Award

INSURANCE AND RELATED SERVICES 2021

KINGDOM HOUSING ASSOCIATION LIMITED

This public procurement record has 1 release in its history.

Award

16 Mar 2021 at 09:08

Summary of the contracting process

The procurement process is led by Kingdom Housing Association Limited, seeking to contract "Insurance and Related Services 2021" within the insurance services sector in Fife, Scotland. This tender, which has reached the award stage, involves a contract for the provision of general insurance and related services, including claims handling and advice, commencing 1 April 2021, with a total value of £1,240,830 over a 3-year period. The procurement followed a selective method using a Restricted Procedure, which entailed a pre-qualifying stage based on the responses contained in the European Single Procurement Document (ESPD). The successful award was granted to Arthur J. Gallagher Insurance Brokers Ltd after a comprehensive evaluation based on set criteria, including cost and value for money.

This tender presents substantial opportunities for businesses in the insurance sector, particularly for qualified insurance brokers and direct insurance providers capable of delivering comprehensive services including claims management, loss control, and general insurance advisory duties. Interested parties should possess a proven track record and relevant experience in managing large-scale insurance portfolios, enabling them to effectively compete and potentially secure a lucrative long-term contract with a reputable public body like Kingdom Housing Association.

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Notice Title

INSURANCE AND RELATED SERVICES 2021

Notice Description

The Contract is for the provision of general insurance and related services, including claims handling, loss control services and general programme maintenance and advice as required by Kingdom Group commencing 1 April 2021. A full Summary of Current Cover will be provided with the Invitation to Tender to selected bidders. Bids are invited from suitably qualified insurance brokers and direct providers for the entire scope of services. The procurement will follow the two-stage Restricted Procedure with a pre-qualifying stage based on ESPDs and bidders will be selected on the basis of their capability, capacity and experience to perform the contract.

Lot Information

Lot 1

The scope of the Contract includes the provision of insurance cover, brokerage services (where applicable), professional advice, claims management and loss control services for property, legal liabilities, engineering insurance and inspection and other general(non-life) insurances as required by Kingdom for a period of 3 years commencing 1.4.2021, with the option to extend by up to a further 2 years at Kingdom's sole discretion. The contract is not divided into lots so bidders are required to bid for the entire scope of services. Bids are invited from suitably qualified and experienced insurance brokers and direct insurers. The Contract will follow the two-stage Restricted Procedure with bidders being selected on the basis of the responses contained in the pre-qualifying SPD. The Contract will be awarded on the basis of Most Economically Advantageous Tender, with specific evaluation criteria detailed within the ITT and contract documents. Additional information: The price shown for the successful bid is the full cost for the Tender over the 3-year contract period.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-029bf8
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/005255-2021
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

66512100 - Accident insurance services

66513000 - Legal insurance and all-risk insurance services

66513100 - Legal expenses 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

66515300 - Weather and financial loss insurance services

66515410 - Financial loss insurance services

66515411 - Pecuniary loss insurance services

66516000 - Liability insurance services

66516100 - Motor vehicle liability insurance services

66516400 - General liability insurance services

66518100 - Insurance brokerage services

66519200 - Engineering insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£1,240,830 £1M-£10M

Notice Dates

Publication Date
16 Mar 20214 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
15 Mar 20214 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
KINGDOM HOUSING ASSOCIATION LIMITED
Contact Name
Our Consultant - Maureen Batten
Contact Email
maureenmbatten@gmail.com
Contact Phone
+44 1592631661

Buyer Location

Locality
GLENROTHES
Postcode
KY6 2DA
Post Town
Kirkcaldy
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM0 Eastern Scotland
Small Region (ITL 3)
TLM01 Clackmannanshire and Fife
Delivery Location
TLM72 Clackmannanshire and Fife

Local Authority
Fife
Electoral Ward
Glenrothes West and Kinglassie
Westminster Constituency
Glenrothes and Mid Fife

Supplier Information

Number of Suppliers
1
Supplier Name

ARTHUR J. GALLAGHER INSURANCE BROKERS

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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