Tender

Leasehold Property Insurance & Related Services 2022

THE GUINNESS PARTNERSHIP LTD

This public procurement record has 1 release in its history.

Tender

19 Mar 2022 at 13:03

Summary of the contracting process

The Guinness Partnership Ltd, a prominent housing association in the UK, has initiated a public procurement process for "Leasehold Property Insurance & Related Services 2022." This active tender, falling under the insurance services category with a total value of £9 million, is currently in the Tender stage. The procurement method is Open Procedure, and interested parties must submit their bids electronically by 18 April 2022 at 17:00 BST, with the contract duration set for 360 days, including options for two additional one-year extensions.

This tender provides significant opportunities for businesses within the insurance services sector, particularly those specialising in property damage, property owners' liability, loss of rent, and accommodation services. Companies with capabilities in insurance broking, underwriting, and risk management will find this opportunity particularly suitable. Engaging in this contract can facilitate growth for businesses looking to expand their footprint in the public sector, especially those aiming to collaborate with large housing associations like The Guinness Partnership.

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Notice Title

Leasehold Property Insurance & Related Services 2022

Notice Description

The Guinness Partnership Limited (Guinness) is a housing association that is a substantial provider of social and new build housing in England. We are looking to appoint a Provider for certain Insurance Services (property damage & property owners liability; loss of rent and alternative accommodation) for our portfolio of c.10,400 leasehold properties. This is a services agreement being procured under the Open Procedure under the Public Contract Regulations. Insurance services may involve insurance broking, insurance underwriting or a combination of both. The service is intended to include the arrangement, placing and administration of insurance policies, as well as claims settlement and administration, risk management services and any other insurance related services. Please note that this tender is only for the specified insurance types and property types; Guinness already has arrangements in place for the rest of our insurance needs.

Lot Information

Lot 1

As per the description, insurance for property damage & property owners liability, loss of rent and alternative accommodation for Guinness' portfolio of c.10,400 leasehold properties. Please download the procurement documents for more information.

Renewal: 2 extensions of 1 year (i.e. 1+1+1 year contract term)

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0323f2
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/007512-2022
Current Stage
Tender
All Stages
Tender

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
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

66515000 - Damage or loss insurance services

Notice Value(s)

Tender Value
£9,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
19 Mar 20223 years ago
Submission Deadline
18 Apr 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
THE GUINNESS PARTNERSHIP LTD
Contact Name
- Dennis Viljoen
Contact Email
dennis.viljoen@guinness.org.uk
Contact Phone
+44 3031231890

Buyer Location

Locality
LONDON
Postcode
NW1 3FG
Post Town
North West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI36 Camden
Delivery Location
Not specified

Local Authority
Camden
Electoral Ward
Regent's Park
Westminster Constituency
Holborn and St Pancras

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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