Award

Introduction The current Long Term Agreement expires on 30th April 2022. The Contracting Authority invites bids for the provision of insurance services in relation to leasehold/shared ownership properties. The dwellings are leasehold/shared ownership where the Contracting Authority still retain the freehold ownership and in some case the leases may state that the Contracting Authority, as the Freeholder, will arrange the buildings insurance on behalf of the Leaseholder/sharing owner and recharge the premium as part of the Service Charge. Other flats in some blocks have not been sold (Housing Association tenanted) and are separately insured so insurance cover for these fla

REGENDA LIMITED

This public procurement record has 2 releases in its history.

Award

27 Apr 2022 at 15:35

Tender

28 Feb 2022 at 16:29

Summary of the contracting process

The procurement process involves Regenda Limited, located in Liverpool, which is inviting bids for the provision of property insurance services related to leasehold and shared ownership properties. The tender period concluded on 15th March 2022, following a publication date of 28th February 2022. This contract, valued at £211,000, will commence on 1st May 2022 and run until 28th July 2023. The procurement method is classified as selective and will utilise a call-off from a dynamic purchasing system as per the Crown Commercial Service framework.

This tender presents a significant opportunity for businesses in the insurance sector, particularly those specialising in property insurance services. Companies with experience in managing insurance for leasehold and shared ownership properties would find this tender particularly suitable. The contract allows for growth by enabling service providers to establish a recurring relationship with a local authority, thereby expanding their client base and enhancing their market presence in the United Kingdom.

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Notice Title

Introduction The current Long Term Agreement expires on 30th April 2022. The Contracting Authority invites bids for the provision of insurance services in relation to leasehold/shared ownership properties. The dwellings are leasehold/shared ownership where the Contracting Authority still retain the freehold ownership and in some case the leases may state that the Contracting Authority, as the Freeholder, will arrange the buildings insurance on behalf of the Leaseholder/sharing owner and recharge the premium as part of the Service Charge. Other flats in some blocks have not been sold (Housing Association tenanted) and are separately insured so insurance cover for these fla

Notice Description

Invitation to Tender for Property Insurance Quotations in respect of Leasehold and Shared Ownership Properties excluding Broker Services, restricted to providers awarded on Crown Commercial Service DPS - RM6138. Please refer to documentation attached for details.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-39825d78-a4e0-4550-bfed-31fd3e9e4412
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3172da4c-d2ab-4640-a9a1-eb35037e4444
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

66500000 - Insurance and pension services

66510000 - Insurance services

66515200 - Property insurance services

Notice Value(s)

Tender Value
£211,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
27 Apr 20223 years ago
Submission Deadline
15 Mar 2022Expired
Future Notice Date
Not specified
Award Date
26 Apr 20223 years ago
Contract Period
30 Apr 2022 - 28 Jul 2023 1-2 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

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

Buyer Location

Locality
LIVERPOOL
Postcode
L1 5AY
Post Town
Liverpool
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
Not specified

Local Authority
Liverpool
Electoral Ward
City Centre South
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
1
Supplier Name

AVID INSURANCE SERVICES

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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