---
title: "Further Competition under Insurance Placement DPS 978 for Bracknell Forest Council and their appointed Insurance Broker - Marsh"
ocid: "ocds-h6vhtk-031d9f"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-031d9f"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-031d9f.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-031d9f.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "BRACKNELL FOREST COUNCIL"
published: "2022-03-03"
---

# Further Competition under Insurance Placement DPS 978 for Bracknell Forest Council and their appointed Insurance Broker - Marsh

Buyer: BRACKNELL FOREST COUNCIL  
Current stage: Award  
OCID: ocds-h6vhtk-031d9f

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-031d9f)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-031d9f.json)

## Summary

The Bracknell Forest Council has recently completed a tender process for insurance services with the title "Further Competition under Insurance Placement DPS 978". This procurement falls under the category of services and is specifically focused on procuring insurance cover for the Council's Leasehold and Homebuy Property portfolio. The contract was established through a selective procurement method, specifically a restricted procedure. The successful bid, awarded to Avid Insurance Services Ltd., is active and was formally signed on 4th February 2022 with a contract value of £58,100. This contract covers a period of seven years, commencing on 1st April 2022, which includes options for extensions over three additional years.

This tender presents a lucrative opportunity for businesses in the insurance sector, particularly those that specialise in providing coverage for property portfolios. Companies seeking to grow their business should consider participating in similar tenders, especially those with expertise in municipal or governmental insurance services. The competitive nature of this procurement process highlights the importance of quality and price in winning contracts, making it beneficial for both large firms and small to medium-sized enterprises (SMEs) to engage in such opportunities to expand their market presence in the public sector.

## Notice

The Contracting Authority is running a further competition to procure insurance cover for its Leasehold and Homebuy Property portfolio via the YPO's Insurance Placement DPS, ref no 000978

### Lot Information

Lot 1

Further Competition under Insurance Placement DPS 978 for Bracknell Forest Council and their appointed Insurance Broker - Marsh

Options: The contract will cover a period of seven years from 1 April 2022 covering an initial period of three years plus two optional extensions each of two years (i.e. 3 + 2 + 2).

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/005894-2022 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 3 Mar 2022 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 4 Feb 2022 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £58,100 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | BRACKNELL FOREST COUNCIL |
| Locality | BRACKNELL |
| Post town | Reading |
| Postcode | RG12 1JD |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ1 Berkshire, Buckinghamshire and Oxfordshire |
| ITL 3 | TLJ15 Berkshire East |
| Local authority | Bracknell Forest |
| Electoral ward | Town Centre & The Parks |
| Westminster constituency | Bracknell |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | AVID INSURANCE SERVICES |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 3 Mar 2022 at 15:09 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/005894-2022

## Notice URLs

- https://ted.europa.eu/udl?uri=TED:NOTICE:259145-2019:TEXT:EN:HTML
- https://www.bracknell-forest.gov.uk/

## 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-031d9f. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-031d9f.json.