Award

Insurance Services

HYDE HOUSING ASSOCIATION

This public procurement record has 1 release in its history.

Award

05 Sep 2019 at 13:30

Summary of the contracting process

Hyde Housing Association has completed a procurement process for Insurance Services valued at £100 million. The contract, which covers the provision of buildings insurance and associated services for their entire portfolio—including leasehold and commercial properties—was awarded on 28 January 2019. The contract duration is set for three years, starting from 1 April 2019, with an option for a one-year extension. The procurement method used was an open procedure, and the aim was to secure comprehensive insurance coverage across a variety of locations, including the UK and overseas territories.

This contract represents a significant opportunity for businesses in the insurance sector, especially those capable of providing extensive service offerings tailored to multifaceted property portfolios. Companies with expertise in buildings insurance, including risk assessment and claims management, would be well-positioned to compete for similar contracts in the public sector. Engaging with Hyde Housing Association may also lead to potential long-term partnerships, benefiting businesses looking to expand their footprint in the public procurement arena.

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Notice Title

Insurance Services

Notice Description

Hyde are seeking tenders for the provision of buildings insurance and associated services for the whole of Hyde's stock including the leasehold, shared ownership, tenanted, supported and sheltered and commercial portfolio to include cover for material damage to landlords contents, buildings fabric, structure and common parts to include use of alternative accommodation and property owners liability. The duration of the contract will be for 3 years with an option to extend for a further 12 months at Hyde's discretion.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9610e6ee-5647-41a7-ac19-ef3fa5d099e3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cce50fe9-1623-47c6-ab82-637062342dda
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
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

66510000 - Insurance services

Notice Value(s)

Tender Value
£100,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
£100,000,000 £100M-£1B
Contracts Value
Not specified

Notice Dates

Publication Date
5 Sep 20196 years ago
Submission Deadline
28 Jan 2019Expired
Future Notice Date
Not specified
Award Date
28 Jan 20197 years ago
Contract Period
31 Mar 2019 - 31 Mar 2023 4-5 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
HYDE HOUSING ASSOCIATION
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SE1 9EQ
Post Town
South East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
Not specified

Local Authority
Southwark
Electoral Ward
Borough & Bankside
Westminster Constituency
Bermondsey and Old Southwark

Supplier Information

Number of Suppliers
1
Supplier Name

ARTHUR J. GALLAGHER 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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