This public procurement record has 2 releases in its history.

Award

21 Jan 2022 at 10:34

Tender

20 Sep 2021 at 14:55

Summary of the contracting process

The procurement process conducted by Fife Housing Group involves the provision of insurance and related services, with the contract commencing on 31 January 2022. The organisation is located in Dunfermline, Fife, UK, and the procurement is currently at the Award stage. This contract was awarded for a total value of £585,500 and was processed under the selective procurement method using a two-stage Restricted Procedure, whereby interested bidders needed to demonstrate their capabilities and experience to secure the contract.

This tender presents significant opportunities for growth, particularly for qualified insurance brokers and direct insurers with experience in handling diverse insurance services, including general liability, property insurance, and claims management. Businesses capable of demonstrating financial stability, regulatory compliance with the UK Financial Conduct Authority, and a proven track record in similar contracts will be well-positioned to participate. The contract duration is initially set for three years, with potential for additional renewal, providing a stable business opportunity for successful bidders.

How relevant is this notice?

Notice Title

Fife Housing Group - Insurance and Related Services 2022

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 Fife Housing Group commencing 31 January 2022. 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 completed SPDs 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 Fife Housing Group for a period of 3 years commencing 31.1.2022, with the option to extend by up to a further 2 years at FHG'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. Bidders will be expected have the capability, capacity, financial and economic standing and experience to perform the contract. SPDs must be completed in full with all relevant information supplied. The Contract will be awarded on the basis of Most Economically Advantageous Tender, with specific evaluation criteria detailed within the Invitation To Tender and contract documents.

Renewal: The contract will be for an initial 3 year period with the option to extend for a further two years at FHG's sole discretion. Renewal will be sought at the end of the three or five year period.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02e297
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/001814-2022
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
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
£500,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£585,500 £500K-£1M

Notice Dates

Publication Date
21 Jan 20224 years ago
Submission Deadline
25 Oct 2021Expired
Future Notice Date
Not specified
Award Date
17 Jan 20224 years ago
Contract Period
Not specified - Not specified
Recurrence
36 or 60 months

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
Fife Housing Group
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
DUNFERMLINE
Postcode
KY11 8UU
Postcode Area
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
Dunfermline Central
Westminster Constituency
Dunfermline and Dollar

Supplier Information

Number of Suppliers
1
Supplier Name

Marsh Limited

Open Contracting Data Standard (OCDS)

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