Official UK procurement notice
YPO - 001160 - Insurance brokerage and associated services II
Authority: YPO (Public body)·Consortium: 6 public authorities
What is being bought
Published requirement descriptionYPO are looking for Providers to be appointed onto a Framework Agreement for the supply of
insurance brokerage service provision and associated services for use across the whole
Public Sectors. This Framework is designed to meet the needs of YPO and Other Contracting
Authorities by establishing an agreement where the end Customer will place the order with
the Provider and the Provider delivered direct to the end Customer.
- Recurrence: There is a possibility that this Framework will be subject to renewal after 3.5 years from the commencement date
CPV: Financial and insurance services · Insurance brokerage and agency services
How this framework works
From the published notice- Bids received
- 8 bids received · 4 suppliers appointed
- Framework period
- 4 yrs from 5 Jul 2023
The lotProcurement structure
single lot · no lot value publishedLot #1This Framework is for the supply of Insurance Brokerage provision and Associated…AwardedRenewal
This Framework is for the supply of Insurance Brokerage provision and Associated Services to allow a Contracting Authority to appoint one chosen Insurance Broker as their representative on matters relating to insurance. This opportunity relates to the provision of insurance brokerage and associated services which includes but is not limited to:
- the provision of advice and recommendation on a range of insurance covers
- the design or assistance with the design of insurance programme;
- the procurement or assistance in the procurement of the required insurance covers and the
completion of the insurance placement; and
- the provision of consultancy on a wide range of associated services
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Published sub-criteria (3)
- Quality: 60%
- Cost: 30%
- Social Value/Sustainability: 10%
Published award criteria (3)
- Quality: 60%
- Social Value/Sustainability: 10%
- Cost: 30%
- Suitability
Organisations must ensure that they are not in breach of any of the mandatory or discretionary exclusions contained in Regulation 57 of the Public Contracts Regulations 2015. Please refer to the Tender Documentation/Online Tender located on our E-Procurement system. The web address can be found under ‘Procurement Documents’ in the ‘Communication’ section of this notice.
- Price carries 30 of 100 points: a 10% discount moves about 3 points. The method statement decides this lot, not the discount.
- “YPO - 001160 - Insurance brokerage and associated services II” is a framework: the contest is a place on its panel, not a single contract.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Open procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Framework agreement
- Who may use this agreement
- Not stated in the notice; call-off rights may be limited to the establishing authority
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
Yes · There is a possibility that this Framework will be subject to renewal after 3.5 years from the commencement date
- First published
- 6 Apr 2023, 10:46 BST
- Last source update
- 21 Jul 2023, 14:22 BST
- Award evaluation window
- 15 May 2023 – …
- Authority reference
001160- FTS notice number
2023/S 000-021130- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-03bd29Find a Tender
- Performance terms
Please refer to the Framework Agreement Terms and Conditions located in our E-Procurement system. The web address can be found under ‘Procurement Documents’ in the ‘Communication’ Section in this notice.
Publisher note: YPO are purchasing on the behalf of other contracting authorities. Please see the below link for details: https://www.ypo.co.uk/about/customers/permissible-users . YPO will incorporate a standstill period at the point of notification of the award of the contract is provided to all bidders. The standstill period will be for a minimum of 10 calendar days, and provides time for unsuccessful tenderers to challenge the award decision before the contract is entered into. The Public Contracts Regulations 2015 provide for aggrieved parties who have been harmed or are at risk of harm by a breach of the rules to take action in the High Court (England, Wales and Northern Ireland).
How it was run
Official notice- Appointment period ends
- 17 May 2023, 14:00 BST
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Bid validity
- 90 days from the deadline
- Bids opened
- 15 May 2023, 14:00 BST
Timeline
15 May 2023 → 21 Jul 2023 · 4 dates- Bids opened15 May 2023, 14:00 BST
- Admission / appointment period endsperiod end, not a bid countdown17 May 2023, 14:00 BST
- Contract starts5 Jul 2023, 00:00 BST
- Notice published21 Jul 2023, 14:22 BST
Notice history
2 events · 3 releases on Find a Tender · since 25 Apr 2023- Deadline moved to 17 May 2023, 14:00 BST25 Apr 2023, 16:10 BST+2 days · was 15 May 2023, 14:00 BST
- Status changed to complete21 Jul 2023, 14:22 BST
Published amendments (1 · 1 deadline change)
| When | What | Before | After | Shift |
|---|---|---|---|---|
| — | DeadlineTime limit for receipt of tenders or requests to participate · IV.2.2 | 15 May 2023 | 17 May 2023 | +2 d |
| — | Bid openingConditions for opening of tenders · IV.2.7 | 15 May 2023 | 17 May 2023 | +2 d |
Closing date and time extended from 15 May 2023 at 14.00pm to 17 May 2023 at 14.00pm.
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast1 suppliers are admitted to this framework without individual award values or dates, see the supplier list below.
Contracts
YPO - 001160 - Insurance brokerage and associated services II
- Signed
- 23 Jun 2023
- Value
- £8,000,000
- Period
- … – 4 Jul 2027
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 8bids | — | — | — |
Contracting authority & participating public bodies
3 public bodies on the noticeConsortium members and other public bodies
- ESPOContracting authority
- NEPOContracting authority
Dispute resolution & review bodies
- High Court of England and WalesReview body
Framework contractors & participating bidders
4 commercial parties on the notice- Aon UK LimitedFramework contractor
- Arthur J. Gallagher Insurance Brokers LimitedFramework contractor
- Marsh LimitedFramework contractor
- Willis LimitedFramework contractor
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria