Award

Property Owners Insurance for vacant Grade 1 Listed building

NHS PROPERTY SERVICES LIMITED

This public procurement record has 1 release in its history.

Award

25 Mar 2022 at 16:59

Award Notice
Summary of the contracting process

The procurement process involves NHS Property Services Limited, which is based in London, seeking Property Owners Insurance for a vacant Grade 1 Listed building. The procurement falls under the category of insurance services and has been processed using a direct procurement method through a single tender action, classified as below threshold. The tender period ended on 16 March 2022, with the contract period commencing from 18 March 2022 and concluding on 17 March 2023. The total value of the awarded contract is £113,388.82, and the award was officially announced on 25 March 2022.

This tender presents significant growth opportunities for businesses engaged in insurance services, particularly those with expertise in covering historical properties or specialised insurance for vacant buildings. Small and medium enterprises (SMEs) that are well-versed in the nuances of property insurance would be in a strong position to compete, potentially partnering with larger insurance brokers. Additionally, businesses should consider the dynamics of the public sector insurance market and align their offerings to meet the specific needs outlined by NHS Property Services Limited.

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Notice Information

Notice Title

Property Owners Insurance for vacant Grade 1 Listed building

Notice Description

Property Owners Insurance for vacant Grade 1 Listed building

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-be7d76fd-ad4d-4d7c-afd9-b77bfcc6bbcf
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/820fdd89-54dd-484a-96fd-18021140f592
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
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
£113,388 £100K-£500K
Lots Value
Not specified
Awards Value
£113,388 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Mar 20223 years ago
Submission Deadline
16 Mar 2022Expired
Future Notice Date
Not specified
Award Date
25 Mar 20223 years ago
Contract Period
18 Mar 2022 - 17 Mar 2023 6-12 months
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
NHS PROPERTY SERVICES LIMITED
Contact Name
NHS PS Procurement
Contact Email
nhspscontracts@property.nhs.uk
Contact Phone
07892 770927

Buyer Location

Locality
LONDON
Postcode
SE1 6LH
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
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Southwark
Electoral Ward
St George's
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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