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Material Damage/Buildings Insurance including Property Owners Liability

Wellhouse Housing Association c/o Bruce Stevenson Insurance Brokers Ltd

This public procurement record has 2 releases in its history.

Award

07 Nov 2022 at 12:29

Award Notice
Tender

20 Dec 2021 at 14:45

Tender Notice
Summary of the contracting process

The Wellhouse Housing Association c/o Bruce Stevenson Insurance Brokers Ltd has awarded the contract for Material Damage/Buildings Insurance including Property Owners Liability to Avid Insurance. The contract, with a value of £41,000 GBP, was signed on 1st April 2022. The procurement process was completed on 7th November 2022 under the open procedure method. The contract covers insurance services and specifically property insurance services. The procurement took place in the UKM82 region with the buyer located in Glasgow, United Kingdom.

This tender for Material Damage/Buildings Insurance presents opportunities for insurance companies, underwriters, and managing general agents with an A rating by Standard & Poors or a similar credit rating agency. Lloyds of London syndicates/coverholders are also eligible. The contract opportunity excludes insurance brokers. Businesses operating in the insurance industry, with a focus on property insurance services, are well-suited to compete for this contract. The award criteria combine quality aspects such as policy cover and claims service with a price component, offering a balanced evaluation approach to potential bidders.

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Notice Information

Notice Title

Material Damage/Buildings Insurance including Property Owners Liability

Notice Description

Material Damage/Buildings Insurance including Loss of Rent/Alternative Accommodation & Property Owners Liability

Lot Information

Lot 1

Material Damage/Buildings Insurance including Loss of Rent/Alternative Accommodation and Property Owners Liability. Excludes Insurance Broking Services

Renewal: 2 x 12 months or 1 x 24 months

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0303a6
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/031402-2022
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

CPV Codes

66510000 - Insurance services

66515200 - Property insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£41,000 Under £100K

Notice Dates

Publication Date
7 Nov 20223 years ago
Submission Deadline
31 Jan 2022Expired
Future Notice Date
Not specified
Award Date
1 Apr 20224 years ago
Contract Period
1 Apr 2022 - 31 Dec 2025 3-4 years
Recurrence
January 2027

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Wellhouse Housing Association c/o Bruce Stevenson Insurance Brokers 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
GLASGOW
Postcode
G4 9JT
Postcode Area
Glasgow
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM82 Glasgow City
Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North

Supplier Information

Number of Suppliers
1
Supplier Name

Avid Insurance

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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