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Insurance Tender ( Provision of Insurance Contract & Services )

Ochil View Housing Association C/o Richard McDonald - Broker for the Association

This public procurement record has 2 releases in its history.

Award

22 Jun 2022 at 12:31

Award Notice
Tender

29 Nov 2021 at 13:05

Tender Notice
Summary of the contracting process

The Ochil View Housing Association, operating as a broker, has successfully completed its Insurance Tender for the provision of insurance contracts and services related to property insurance. The procurement, classified under property insurance services, is located in Mashill, Alloa, United Kingdom. The tendering process was conducted as an open procedure with a focus on providing buildings insurance, including property owners' liability, loss of rent, and alternative accommodation for rented stock. The tender was officially awarded on 17 April 2022, following a submission period that ended on 10 February 2022.

This tender presents significant opportunities for growth for businesses in the insurance sector, particularly for insurance companies, underwriters, and brokers. Those with a minimum "A" rating from Standard & Poors or AM Best, and who are authorised and regulated by the FCA, would be well-positioned to compete. With a total contract value of £122,222, and a procurement method that encourages open competition, this contract can attract diverse suppliers seeking to expand their offerings in property insurance services.

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Notice Information

Notice Title

Insurance Tender ( Provision of Insurance Contract & Services )

Notice Description

Buildings Insurance including Property Owners Liability, Loss of Rent and Alternative Accommodation for Rented Stock / Factored Owners / Shared Owners

Lot Information

Lot 1

All Risk building insurance Property Owners Liability insurance Loss of Rent / Alternative Accommodation Costs

Renewal: 36 months plus 2 x 2 years extension at OVHA discretion.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02faf0
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/017037-2022
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

66515200 - Property insurance services

66518300 - Insurance claims adjustment services

Notice Value(s)

Tender Value
£75,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£122,222 £100K-£500K

Notice Dates

Publication Date
22 Jun 20224 years ago
Submission Deadline
10 Feb 2022Expired
Future Notice Date
Not specified
Award Date
17 Apr 20224 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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Ochil View Housing Association C/o Richard McDonald - Broker for the Association
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MASHILL, ALLOA
Postcode
FK10 1AB
Postcode Area
Falkirk and Stirling
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
Clackmannanshire
Electoral Ward
Clackmannanshire South
Westminster Constituency
Alloa and Grangemouth

Supplier Information

Number of Suppliers
1
Supplier Name

Avid Insurance Services Ltd

Further Information

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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