Awarded contract

Further Competition under Insurance Placement DPS 978 for Derby Homes Ltd and their appointed Insurance Broker - Marsh

Details

Buyer
YPO
Value
£550,000
Duration
5 years
Topic
Financial and insurance services
Published
17 March 2022

Tender description

The Contracting Authority are approaching the end of their existing Long Term Agreements with insurers for Property Owners Combined (inc Terrorism) and Computers (inc Terrorism) and in line with Public Procurement legislation, they are tendering their insurance portfolio in time for renewal on 1st April 2022. This Insurance is being procured competitively and in accordance with the Public Contracts Regulations 2015, via the YPO Insurance Placement DPS Ref. No: 000978

Timeline

  1. Completed: Award published17 March 2022
    Current notice
  2. Completed: Award date1 April 2022
  3. Next: Contract expiry date31 March 2027in 6 months

About the buyer

YPO is a purchasing organisation owned and governed by a consortium of thirteen local authorities across Yorkshire and North West England. A joint committee of member councils oversees its work, meeting on a set timetable. Suppliers register through YPO's own tendering portal to compete for places on its framework agreements. Competitions span categories from ICT and energy to facilities, food and catering, and construction. Appointed suppliers then serve YPO's customer base of schools, councils and public bodies without further re-tendering. Surpluses return to member authorities and customers instead of outside shareholders, since YPO is self-funded.

UK local government drives £140bn in annual procurement, led by social protection (£66.6bn) and education (£57.1bn).

Over the past 5 years, most of YPO's contract awards have been in software and information systems, financial and insurance services and business services.

Relevant CPV codes

  • 66000000 · Financial and insurance services

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Decision makers

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