Award

21050: Norwich City Council Leasehold Housing Property Material Damage Insurance

CAMBRIDGESHIRE COUNTY COUNCIL INSURANCE ON BEHALF OF NORWICH CITY COUNCIL

This public procurement record has 2 releases in its history.

Award

31 Mar 2022 at 08:17

Award Notice
Tender

30 Nov 2021 at 10:54

Tender Notice
Summary of the contracting process

The procurement process is initiated by the Cambridgeshire County Council Insurance on behalf of Norwich City Council, seeking tenders for the "21050: Norwich City Council Leasehold Housing Property Material Damage Insurance." This tender falls under the property insurance services industry and is located in England. The procurement stage is currently in the Award phase, having been published on 30th November 2021. The estimated total contract value ranges from £1,000,000 to £1,500,000. The procurement method is an open procedure, with the tender period concluding on 14th January 2022. The contract is set to commence on 1st April 2022 and run through until 31st March 2025.

This tender presents a significant opportunity for businesses specialising in property insurance services, particularly those that are SMEs. Companies that can demonstrate a proven track record in material damage insurance, especially in managing risks associated with leasehold housing, will find this tender particularly attractive. With approximately 3,230 properties involved, there is a considerable market potential for insurers to provide tailored solutions in this specific sector, enhancing their business reach and contributing to growth within the public procurement space.

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Notice Information

Notice Title

21050: Norwich City Council Leasehold Housing Property Material Damage Insurance

Notice Description

Norwich City Council (The "Authority") wishes to invite tenders for the supply of services works in respect of Norwich City Council Leasehold Housing Material Damage Insurance as detailed within the tender documentation. The estimated total value of the contracts of the life of the agreements is estimated to be between PS1,000,000 and PS1,500,000. This contract value estimation is provided for guidance only and the final values will be determined by the market and bids received. Arthur J. Gallagher Insurance Brokers has been selected to assist the Insurance Service in the tender following a break of the existing Long Term Agreement which has triggered this tender process, Please note that this does not stop other entities of Arthur J. Gallagher Ltd bidding for the contract detailed in this notice. orwich City Council has a large-retained housing portfolio comprising approximately 17,700 units spread around the administrative boundary of Norwich City. There are 3,230 properties that have been purchased on a leasehold arrangement by residents under the right to buy legislation conferred within the Housing Act. These comprise mostly flats. A full schedule of properties is provided within this tender document. The properties are currently insured under the Council's insurance programme with cover being provided by the current provider who are leaving the market, hence the reason for this tender process. This tender is separate from the Council's main programme and set to stand alone and completely separate from the remainder of the Council's insurance arrangements. This tender is separate from the Council's main programme and set to stand alone and completely separate from the remainder of the Council's insurance arrangements. Additional information: Please note that any questions relating to the tender process should sent via the Proactis Procurement Portal for this project (DN573020) and the messaging system provided within that e-tendering facility: The ProContract is located at https://procontract@due-north.com/Login. Tenderers who experience technical difficulties when using ProContract should contact the support desk Mon-Fri, 9:00 to 17:30 on Telephonel: 0330 005 0352 or Email: ProContractSuppliers@proactis.com

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e7443e62-1acc-4bda-a3cd-dbb391e07ea8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0fe7bf80-acb4-4a44-a3fe-fde252c71ed6
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66515200 - Property insurance services

Notice Value(s)

Tender Value
£1,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
£747,849 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
31 Mar 20223 years ago
Submission Deadline
14 Jan 2022Expired
Future Notice Date
Not specified
Award Date
8 Mar 20223 years ago
Contract Period
31 Mar 2022 - 31 Mar 2025 3-4 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
CAMBRIDGESHIRE COUNTY COUNCIL INSURANCE ON BEHALF OF NORWICH CITY COUNCIL
Contact Name
Mark Greenall
Contact Email
mark.greenall@cambridgeshire.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
ALCONBURY WEALD, HUNTINGDON
Postcode
PE28 4YE
Post Town
Peterborough
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH4 Cambridgeshire and Peterborough
Small Region (ITL 3)
TLH42 Cambridgeshire CC
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
Huntingdonshire
Electoral Ward
The Stukeleys
Westminster Constituency
Huntingdon

Supplier Information

Number of Suppliers
1
Supplier Name

AVID INSURANCE SERVICES

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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