Award

SBHA - Insurance Services 2022 - Non Life

SCOTTISH BORDERS HOUSING ASSOCIATION LTD

This public procurement record has 3 releases in its history.

Award

21 Oct 2022 at 11:54

TenderUpdate

25 Aug 2022 at 13:14

Tender

03 Aug 2022 at 15:53

Summary of the contracting process

The Scottish Borders Housing Association Ltd has awarded a contract for non-life insurance services to Bruce Stevenson. The contract, valued at £2,171,500, was signed on 7th October 2022. The procurement process for insurance services covered various categories including Material Damage to Property, Business Interruption, and Liability insurance. The contract was for a period of 3 years with the option to extend for a further 2 single years.

This tender for insurance services by the Scottish Borders Housing Association Ltd in Selkirk provides business opportunities for insurance brokers and direct insurers. Bidders needed to demonstrate expertise in areas such as Claims Management, Risk Management, and Financial Security of Suppliers. This procurement process aimed to attract qualified insurance providers to offer a comprehensive range of insurance services to meet the needs of the association over the specified contract period with potential for extension.

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Notice Title

SBHA - Insurance Services 2022 - Non Life

Notice Description

The provision of non-life insurance services

Lot Information

Lot 1

The scope of the Contract includes insurance cover, brokerage services, related advice, claims management and loss control services for Material Damage to Property and Contents, Business Interruption, Loss of Money, Public and Property Owners' Liability, Employer's Liability, Excess Liability, Contractors' Liability, Engineering Inspection and Insurance, Contract Works, Hired in Plant, Computer "All Risks", Cyber Liability, Personal Accident, Management Liability, Crime and Motor Fleet as required by SBHA for a period of 3 years (or periods of insurance) commencing 25 October 2022, with the option to extend by up to a further 2 x single years at SBHA's discretion. Bidders are required to bid for the entire scope of services. Bids are invited from suitably qualified and experienced insurance brokers and/or direct Insurers, as specified

Renewal: It is expected that the contract will last for 3 years to 24.10.2025, with the possibility of a further 2 single years extensions through to 24.10.2027. The extension of the contract will be at the discretion of SBHA.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0358b9
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/029749-2022
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

66512100 - Accident insurance services

66513100 - Legal expenses insurance services

66514110 - Motor vehicle insurance services

66515200 - Property insurance services

66515411 - Pecuniary loss insurance services

66516000 - Liability insurance services

66516500 - Professional liability insurance services

66519200 - Engineering insurance services

Notice Value(s)

Tender Value
£2,050,000 £1M-£10M
Lots Value
£2,050,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£2,171,500 £1M-£10M

Notice Dates

Publication Date
21 Oct 20223 years ago
Submission Deadline
5 Sep 2022Expired
Future Notice Date
Not specified
Award Date
6 Oct 20223 years ago
Contract Period
Not specified - Not specified
Recurrence
June 2027

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
SCOTTISH BORDERS HOUSING ASSOCIATION LTD
Contact Name
Carly Stewart
Contact Email
finance@sbha.org.uk
Contact Phone
+44 1750724444

Buyer Location

Locality
SELKIRK
Postcode
TD7 5DT
Post Town
Galashiels
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM9 Southern Scotland
Small Region (ITL 3)
TLM91 Scottish Borders
Delivery Location
TLM91 Scottish Borders

Local Authority
Scottish Borders
Electoral Ward
Selkirkshire
Westminster Constituency
Berwickshire, Roxburgh and Selkirk

Supplier Information

Number of Suppliers
1
Supplier Name

BRUCE STEVENSON

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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