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Provision of Insurance and related services to Honeycomb Group Ltd

Honeycomb Group Ltd

This public procurement record has 2 releases in its history.

Award

30 Nov 2021 at 14:15

Award Notice
Tender

30 Apr 2021 at 14:25

Tender Notice
Summary of the contracting process

The procurement process, initiated by Honeycomb Group Ltd, involves the tender for the provision of various insurance and related services. This falls within the 'services' industry category and is located in Stoke-on-Trent, UK. The procurement method is a selective competitive procedure with negotiation, currently in the active tender stage. The deadline for submission is set for 3rd June 2021, with a potential contract value of £600,000 and an initial contract period starting from 31st October 2021, lasting until 30th October 2024, with options for extension based on performance.

This tender presents significant opportunities for businesses in the insurance sector, particularly those offering property, liability, cyber, and engineering insurance services. Small and medium-sized enterprises (SMEs) with the capability to provide comprehensive insurance solutions and demonstrate relevant experience would be well-suited to compete. Additionally, businesses that can navigate the requirements for regulatory compliance and possess strong financial standing may find great potential in this contract, which is designed to encourage a diverse range of suppliers.

How relevant is this notice?

Notice Information

Notice Title

Provision of Insurance and related services to Honeycomb Group Ltd

Notice Description

Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Honeycomb Group

Lot Information

Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Honeycomb Group Ltd

A programme of General (non-life) insurance and related services for Honeycomb Group, excluding Engineering & Inspections (see Lot 2), Cyber (see Lot 3) and Terrorism (see Lot 4). The programme will require Insurance and related services for risks that may include but not be limited to: property damage and business interruption, employers, public, products and property owners liability, business combined/office, money, all risks, computer, contract works, group personal accident, professional indemnity, fidelity guarantee/crime and employment practices liability. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Stoke-on-Trent:-Insurance-services./85H67P8PFD

Options: Honeycomb Group has entered into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: Honeycomb Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Insurance and related services associated with items of Engineering plant and a programme of Engineering inspections

Engineering Insurance and an associated programme of inspections for statutory and other items of engineering plant and equipment. The Contracting Authority may require that LOLER Certification is planned 5 monthly, which will allow the Association one month to re-book appointments where access has not been gained. In addition, the Contracting Authority requires that the delivery of LOLER visits is done in line with its 'No access process', this includes evidenced appointments and records of any appointment failures. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Stoke-on-Trent:-Insurance-services./85H67P8PFD

Options: Honeycomb Group has entered into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: Honeycomb Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Insurance and related services associated with Cyber risks for Honeycomb Group

Insurance and related services associated with Cyber risks for Honeycomb Group. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Stoke-on-Trent:-Insurance-services./85H67P8PFD

Options: Honeycomb Group has entered into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: Honeycomb Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Insurance and related services associated with Terrorism risks for Honeycomb Group

Insurance and related services associated with Terrorism risks for Honeycomb Group. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Stoke-on-Trent:-Insurance-services./85H67P8PFD

Options: Honeycomb Group has entered into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with an option to extend the Award period subject to service, performance and cost.

Renewal: Honeycomb Group will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02ac48
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/029694-2021
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation
Tender Suitability
Not specified
Awardee Scale
Large

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

66513100 - Legal expenses insurance services

66513200 - Contractor's all-risk insurance services

66515000 - Damage or loss insurance services

66515100 - Fire insurance services

66515200 - Property insurance services

66515410 - Financial loss insurance services

66515411 - Pecuniary loss insurance services

66516000 - Liability insurance services

66516400 - General liability insurance services

66516500 - Professional liability insurance services

66517300 - Risk management insurance services

66518000 - Insurance brokerage and agency services

66518300 - Insurance claims adjustment services

66519200 - Engineering insurance services

71631000 - Technical inspection services

71631100 - Machinery-inspection services

71632200 - Non-destructive testing services

Notice Value(s)

Tender Value
£600,000 £500K-£1M
Lots Value
£615,000 £500K-£1M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
30 Nov 20214 years ago
Submission Deadline
3 Jun 2021Expired
Future Notice Date
Not specified
Award Date
15 Oct 20214 years ago
Contract Period
31 Oct 2021 - 30 Oct 2024 3-4 years
Recurrence
Between 3 or 5 years from the date of this Notice

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Honeycomb Group Ltd
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
STOKE-ON-TRENT
Postcode
ST4 5AB
Postcode Area
Stoke-on-Trent
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG2 Shropshire and Staffordshire
Small Region (ITL 3)
TLG23 Stoke-on-Trent
Delivery Location
Not specified
Local Authority
Stoke-on-Trent
Electoral Ward
Boothen
Westminster Constituency
Stoke-on-Trent Central

Supplier Information

Number of Suppliers
1
Supplier Name

Marsh Limited

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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