Award

Insurance and related Services for Aspire Group - AWARD

ASPIRE HOUSING

This public procurement record has 2 releases in its history.

AwardUpdate

03 Mar 2025 at 08:39

Award Notice
Award

25 Feb 2025 at 13:20

Award Notice
Summary of the contracting process

The procurement process for "Insurance and related Services for Aspire Group - AWARD" involves Aspire Housing as the buying organisation. This contract, classified under the Insurance services industry category (CPV 66510000), covers various regions including the United Kingdom, British Overseas Territories, Channel Islands, Europe, Isle of Man, and the Rest of the World. The procurement stage is complete as the contract has been awarded. The procurement process employed a competitive dialogue method. Key dates to note are the tender period ending on 20 September 2024, with the contract period starting on 31 January 2025 and ending on 31 January 2028. The contract value remains commercially sensitive, but it is essential for interested businesses to be aware of these timelines.

The awarded contract creates significant opportunities for businesses involved in insurance services and claims handling. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are particularly well-suited to compete for similar opportunities. The contract, set to run for three years with an option to extend for two additional years, offers substantial business growth potential owing to Aspire Housing's extensive insurance programme. Organisations capable of delivering comprehensive insurance services, along with effective claims handling, will find such contracts advantageous. Moreover, partnerships like those between Aspire Housing, Arthur J. Gallagher Insurance Brokers Ltd, and Zurich Insurance Company Ltd exemplify ideal collaborations in this sector.

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Notice Information

Notice Title

Insurance and related Services for Aspire Group - AWARD

Notice Description

The nature of the contract is for the provision of Insurance and related services and claims handling services as required by Aspire Group. The contract will initially run for three years (or periods of insurance) commencing at midnight on 31 January 2025. Aspire Group has the option to extend the contract at Aspire Group's sole discretion for a further period of up to two years, the anticipated maximum contract award value being equivalent to 3, 4, or 5 times our annual insurance programme cost. The actual maximum contract spend is considered commercially sensitive at this stage

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-88ae848a-44d9-4e8a-b4bb-6532c0ba562b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a06d15ac-e0e4-4743-8d01-fbfd189112c0
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive dialog
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
3 Mar 202511 months ago
Submission Deadline
20 Sep 2024Expired
Future Notice Date
Not specified
Award Date
20 Jan 20251 years ago
Contract Period
31 Jan 2025 - 31 Jan 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
ASPIRE 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
N-U-L
Postcode
ST5 0QW
Post Town
Stoke-on-Trent
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG2 Shropshire and Staffordshire
Small Region (ITL 3)
TLG24 Staffordshire CC
Delivery Location
Not specified
Local Authority
Newcastle-under-Lyme
Electoral Ward
May Bank
Westminster Constituency
Newcastle-under-Lyme

Supplier Information

Number of Suppliers
2
Supplier Names

ARTHUR J. GALLAGHER INSURANCE BROKERS

ZURICH INSURANCE COMPANY LTD TRADING AS 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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