This public procurement record has 1 release in its history.

Award

21 Aug 2025 at 10:50

Summary of the contracting process

BIP SOLUTIONS LIMITED has completed a procurement process for the provision of insurance and related services for the Housing Solutions Group. This tender falls under the insurance services industry category and covers a wide range of locations, including the United Kingdom and various international territories. The procurement followed a competitive procedure with negotiation, a selective method suited for above-threshold contracts. The contract was awarded to Marsh Limited and Jensten Insurance Brokers, with a total value of £3,900,000 GBP. The contract period is from 1st April 2025 to 31st March 2028, with the award notice published on 21st August 2025, marking the award stage of this procurement process.

This procurement presents a significant opportunity for businesses specialising in comprehensive insurance solutions, particularly those with experience in international coverage. The process was selective, requiring businesses to demonstrate a robust capability to negotiate and meet above-threshold criteria, making it an attractive prospect for large-scale insurance firms. Companies looking to grow their business within extensive geographical regions and providing tailored insurance services would find this opportunity well-suited, particularly if they are looking to enhance their presence in both the UK and international markets. SMEs were considered suitable for participation, although this contract was eventually awarded to large-scale suppliers, indicating the competitive nature of the tender.

How relevant is this notice?

Notice Title

Provision of Insurance and related services to Housing Solutions Group

Notice Description

Provision of Insurance and related services to Housing Solutions Group

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e18a404d-2581-4c99-b2d2-8878c6e93d86
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/62f38bb7-9d26-4d03-9890-e1e973f7b0f3
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 procedure with negotiation (above 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
£4,800,000 £1M-£10M
Lots Value
Not specified
Awards Value
£3,900,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
21 Aug 20251 years ago
Submission Deadline
31 Mar 2025Expired
Future Notice Date
Not specified
Award Date
31 Mar 20251 years ago
Contract Period
1 Apr 2025 - 31 Mar 2028 3-4 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
BIP SOLUTIONS 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
MAIDENHEAD
Postcode
SL6 8BY
Postcode Area
Slough
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ15 Berkshire East
Delivery Location
Not specified

Local Authority
Windsor and Maidenhead
Electoral Ward
St Mary's
Westminster Constituency
Maidenhead

Supplier Information

Number of Suppliers
2
Supplier Names

Jensten Insurance Brokers (London and SE) Ltd

Marsh Limited

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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