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21050: Norwich City Council Leasehold Housing Property Material Damage Insurance

Cambridgeshire County Council Insurance on behalf of Norwich City Council

This public procurement record has 2 releases in its history.

Award

31 Mar 2022 at 09:16

Award Notice
Tender

30 Nov 2021 at 10:45

Tender Notice
Summary of the contracting process

The procurement process pertains to the Norwich City Council Leasehold Housing Property Material Damage Insurance contract, managed by the Cambridgeshire County Council Insurance on behalf of the authority. The tender, identified as DN573020, is classified under property insurance services and is valued between £1,000,000 and £1,500,000. Currently in the Award stage, this process was initiated due to a break in the existing Long Term Agreement, and the contract will be awarded based on bids submitted through the open procedure. Interested parties should be aware that the tender's deadline for submissions was January 14, 2022.

This tender presents significant opportunities for businesses, particularly those in the insurance sector, to enhance their market presence by providing specialised services to a large local authority managing a substantial housing portfolio of approximately 17,700 units. Companies eligible to bid should be regulated by relevant financial authorities and hold strong financial ratings, positioning them well to compete for this contract. This contract not only offers immediate revenue potential but could also lead to long-term business relationships with the council, given the nature of the services required.

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Notice Information

Notice Title

21050: Norwich City Council Leasehold Housing Property Material Damage Insurance

Notice Description

Norwich City Council (The "Authority") wishes to invite tenders for the supply of services works in respect of Norwich City Council Leasehold Housing Material Damage Insurance as detailed within the tender documentation. The estimated total value of the contracts of the life of the agreements is estimated to be between PS1,000,000 and PS1,500,000. This contract value estimation is provided for guidance only and the final values will be determined by the market and bids received. Arthur J. Gallagher Insurance Brokers has been selected to assist the Insurance Service in the tender following a break of the existing Long Term Agreement which has triggered this tender process, Please note that this does not stop other entities of Arthur J. Gallagher Ltd bidding for the contract detailed in this notice. Please note that any questions relating to the tender process should sent via the Proactis Procurement Portal for this project (DN573020) and the messaging system provided within that e-tendering facility: The ProContract is located at https://procontract@due-north.com/Login. Tenderers who experience technical difficulties when using ProContract should contact the support desk Mon-Fri, 9:00 to 17:30 on Telephonel: 0330 005 0352 or Email: ProContractSuppliers@proactis.com

Lot Information

Lot 1

Norwich City Council has a large-retained housing portfolio comprising approximately 17,700 units spread around the administrative boundary of Norwich City. There are 3,230 properties that have been purchased on a leasehold arrangement by residents under the right to buy legislation conferred within the Housing Act. These comprise mostly flats. A full schedule of properties is provided within this tender document. The properties are currently insured under the Council's insurance programme with cover being provided by the current provider who are leaving the market, hence the reason for this tender process. This tender is separate from the Council's main programme and set to stand alone and completely separate from the remainder of the Council's insurance arrangements. This tender is separate from the Council's main programme and set to stand alone and completely separate from the remainder of the Council's insurance arrangements.

Options: The Authority are seeking bids for a number of options as detailed in the Invitation to Tender documentation and shall then seek to select the best option thereafter against the evaluation criteria stated within the Invitation to Tender documentation.

Renewal: The Authority is looking for a initial long term agreement of three years with option to extend for up to two further years as per the authorities discretion.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02fb4b
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/008631-2022
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

66515200 - Property insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£1,246,415 £1M-£10M

Notice Dates

Publication Date
31 Mar 20224 years ago
Submission Deadline
14 Jan 2022Expired
Future Notice Date
Not specified
Award Date
8 Mar 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
Cambridgeshire County Council Insurance on behalf of Norwich City Council
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
ALCONBURY WEALD, HUNTINGDON
Postcode
PE28 4YE
Postcode Area
Peterborough
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH4 Cambridgeshire and Peterborough
Small Region (ITL 3)
TLH42 Cambridgeshire CC
Delivery Location
TLH15 Norwich and East Norfolk
Local Authority
Huntingdonshire
Electoral Ward
The Stukeleys
Westminster Constituency
Huntingdon

Supplier Information

Number of Suppliers
1
Supplier Name

Avid Insurance Services Limited

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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