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Provision of Insurance and Related Services to Teign Housing

Teign Housing

This public procurement record has 1 release in its history.

Award

28 Aug 2025 at 11:00

Award Notice
Summary of the contracting process

The recent award of the contract for insurance and related services to Teign Housing marks the completion of the procurement process in the industry category of insurance services. Located in Newton Abbot, UK, Teign Housing serves as the buying organisation for this selective, negotiated procurement procedure. The contract was awarded to Marsh Limited and Advisory Insurance Brokers Limited with a total value of £588,649.71, spanning from 29th August 2025 to 30th April 2028. Operating in diverse locations across the British Overseas Territories, Channel Islands, Europe, the Isle of Man, and the United Kingdom, this tender had reached the award stage, with key dates including the tender period ending on 4th August 2025 and the contract award on the same day.

This procurement offers expansive business growth opportunities, especially for small and medium-sized enterprises (SMEs), even though it necessitated a selective approach. Companies in the insurance sector, particularly those specialising in property and liability coverage, stand to benefit from engaging in similar tenders, as evidenced by the active roles of large-scale suppliers like Marsh Limited and Advisory Insurance Brokers Limited. By participating in such contracts, businesses can potentially broaden their network and gain footholds in international markets, given the broad geographical scope specified in the tender's delivery addresses.

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Notice Information

Notice Title

Provision of Insurance and Related Services to Teign Housing

Notice Description

Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Teign Housing

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-281f2fa7-b4ac-42b6-9ea0-2de3ec1446fa
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c84b7e4b-ebe6-45c5-9f6a-34d8ecf4fbff
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Negotiated procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£588,649 £500K-£1M
Lots Value
Not specified
Awards Value
£588,649 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
28 Aug 202512 months ago
Submission Deadline
4 Aug 2025Expired
Future Notice Date
Not specified
Award Date
4 Aug 20251 years ago
Contract Period
29 Aug 2025 - 30 Apr 2028 2-3 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

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

Buyer Location

Locality
NEWTON ABBOT
Postcode
TQ12 4PH
Postcode Area
Torquay
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK4 Devon
Small Region (ITL 3)
TLK43 Devon CC
Delivery Location
Not specified
Local Authority
Teignbridge
Electoral Ward
Buckland & Milber
Westminster Constituency
Newton Abbot

Supplier Information

Number of Suppliers
2
Supplier Names

Advisory Insurance Brokers Limited

Marsh Limited

Further Information

Notice Documents

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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