Award

19-002 Home Contents Insurance Scheme for Council Tenants and Leaseholders

ROTHERHAM MBC

This public procurement record has 3 releases in its history.

Award

16 Sep 2020 at 14:55

Tender

09 Jul 2019 at 14:13

Tender

05 Jul 2019 at 16:34

Summary of the contracting process

Rotherham Metropolitan Borough Council is inviting tenders for the "19-002 Home Contents Insurance Scheme for Council Tenants and Leaseholders", focusing on providing a concession contract for home contents insurance services. Located in Rotherham, Yorkshire and the Humber, this procurement falls under the property insurance services category. The tender period ended on 31st July 2019, with the contract starting around 27th January 2020 and lasting for an initial period of just under three years, extendable up to three additional years depending on performance. The estimated contract value ranges between £300,000 and £1,000,000.

This tender offers significant opportunities for businesses in the insurance sector, particularly those specialising in property insurance. Companies that can provide competitive pricing and comprehensive coverage aligned with the needs of tenants are likely to succeed. Given the council's commitment to reducing financial exclusion and the potential for a large customer base (over 20,000 properties and 1,600 policyholders), this contract could be a lucrative opportunity for medium to large insurance providers seeking to expand their presence in local government contracts.

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Notice Title

19-002 Home Contents Insurance Scheme for Council Tenants and Leaseholders

Notice Description

The Council is seeking to secure a Concession Contract for Home Contents Insurance Services for its tenants . Rotherham Metropolitan Borough Council has provided a successful Home Contents Scheme, for many years, for the benefit of its tenants. This is a service that aims to provide them with a quality product that is competitively priced against what is available in the market both in terms of premium levels and the level of cover, including exclusions and excesses. It is important the scheme reflects the intended market and overall requirement to assist the Council in reducing financial exclusion. . The schemes administration is handled by in-house staff in accordance with the Administration Procedures as set out by the scheme insurers in line with FCA exemption. The Council currently utilise its own computer systems for monitoring and managing the insurance policies but we are not averse to using another's system if that creates efficiencies. . There are approximately 20,267 properties and 1,643 policy holders who have joined the existing tenant's insurance scheme. . The contract is for an initial period of just under 3 years commencing on or around 27/01/2020 with an option to extend for up to a further 3 years, subject to performance. . The Estimated Contract value range is between PS300,000 and PS1,000,000 depending on the total length of the contract, and the number of tenants joining the scheme during the contract term. . Please note the following important information: Deadline for receipt of tender clarifications in respect of the Terms and conditions 19/07/2019. Deadline for receipt of other tender clarifications 22/07/2019 12 Noon. Deadline for responses to tender clarifications 26/07/2019 Tender return date 31/10/2019, 12 Noon. The procurement documents are available for unrestricted and full direct access, free of charge, at: https://www.yortender.co.uk Please refer to YorTender reference DN414365. Our tender reference 19-002 refers. . Additional information can be obtained from the above mentioned address. . All correspondence in relation to this tender will be carried out through YORtender. . Technical Issues - If you experience technical issues surrounding the use of the YORtender system you should log a call with the system provider (ensuring you leave a contact phone number) at http://proactis.kayako.com/procontractv3/Cor/Default/Index. Alternative you can contact the helpdesk at; email: ProContractSuppliers@proactis.com; phone: 0330 005 0352. (Important note: the phone option must only be used in critical / time sensitive situat

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5d1da3ee-466d-4b8a-97ac-c64d6c0954f3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/335ebba2-3724-45c8-a650-1b0aa50d063a
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66515200 - Property insurance services

Notice Value(s)

Tender Value
£600,000 £500K-£1M
Lots Value
Not specified
Awards Value
£480,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Sep 20205 years ago
Submission Deadline
30 Jul 2019Expired
Future Notice Date
Not specified
Award Date
19 Aug 20205 years ago
Contract Period
4 Oct 2020 - 1 Oct 2023 2-3 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
ROTHERHAM MBC
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
ROTHERHAM
Postcode
S60 1AE
Post Town
Sheffield
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE34 Rotherham
Delivery Location
TLE Yorkshire and The Humber

Local Authority
Rotherham
Electoral Ward
Boston Castle
Westminster Constituency
Rotherham

Supplier Information

Number of Suppliers
1
Supplier Name

AON

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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