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Provision of Insurance and related services to Believe Housing Limited

Believe Housing Limited

This public procurement record has 1 release in its history.

Award

08 May 2025 at 13:20

Award Notice
Summary of the contracting process

The procurement process concerning the provision of general insurance and related services to Believe Housing Limited has been completed. The contracting authority, Believe Housing Limited, located in Seaham, UK, engaged in a negotiated procedure to secure services under the insurance services category. The procurement stage is at the award, with the contract having commenced on 1st April 2025 and ending on 31st March 2028. The tender value was set at £3,600,000, with a contract awarded for £3,300,000, covering multiple regions including the UK and international locations. This selective procurement attracted several large-scale suppliers, exemplifying a comprehensive approach to the delivery of insurance services.

This tender provides significant opportunities for large-scale insurance service providers to expand their client base within the niche market of non-life insurance services. With a focus on small and medium-sized enterprises (SMEs), the procurement enables these businesses to demonstrate their capacity for handling large contracts, thereby allowing for potential growth through the establishment of long-term partnerships. Companies like Zurich Municipal, Ashdale Engineering UK Ltd, Arthur J. Gallagher Insurance Brokers Ltd, and Jensten Insurance Brokers (London and SE) Ltd, all capable of competing at a large scale, have successfully engaged in this contract, exemplifying the competitive landscape suitable for similar businesses seeking expansion in the insurance sector.

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Notice Information

Notice Title

Provision of Insurance and related services to Believe Housing Limited

Notice Description

Provision of General (non-life) Insurance and related services to Believe Housing Limited

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5dff2aee-6e79-4f45-ae33-10eb300643d8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b8b538b2-8f0a-4c5e-a23f-b399b189c294
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
£3,600,000 £1M-£10M
Lots Value
Not specified
Awards Value
£3,300,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
8 May 20251 years ago
Submission Deadline
31 Mar 2025Expired
Future Notice Date
Not specified
Award Date
31 Mar 20251 years ago
Contract Period
1 Apr 2025 - 31 Mar 2028 3-4 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
Believe Housing 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
SEAHAM
Postcode
SR7 7TT
Postcode Area
Sunderland
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC41 Durham
Delivery Location
Not specified
Local Authority
County Durham
Electoral Ward
Dalton & Dawdon
Westminster Constituency
Easington

Supplier Information

Number of Suppliers
4
Supplier Names

Arthur J. Gallagher Insurance Brokers Ltd

Ashdale Engineering UK Ltd

Jensten Insurance Brokers (London and SE) Ltd

Zurich Municipal

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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