Award

Specialist Insurance Policy (Terrorism Cover)

THIRTEEN HOUSING GROUP LIMITED

This public procurement record has 1 release in its history.

Award

06 Feb 2025 at 09:36

Summary of the contracting process

Thirteen Housing Group Limited, based in Middlesbrough, England, has completed the award stage for the tender titled "Specialist Insurance Policy (Terrorism Cover)" within the insurance services industry category. The procurement process, identified as "THIR 24 107," utilised a direct award method due to the proprietary nature of the product. The contract, valued at £75,040, commenced on 1st October 2024 and will conclude on 30th September 2025. The services will be delivered in the North East region of the United Kingdom, focusing on procuring specialist terrorism cover. Key dates include the tender end date on 30th September 2024 and the award date of 6th February 2025.

This tender offers significant opportunities for businesses offering specialised insurance services, particularly those focusing on terrorist risk cover. SMEs are encouraged to compete, as the procurement process is suitable for them, although it is not tailored for voluntary, community, and social enterprises (VCSEs). Advisory Insurance Brokers Limited, a large-scale supplier, has been awarded this contract, showcasing the importance of niche expertise and targeted services in securing such procurement opportunities. The direct award approach highlights the need for businesses to establish clear market distinction and proprietary product offerings to enhance their competitiveness in similar tendering processes.

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Notice Title

Specialist Insurance Policy (Terrorism Cover)

Notice Description

Specialist Insurance Policy (Terrorism Cover)

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3db05990-6614-43f2-b4f6-b8a53d39efc5
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/126e1142-4682-4733-baec-8009a10089d1
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Direct Award - Proprietary Product
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
£75,040 Under £100K
Lots Value
Not specified
Awards Value
£75,040 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
6 Feb 20251 years ago
Submission Deadline
30 Sep 2024Expired
Future Notice Date
Not specified
Award Date
29 Sep 20241 years ago
Contract Period
30 Sep 2024 - 30 Sep 2025 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
THIRTEEN HOUSING GROUP LIMITED
Contact Name
Joanne Boyd
Contact Email
procurement@thirteengroup.co.uk
Contact Phone
07920786582

Buyer Location

Locality
MIDDLESBROUGH
Postcode
TS2 1QG
Post Town
Cleveland
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC3 Tees Valley
Small Region (ITL 3)
TLC32 South Teesside
Delivery Location
TLC North East (England)

Local Authority
Middlesbrough
Electoral Ward
Central
Westminster Constituency
Middlesbrough and Thornaby East

Supplier Information

Number of Suppliers
1
Supplier Name

ADVISORY INSURANCE BROKERS

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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