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Provision of Insurance and related services to Midland Heart

Midland Heart Limited

This public procurement record has 2 releases in its history.

TenderAmendment

12 Sep 2022 at 13:15

Tender Notice
Tender

16 Aug 2022 at 17:20

Tender Notice
Summary of the contracting process

The buying organisation, Midland Heart, has issued a tender for the provision of insurance and related services. The contract falls under the services category with a value of £5,500,000 in GBP. The procurement method is a selective, negotiated procedure with a tender period ending on September 15, 2022. The contract period is set to start on April 1, 2023, and end on March 31, 2026, providing opportunities for businesses to deliver their services. The tender is suitable for small and medium enterprises.

This procurement opportunity by Midland Heart offers a chance for businesses in the insurance services sector to compete for a significant contract. Companies specialising in property, legal liability, and general insurable risks would be well-suited to participate in this tender. The negotiation procedure allows for tailored solutions and pricing, making it an attractive opportunity for eligible businesses looking to engage with a long-term agreement in the insurance services sector.

How relevant is this notice?

Notice Information

Notice Title

Provision of Insurance and related services to Midland Heart

Notice Description

Text to be corrected in the original notice: Place of text to be modified: II.2.7) Duration of the contract, framework agreement or dynamic purchasing system, Description of Renewals: Instead of: Midland Heart will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Read: Midland Heart will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by a total of 2 further years (or 2 periods of insurance) with consideration being given following the Fourth year. (3+1+1) subject to satisfactory service, performance and cost. Place of text to be modified: II.2.11) Information about options, Description of options: Instead of: Midland Heart will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Read: Midland Heart will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by a total of 2 further years (or 2 periods of insurance) with consideration being given following the Fourth year. (3+1+1) subject to satisfactory service, performance and cost. Place of text to be modified: II.2.7) Duration of the contract, framework agreement or dynamic purchasing system: Description of renewals: Instead of: Midland Heart will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Read: Midland Heart will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by a total of 2 further years (or 2 periods of insurance) with consideration being given following the Fourth year. (3+1+1) subject to satisfactory service, performance and cost Place of text to be modified: II.2.11) Information about options, Description of options: Instead of: Midland Heart will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and c

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a6301aa8-9499-437a-a85d-aac04ee3897f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4d2ce1cd-79db-4d06-80e0-91daa59c805c
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Dynamic, Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Negotiated procedure
Tender Suitability
SME
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
£5,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
12 Sep 20223 years ago
Submission Deadline
15 Sep 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Apr 2023 - 31 Mar 2026 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Midland Heart 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
BIRMINGHAM
Postcode
B15 1LZ
Postcode Area
Birmingham
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
Not specified
Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

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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