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Provision of Insurance Services for Barcud Cyf

Barcud Cyf (c/o Gallagher)

This public procurement record has 3 releases in its history.

Tender

27 Jul 2021 at 18:14

Tender Notice
Award

24 Jun 2021 at 15:54

Award Notice
TenderUpdate

08 Feb 2021 at 17:16

Tender Notice
Summary of the contracting process

The procurement process for the "Provision of Insurance Services for Barcud Cyf" is currently at the award stage, having a total value of £275,000. The buying organisation, Barcud Cyf, based in Lampeter, Wales, is seeking comprehensive insurance services covering property, liability, and other specific insurances to cater to its evolving risk profile. The procurement method is an open procedure, and key dates include the submission deadline, which was extended to 19th February 2021, and the bid opening on 22nd February 2021.

This tender presents significant opportunities for growth, particularly for large insurance providers who can meet the quality and pricing criteria outlined in the tender. The types of businesses that could be well-suited to compete include established insurance companies and brokers with a strong track record in providing services to the social housing sector, as highlighted by the criteria that require bidders to be authorised by the Financial Conduct Authority and ideally to have solid experience working with similar organisations.

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Notice Information

Notice Title

Provision of Insurance Services for Barcud Cyf

Notice Description

Property, Liability and other specific insurances as required by Barcud Cyf and amended from time to time to meet their requirements and respond to any change to the risk profile and appetite. To be managed by Arthur J. Gallagher Insurance Brokers Ltd as the contracting authority's appointed insurance brokers and advisor.

Lot Information

Property Stock

Property Stock including property owners liability. To be managed by Arthur J. Gallagher Insurance Brokers Ltd as the contracting authority's appointed insurance brokers and advisor.

Renewal: Annual.

Employers, Public and Products Liability

Employers, public and products liability. To be managed by Arthur J. Gallagher Insurance Brokers Ltd as the contracting authority's appointed insurance brokers and advisor.

Renewal: Annual

Excess Liability

Excess Liability. To be managed by Arthur J. Gallagher Insurance Brokers Ltd as the contracting authority's appointed insurance brokers and advisor.

Renewal: Annual.

Office Combined

Office risks. To be managed by Arthur J. Gallagher Insurance Brokers Ltd as the contracting authority's appointed insurance brokers and advisor.

Renewal: Annual.

Computer

Computer risks. To be managed by Arthur J. Gallagher Insurance Brokers Ltd as the contracting authority's appointed insurance brokers and advisor

Renewal: Annual.

Contractors All Risks

Contractors all risks. To be managed by Arthur J. Gallagher Insurance Brokers Ltd as the contracting authority's appointed insurance brokers and advisor.

Renewal: Annual

Employment Practices Liability

Employment Practices Liability. To be managed by Arthur J. Gallagher Insurance Brokers Ltd as the contracting authority's appointed insurance brokers and advisor

Renewal: Annual

Crime

Crime. To be managed by Arthur J. Gallagher Insurance Brokers Ltd as the contracting authority's appointed insurance brokers and advisor

Renewal: Annual.

Group Personal Accident

Group Personal Accident. To be managed by Arthur J. Gallagher Insurance Brokers Ltd as the contracting authority's appointed insurance brokers and advisor

Renewal: Annual

Professional Indemnity

Professional Indemnity. To be managed by Arthur J. Gallagher Insurance Brokers Ltd as the contracting authority's appointed insurance brokers and advisor

Renewal: Annual

Motor Fleet Risks

Motor Fleet. To be managed by Arthur J. Gallagher Insurance Brokers Ltd as the contracting authority's appointed insurance brokers and advisor

Renewal: Annual.

Asbestos Liability

Asbestos Liability. To be managed by Arthur J. Gallagher Insurance Brokers Ltd as the contracting authority's appointed insurance brokers and advisor

Renewal: Annual

Cyber Liability

Cyber Liability. To be managed by Arthur J. Gallagher Insurance Brokers Ltd as the contracting authority's appointed insurance brokers and advisor

Renewal: Annual.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0288c3
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/000367-2021
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

66515200 - Property insurance services

66516000 - Liability insurance services

Notice Value(s)

Tender Value
£275,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£248,437 £100K-£500K

Notice Dates

Publication Date
27 Jul 20215 years ago
Submission Deadline
12 Feb 2021Expired
Future Notice Date
Not specified
Award Date
26 Mar 20215 years ago
Contract Period
31 Mar 2021 - 30 Mar 2022 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Barcud Cyf (c/o Gallagher)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LAMPTER
Postcode
SA48 7HH
Postcode Area
Swansea
Country
Wales
Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL4 Mid and South West Wales
Small Region (ITL 3)
TLL41 Mid Wales
Delivery Location
TLL Wales
Local Authority
Ceredigion
Electoral Ward
Lampeter
Westminster Constituency
Ceredigion Preseli

Supplier Information

Number of Suppliers
10
Supplier Names

ARAG plc

Allianz Insurance plc

Avid Insurance Services

Aviva Insurance

Chubb

Direct Insurance

Hiscox Underwriting Limited

NMU (Specialty) Ltd

Pen Underwriting

RSA

Further Information

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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