Published date: 2 February 2024
Last edited date: 14 March 2024
Open opportunity - This means that the contract is currently active, and the buying department is looking for potential suppliers to fulfil the contract.
Contract summary
Industry
Financial and insurance services - 66000000
Accident and health insurance services - 66512000
Legal insurance and all-risk insurance services - 66513000
Freight insurance and Insurance services relating to transport - 66514000
Damage or loss insurance services - 66515000
Liability insurance services - 66516000
Credit and surety insurance services - 66517000
Insurance agency services - 66518200
Insurance claims adjustment services - 66518300
Engineering, auxiliary, average, loss, actuarial and salvage insurance services - 66519000
Location of contract
United Kingdom
Value of contract
£3,000,000,000
Procurement reference
YPO001-DN668064-19197296
Published date
2 February 2024
Closing date
30 April 2034
Closing time
11:59pm
Contract start date
1 May 2034
Contract end date
2 May 2034
Contract type
Service contract
Procedure type
Restricted procedure (above threshold)
A two-stage procedure, where the first stage is used to select suppliers, who are then invited to bid in the second stage.
This procedure can be used for procurements above the relevant contract value threshold.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
YPO in collaboration with ESPO and NEPO are looking for Providers to be appointed onto a Dynamic Purchasing System (DPS) for the provision of Insurance Placement and associated services for the wider public sector. The DPS is designed to meet the needs of all public sector organisations.
The DPS will cover the period from 1st of May 2024 to 30th of April 2029 with an option to further extend for an additional 5 years. The decision to extend the DPS Establishment Agreement period will be taken by the end of January 2029 and will be dependent on satisfactory completion of all aspects of the DPS Establishment Agreement to date, the current market conditions for this category and YPO's contracting structures. The maximum contract period will therefore be 10 years, from 1st of May 2024 to 30th of April 2034 (subject to an annual review, and KPI performance).
More information
Previous notice about this procurement
YPO - 1198 Insurance Placement DPS II
- Opportunity
- Published 2 February 2024
Links
-
- http://procontract.due-north.com
- Link to the tender documents
Additional text
-
The first deadline for submissions (21/03/2024 at 14:00 pm) is only applicable to the initial
establishment/first round of the DPS. Following the initial establishment, the DPS will
remain open for any Suppliers to submit a bid at any point until the closing date of the DPS
How to apply
Follow the instructions given in the description or the more information section.
About the buyer
Contact name
Contracts Team
Address
41 Industrial Park
Wakefield
WF2 0XE
United Kingdom
Telephone
+44 1924664685
Website
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Closing: 30 April 2034, 11:59pm
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