Awarded contract

FC from the YPO 1198/NEPO EX105B Insurance Placement DPS for Property and Motor Insurance

Details

Value
£907,486.58
Topic
Financial and insurance services
Published
9 June 2026

Tender description

To provide insurance cover for the Councils property and motor portfolio. Property and Motor Vehicles insurance cover is needed to protect the Council against financial losses arising from operational risks, public liability, and unforeseen incidents.  A further competition was issued on the OPEN e-tendering platform using the YPO 1198/NEPO EX105B Insurance Placement DPS to the 5 suppliers on the DPS Lot 1: For one or more suppliers to provide insurance cover for the Councils Property and Motor portfolio. This is a services contract which was a further competition from the YPO 1198/NEPO EX105B Insurance Placement DPS. Bidders were able to bid for wither one or both portfolios. Four bids were received and the successful bidders were awarded.

Timeline

  1. Completed: Award date27 May 2026
  2. Completed: Award published9 June 2026
    Current notice

About the buyer

Stockton Borough Council is a local authority that advertises its tenders through the North East Procurement Organisation, or NEPO. Suppliers register free on NEPO's Open system, where the council advertises contracts and invites tenders. A contract register lists every contract the council has awarded or joined, including framework agreements. The register updates continuously as new contracts are agreed, rather than being published as a static list. Contracts above certain value thresholds require suppliers to register on the Central Digital Platform, introduced under new procurement legislation from February 2025.

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 Stockton Borough Council's contract awards have been in construction work, health and social work and software and information systems.

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Decision makers

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