaching the end of their existing Long-Term Agreements with insurers for Material Damage, Contractor All Risks, Combined Liability, Fidelity Guarantee, Directors & Officers, Motor, School Journey, and Computer covers and in line with Public Procurement legislation, they are tendering their insurance portfolio in time for renewal on 1st October 2021. The contract period is for 3 years + option to extend a further 2 years. The tender is a further competition under the YPO Insurance Placement Dynamic Purchasing System (DPS) Ref No: 000978

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/1ea9d7d6-3880-4c35-b7b2-0a6142d1fd34 |
| Notice type | Award Notice |
| Procurement type | Dynamic, Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 26 Oct 2021 |
| Submission deadline | 21 Jun 2021 |
| Future notice date | Not specified |
| Award date | 20 Sep 2021 |
| Contract period | 30 Sep 2021 - 30 Sep 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,000,000 |
| Lots value | Not specified |
| Awards value | £3,381,000 |
| 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 | SANDWELL METROPOLITAN BOROUGH COUNCIL |
| Locality | OLDBURY |
| Post town | Birmingham |
| Postcode | B69 3DE |
| Country | England |
| ITL 1 | TLG West Midlands (England) |
| ITL 2 | TLG3 West Midlands |
| ITL 3 | TLG37 Sandwell |
| Local authority | Sandwell |
| Electoral ward | Oldbury |
| Westminster constituency | West Bromwich |
| Delivery location | TLG West Midlands (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ZURICH MUNICIPAL |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 26 Oct 2021 at 14:23 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/1ea9d7d6-3880-4c35-b7b2-0a6142d1fd34

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/1ea9d7d6-3880-4c35-b7b2-0a6142d1fd34
  26th October 2021 - 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-f0298050-fcbb-4ae3-899a-5c55c1394a34. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-f0298050-fcbb-4ae3-899a-5c55c1394a34.json.