Award

Provision of Insurance and related services to The Cambridge Housing Society Limited and its subsidiary Companies

THE CAMBRIDGE HOUSING SOCIETY LIMITED

This public procurement record has 2 releases in its history.

Award

04 Mar 2022 at 11:34

Tender

07 Dec 2021 at 12:22

Summary of the contracting process

The Cambridge Housing Society Limited is seeking qualified bidders to provide insurance and related services through a tender process. This procurement falls under the insurance services category, involving either a single lot for comprehensive insurance or a two-lot option that includes Directors and Officers Liability insurance. The tender period ended on 17 January 2022, with the contract expected to commence on 1 April 2022, lasting for four years with a potential one-year extension at the buyer's discretion. This procurement was conducted via an open method.

This tender represents significant growth opportunities for businesses specialising in various insurance services, especially for those with the capacity to manage multiple types of insurance coverage, including property, professional indemnity, and engineering insurance. Companies with expertise in risk management and those willing to collaborate with housing associations would be particularly well-suited to compete in this process, enabling them to expand their client portfolios within the public sector.

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Notice Title

Provision of Insurance and related services to The Cambridge Housing Society Limited and its subsidiary Companies

Notice Description

The Cambridge Housing Society Limited invited qualified bidders to tender for providing insurance services. this was in the form of either a single lot contract with one supplier for the provision of insurance services or a two lot contract for the provision of insurance services and for Directors & Officers Liability insurance.

Lot Information

Insurance Services

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, employment practices liability and engineering insurance with an associated programme of inspections for statutory and other items of engineering plant and equipment.

Options: The contract shall start from 1st April 2022 and will be for a period of 48 months/4 financial years, with an option to extend by a further period of up to 12 months/1 financial year at CHS's sole discretion.

Renewal: The contract shall start from 1st April 2022 and will be for a period of 48 months/4 financial years, with an option to extend by a further period of up to 12 months/1 financial year at CHS's sole discretion.

Directors & Officers Liability Insurance

Insurance and related services associated with Directors and Officers' Liability risks for The Cambridge Housing Society Limited

Options: The contract shall start from 1st April 2022 and will be for a period of 48 months/4 financial years, with an option to extend by a further period of up to 12 months/1 financial year at CHS's sole discretion.

Renewal: The contract shall start from 1st April 2022 and will be for a period of 48 months/4 financial years, with an option to extend by a further period of up to 12 months/1 financial year at CHS's sole discretion.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02fe04
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/006013-2022
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

71 - Architectural, construction, engineering and inspection services


CPV Codes

66510000 - Insurance services

66513100 - Legal expenses insurance services

66515100 - Fire insurance services

66515200 - Property insurance services

66515410 - Financial loss insurance services

66515411 - Pecuniary loss insurance services

66516000 - 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

66519310 - Insurance consultancy services

71631100 - Machinery-inspection services

Notice Value(s)

Tender Value
£1,400,000 £1M-£10M
Lots Value
£1,359,000 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
4 Mar 20223 years ago
Submission Deadline
17 Jan 2022Expired
Future Notice Date
Not specified
Award Date
4 Mar 20223 years ago
Contract Period
31 Mar 2022 - 31 Mar 2026 4-5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
THE CAMBRIDGE HOUSING SOCIETY LIMITED
Contact Name
Marc Bentley
Contact Email
marc.bentley@chsgroup.org.uk
Contact Phone
+44 7795410266

Buyer Location

Locality
CAMBRIDGE
Postcode
CB24 9ZR
Post Town
Cambridge
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
TLH12 Cambridgeshire CC

Local Authority
South Cambridgeshire
Electoral Ward
Histon & Impington
Westminster Constituency
St Neots and Mid Cambridgeshire

Supplier Information

Number of Suppliers
1
Supplier Name

MARSH

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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