Award

Insurance and Related Services

KNOWSLEY HOUSING TRUST

This public procurement record has 2 releases in its history.

Award

16 Sep 2019 at 09:48

Award Notice
Tender

05 May 2019 at 19:40

Tender Notice
Summary of the contracting process

Knowsley Housing Trust (KHT) is seeking bids for a contract titled "Insurance and Related Services," aimed at providing essential insurance services for the First Ark Group. This procurement, classified under the CPV code 66510000, is currently in the award stage, having been published on 5th May 2019. The tender period concluded on 4th June 2019, while the contract is set to commence on 1st December 2019 and could extend to 30th November 2026. The total contract value is anticipated to be around £5.6 million, with a minimum threshold of £3.5 million. The services will be delivered in the North West region of England, and the procurement method employed was a selective negotiated procedure.

This tender presents substantial opportunities for businesses in the insurance sector, particularly those capable of servicing large contracts and understanding the specific requirements of the social housing landscape. Small and medium-sized enterprises (SMEs) are encouraged to participate, as the procurement process is suitable for them. Businesses specialising in insurance provision and related services will find this bidding opportunity particularly relevant, especially those with a proven track record of similar engagements in the public sector.

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Notice Information

Notice Title

Insurance and Related Services

Notice Description

The First Ark Group consists of seven companies that work together with the over-riding purpose of making a real positive difference to our communities and to people's lives. Knowsley Housing Trust (KHT) is seeking bids to provide insurance and related services. This procurement exercise is being led by KHT for itself and on behalf of the other members of the First Ark Group and references in this document to KHT/First Ark/the Group should be construed accordingly. Please see the tender documents for further information on the required services.The contract will initially run for three years (or periods of insurance). KHT has the option to extend the contract, at KHT's sole discretion, for a further period of up to two years, twice. The anticipated maximum contract award value being equivalent to 3, 5, or 7 times our annual insurance programme cost.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ccaf6302-73e6-4451-919e-e71d06a5f76f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6d8dbf28-2119-48b4-8b5d-100a750b456a
Current Stage
Award
All Stages
Tender, 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
£5,600,000 £1M-£10M
Lots Value
Not specified
Awards Value
£4,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
16 Sep 20196 years ago
Submission Deadline
4 Jun 2019Expired
Future Notice Date
Not specified
Award Date
9 Sep 20196 years ago
Contract Period
1 Dec 2019 - 30 Nov 2026 Over 5 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
KNOWSLEY HOUSING TRUST
Contact Name
Not specified
Contact Email
tenders@cirruspurchasing.co.uk
Contact Phone
Not specified

Buyer Location

Locality
KNOWSLEY
Postcode
L34 1PJ
Post Town
Liverpool
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD71 East Merseyside
Delivery Location
TLD North West (England)
Local Authority
Knowsley
Electoral Ward
St Michaels
Westminster Constituency
Knowsley

Supplier Information

Number of Suppliers
1
Supplier Name

ZURICH INSURANCE PLC (UK BRANCH) TRADING AS ZURICH MUNICIPAL

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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