YPO - 001051 Insurance Placement DPS For Housing sector
The contract covers appointment to a Dynamic Purchasing System for insurance placement and related services for the housing sector. The buyer is YPO, a public sector procurement organisation, and the DPS is designed to serve Registered Providers of Social Housing across the United Kingdom. Suppliers are expected to provide insurance cover and associated services, with performance managed through annual reviews, price negotiations and KPI assessment over the life of the arrangement. The estimated contract value is £500,000,000 and the maximum term runs from 5 July 2021 to 23 February 2029, subject to extension options and ongoing review. The single most critical qualification requirement is that bidders must be able to meet the needs of Registered Providers of Social Housing through the DPS for this specialist insurance service.
Buyer: YPO. Source: Contracts Finder. Updated 17 May 2021.
Key facts
- Estimated value: £500m
- Bids close: 23 Feb 2029
- Location: United Kingdom
- Procedure: Restricted procedure
- Contract period: 24 Feb 2029 to 25 Feb 2029
- Category: Financial and insurance services (66000000)
From the official notice
YPO are looking for Suppliers to be appointed onto a Dynamic Purchasing System (DPS) for the provision of insurance and any related services. The DPS is designed to meet the needs of Registered Providers of Social Housing. The DPS will cover the period from 5th July 2021 to 4th July 2024 with options to extend until 23 February 2029 subject to satisfactory completion of all aspects of the contract to date, the market conditions for this category and YPO's contracting structures. The maximum contract period will therefore be from 5th July 2021 to 23 February 2029 (subject to an annual review, incorporating price negotiations and KPI performance). Please note that the deadline for initial establishment/first round of the DPS is 16/06/2021 at 14:00. 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.
View the official notice
Questions about this tender
When is the deadline?
Bids close on 23 Feb 2029.
What is it worth?
The estimated value is £500m.
Who can apply?
The buyer has marked it as suitable for small and medium-sized businesses.
How do I bid?
Open the official notice, register on the buyer's portal and submit your bid before the deadline.
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