Tender

VIVID - Insurance and Related Services for VIVID Housing Limited

VIVID

This public procurement record has 1 release in its history.

Tender

23 Dec 2019 at 12:14

Tender Notice
Summary of the contracting process

The procurement process entails VIVID Housing Limited seeking bids for the contract titled "VIVID - Insurance and Related Services". This project falls under the industry category of insurance services and is located in the South East region of the United Kingdom. The procurement is in the Tender stage, with the tender period concluding on 21 January 2020. The initial contract is set to commence on 1 July 2020 and may extend for an additional two years, depending on VIVID's discretion. The procurement method being employed is a selective procedure through a negotiated process.

This tender presents significant opportunities for businesses, especially small and medium-sized enterprises (SMEs) that provide insurance and related services. Companies capable of delivering comprehensive insurance solutions and claims handling services would be well-suited to participate in this tender. Engaging in this process could allow businesses to establish a long-term relationship with VIVID Housing Limited, potentially leading to increased revenue and growth within the sector.

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Notice Information

Notice Title

VIVID - Insurance and Related Services for VIVID Housing Limited

Notice Description

The nature of the contract is for the provision of Insurance and related services and claims handling services as required by VIVID Housing Limited. The contract will initially run for three years (or periods of insurance) commencing at midnight on 1 July 2020 VIVID Housing Limited has the option to extend the contract at VIVID Housing Limited's sole discretion for a further period of up to two years, the anticipated maximum contract award value being equivalent to 3, 4, or 5 times our annual insurance programme cost. The actual maximum contract spend is considered commercially sensitive at this stage. Full details of the award criteria and weightings to be used in stage 2 of this process will be advised to selected bidders within the ITT documentation, but our choice of the Service Provider will be made based on the basis of the most economically advantageous Tender. For reasons of Confidentiality, full Tender information will be made available only to those Bidders that are selected to proceed to the ITT Stage. We have been careful to provide sufficient details of the scope, minimum requirements and award criteria within this SQ and the Contract Notice and via the Authority's eProcurement portal to enable the bidder to decide whether to participate in this process.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1b5e193c-cec0-4bae-a231-8aa28cfa10ce
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a2018a1e-8f86-4750-92ce-674a77c48a3d
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Negotiated procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
23 Dec 20196 years ago
Submission Deadline
21 Jan 2020Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Jun 2020 - 30 Jun 2025 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
VIVID
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
PORTSMOUTH
Postcode
PO2 8HB
Post Town
Portsmouth
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ31 Portsmouth
Delivery Location
TLJ South East (England)
Local Authority
Portsmouth
Electoral Ward
Nelson
Westminster Constituency
Portsmouth North

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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