Tender

Insurance and Related Services for Radian Group Ltd.

RADIAN

This public procurement record has 1 release in its history.

Tender

12 Feb 2020 at 22:38

Summary of the contracting process

The Radian Group Ltd. has initiated a procurement process titled "Insurance and Related Services," aimed at identifying suitable providers for insurance and claims handling services. This competitive process, conducted under Regulation 28 of the Public Contracts Regulations 2015, is classified under financial and insurance services. The tender is currently in the Tender stage, closing on 13th March 2020. Radian, with its headquarters in Southampton, has a significant presence in the affordable housing sector, managing over 38,000 units across the south and south west of England.

This tender represents a valuable opportunity for businesses in the insurance and related services sectors, particularly those offering property, motor vehicle, engineering, and terrorism insurance solutions. Companies that can demonstrate experience and capability in providing insurance brokerage, agency services, and claims management are well-positioned to compete. With a total value of £11 million, this contract allows for submissions on individual lots or a combined basis, thus catering to a range of providers—from small and medium enterprises to larger firms—keen to expand their service offerings to a well-established housing organisation.

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Notice Title

Insurance and Related Services for Radian Group Ltd.

Notice Description

The following opportunity has been issued by Gibbs Laidler on behalf of the Swaythling Housing Society trading as Radian, Radian Group Ltd and its subsidiary organisations (Radian), to identify suitable provision of Insurance and related services, and claims handling services as required. This opportunity is run in connection with a competitive procurement process conducted in accordance with Regulation 28 of the Public Contracts Regulations 2015. Radian have over 90 years' experience building and managing homes for those in need of affordable housing. In November 2019, housing provider Yarlington Housing Group became a subsidiary of Radian Group Limited, with both organisations operating with a shared Board, Executive and senior leadership team. Together, we have a growing portfolio of over 38,000 units across the south and south west of England (see map below) and plan to deliver 10,000 new homes over the next 10 years. For more information on our organisation please go visit our website at www.radian.co.uk. Experienced providers interested in delivering services to Radian should register their organisation on our procurement portal In-Tend and register their interest by expressing an interest in the project. The tender documentation will then become available. The proposed tender and associated contracts will be let for the following requirements and providers may bid for any combination of 1 or more or lots, or all available lots combined under lot 5: Lot 1) Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Radian Group Ltd and subsidiary organisations (including Yarlington Housing Group) Lot 2) Insurance and related services for Motor Vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use) Lot 3) Engineering plant and a programme of Engineering inspections - Insurance and related services associated items Lot 4) Insurance and related services associated with Terrorism Insurance Lot 5) An optional Lot enabling Radian to consider a combined Award of all insurance and related services required under Lots 1-4 Any questions relating to this opportunity must be issued using the correspondence function within In-Tend. Thank you for your interest. Additional information: Further information can be found on our tendering portal: https://in-tendhost.co.uk/radian/aspx/Home Is a Recurrent Procurement Type? : No

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e8a74cc6-9902-4609-b92c-6feff26bcfc5
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f0b01a7b-fa15-41e4-ac99-d1c7b9fbec58
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

71 - Architectural, construction, engineering and inspection services


CPV Codes

66000000 - Financial and insurance services

66510000 - Insurance services

66513200 - Contractor's all-risk insurance services

66514110 - Motor vehicle insurance services

66515000 - Damage or loss insurance services

66515100 - Fire insurance services

66515200 - Property insurance services

66515400 - Weather-related insurance services

66515410 - Financial loss insurance services

66515411 - Pecuniary loss insurance services

66516000 - Liability insurance services

66516100 - Motor vehicle liability insurance services

66517300 - Risk management insurance services

66518000 - Insurance brokerage and agency services

66518300 - Insurance claims adjustment services

66519200 - Engineering insurance services

71631300 - Technical building-inspection services

Notice Value(s)

Tender Value
£11,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
12 Feb 20206 years ago
Submission Deadline
13 Mar 2020Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Jun 2020 - 30 Jun 2023 2-3 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
RADIAN
Contact Name
Paul Anderson Turner
Contact Email
paul.anderson-turner@radian.co.uk
Contact Phone
+44 02380628210

Buyer Location

Locality
SOUTHAMPTON
Postcode
SO50 6AD
Post Town
Southampton
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ35 South Hampshire
Delivery Location
Not specified

Local Authority
Eastleigh
Electoral Ward
Eastleigh North
Westminster Constituency
Eastleigh

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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