--- title: "Further Competition under Insurance Placement DPS 978 for Bedford Borough Council and their appointed Insurance Broker - A.J. Gallagher" ocid: "ocds-h6vhtk-02a6f7" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02a6f7" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-02a6f7.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-02a6f7.json" source: "Find A Tender Service" current_stage: "Award" buyer: "BEDFORD BOROUGH COUNCIL" published: "2021-04-16" --- # Further Competition under Insurance Placement DPS 978 for Bedford Borough Council and their appointed Insurance Broker - A.J. Gallagher Buyer: BEDFORD BOROUGH COUNCIL Current stage: Award OCID: ocds-h6vhtk-02a6f7 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02a6f7) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-02a6f7.json) ## Summary The procurement process titled "Further Competition under Insurance Placement DPS 978" is conducted by Bedford Borough Council, located in Bedford, UK. This tender is categorised under the insurance services industry and is part of a selective procurement method as per the Public Contracts Regulations 2015. The procurement stage was in the award phase, with contracts being signed on 18 March 2021, and expected to commence on 1 April 2021. The contracts carry an initial duration of three years, with the potential for two additional one-year extensions. This tender presents substantial opportunities for growth primarily for businesses in the insurance sector, particularly those skilled in providing insurance services for properties, commercial and industrial needs, and diverse insurance coverage areas including motor fleet and fidelity guarantees. Companies capable of delivering high-quality service at competitive prices will be well-positioned to compete, as the evaluation criteria prioritise quality (ranging from 30% to 40% depending on the lot) alongside pricing (60%). Additionally, large-scale suppliers, similar to those already awarded contracts—such as Zurich Municipal and Risk Management Partners—may face competition from smaller, agile firms looking to expand within the public procurement arena. ## Notice The procurement process will be conducted in accordance with the requirements of the Public Contracts Regulations 2015. Specifically, the Contracting Authority will be using YPO Insurance Placement DPS Framework Agreement. ### Lot Information Property Further Competition under Insurance Placement DPS 978 for Bedford Borough Council and their appointed Insurance Broker - A.J. Gallagher Options: The Contracting Authority proposes to enter into one or more Contract(s) for an initial period of 3 years (with the option to extend for two further periods of one year) with the successful Tenderer(s) (Supplier).Contracts will start on 1 April 2021. Commercial & Industrial Further Competition under Insurance Placement DPS 978 for Bedford Borough Council and their appointed Insurance Broker - A.J. Gallagher Options: The Contracting Authority proposes to enter into one or more Contract(s) for an initial period of 3 years (with the option to extend for two further periods of one year) with the successful Tenderer(s) (Supplier).Contracts will start on 1 April 2021. Leasehold/right to buy Further Competition under Insurance Placement DPS 978 for Bedford Borough Council and their appointed Insurance Broker - A.J. Gallagher Options: The Contracting Authority proposes to enter into one or more Contract(s) for an initial period of 3 years (with the option to extend for two further periods of one year) with the successful Tenderer(s) (Supplier).Contracts will start on 1 April 2021. Fidelity Guarantee Further Competition under Insurance Placement DPS 978 for Bedford Borough Council and their appointed Insurance Broker - A.J. Gallagher Options: The Contracting Authority proposes to enter into one or more Contract(s) for an initial period of 3 years (with the option to extend for two further periods of one year) with the successful Tenderer(s) (Supplier).Contracts will start on 1 April 2021. Combined liability and claims handling Further Competition under Insurance Placement DPS 978 for Bedford Borough Council and their appointed Insurance Broker - A.J. Gallagher Options: The Contracting Authority proposes to enter into one or more Contract(s) for an initial period of 3 years (with the option to extend for two further periods of one year) with the successful Tenderer(s) (Supplier).Contracts will start on 1 April 2021. Motor Fleet Further Competition under Insurance Placement DPS 978 for Bedford Borough Council and their appointed Insurance Broker - A.J. Gallagher Options: The Contracting Authority proposes to enter into one or more Contract(s) for an initial period of 3 years (with the option to extend for two further periods of one year) with the successful Tenderer(s) (Supplier).Contracts will start on 1 April 2021. Group personal accident and travel Further Competition under Insurance Placement DPS 978 for Bedford Borough Council and their appointed Insurance Broker - A.J. Gallagher Options: The Contracting Authority proposes to enter into one or more Contract(s) for an initial period of 3 years (with the option to extend for two further periods of one year) with the successful Tenderer(s) (Supplier).Contracts will start on 1 April 2021. Engineering Further Competition under Insurance Placement DPS 978 for Bedford Borough Council and their appointed Insurance Broker - A.J. Gallagher Options: The Contracting Authority proposes to enter into one or more Contract(s) for an initial period of 3 years (with the option to extend for two further periods of one year) with the successful Tenderer(s) (Supplier).Contracts will start on 1 April 2021. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/008070-2021 | | Notice type | Award Notice | | Procurement type | Framework | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Restricted procedure | | Tender suitability | Not specified | | Awardee scale | Large | | All stages | Award | ## Dates | Field | Value | | --- | --- | | Publication date | 16 Apr 2021 | | Submission deadline | Not specified | | Future notice date | Not specified | | Award date | 18 Mar 2021 | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | £3,177,000 | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Cancelled | | Awards status | Active | | Contracts status | Active | ## Buyer | Field | Value | | --- | --- | | Main buyer | BEDFORD BOROUGH COUNCIL | | Locality | BEDFORD | | Post town | Milton Keynes | | Postcode | MK42 9AP | | Country | England | | ITL 1 | TLH East (England) | | ITL 2 | TLH2 Bedfordshire and Hertfordshire | | ITL 3 | TLH24 Bedford | | Local authority | Bedford | | Electoral ward | Cauldwell | | Westminster constituency | Bedford | | Delivery location | Not specified | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 3 | | Supplier names | RISK MANAGEMENT PARTNERS; TRAVELERS INSURANCE; ZURICH MUNICIPAL | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66000000 - Financial and insurance services - 66510000 - Insurance services ## Release History - 16 Apr 2021 at 12:43 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/008070-2021 ## Notice URLs - http://www.bedford.gov.uk - https://ted.europa.eu/udl?uri=TED:NOTICE:259145-2019:TEXT:EN:HTML ## 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-h6vhtk-02a6f7. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-02a6f7.json.