Provision of General (non-life) Insurance and related services to Watford Community Housing Trust

Watford Community Housing Trust

This public procurement record has 1 release in its history.

Tender

14 Sep 2022 at 16:05

Summary of the contracting process

The procurement process involves a tender for the provision of general (non-life) insurance and related services to Watford Community Housing Trust. The tender, initiated on September 14, 2022, aims to secure insurance services for property, legal liability, and other general insurable risks. The contract, with a value of £1,500,000 GBP, spans from April 1, 2023, to March 31, 2026. The procurement stage is currently active, and interested parties can respond until the tender period ends on October 14, 2022.

This tender presents an opportunity for businesses specializing in insurance services, risk management, and professional liability to compete for a long-term agreement with Watford Community Housing Trust. Companies with experience in providing similar services and a strong financial standing, including insurers with a minimum rating, are encouraged to participate. The competitive procedure with negotiation as the procurement method offers a chance for suitable suppliers to showcase their expertise and capabilities in meeting the contracting authority's requirements.

How relevant is this notice?

Notice Title

Provision of General (non-life) Insurance and related services to Watford Community Housing Trust

Notice Description

Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Watford Community Housing Trust.

Lot Information

Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Watford Community Housing Trust

A programme of General (non-life) insurance and related services for Watford Community Housing Trust. 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 and employment practices liability, motor fleet risks, engineering inspections, cyber risks, terrorism insurance and directors and officers liability cover. This list is to be decided at the sole discretion of Watford Community Housing Trust. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Watford:-Insurance-services./64387PGD54

Options: Watford Community Housing Trust will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: Watford Community Housing Trust will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use)

Insurance and related services for motor vehicle risks (possibly including Motor legal expenses and Occasional business use extensions). This lot is an optional Lot, which can be awarded or not awarded at the sole discretion of Watford Community Housing Trust, depending on Watford Community Housing Trust's requirements for Lot 1. Additional information: As stated in the Tender documentation. For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Watford:-Insurance-services./64387PGD54

Options: Watford Community Housing Trust will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: Watford Community Housing Trust will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Insurance and related services associated with items of Engineering plant and a programme of Engineering inspections

Engineering Insurance and an associated programme of inspections for statutory and other items of engineering plant and equipment. The Contracting Authority may require that LOLER Certification is planned 5 monthly, which will allow the Association one month to re-book appointments where access has not been gained. In addition, the Contracting Authority requires that the delivery of LOLER visits is done in line with its 'No access process', this includes evidenced appointments and records of any appointment failures. This Lot is an optional Lot, which can be awarded or not awarded at the sole discretion of Watford Community Housing Trust, depending on Watford Community Housing Trust's requirements for Lot 1. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Watford:-Insurance-services./64387PGD54

Options: Watford Community Housing Trust will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: Watford Community Housing Trust will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Insurance and related services associated with Cyber risks for Watford Community Housing Trust

Insurance and related services associated with Cyber risks for Watford Community Housing Trust. This Lot is an optional Lot, which can be awarded or not awarded at the sole discretion of Watford Community Housing Trust, depending on Watford Community Housing Trust's requirements for Lot 1. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Watford:-Insurance-services./64387PGD54

Options: Watford Community Housing Trust will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: Watford Community Housing Trust will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Insurance and related services associated with Terrorism risks for Watford Community Housing Trust

Insurance and related services associated with Terrorism and/or Political Violence risks for Watford Community Housing Trust. This Lot is an optional Lot, which can be awarded or not awarded at the sole discretion of Watford Community Housing Trust depending on Watford Community Housing Trust's requirements for Lot 1. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Watford:-Insurance-services./64387PGD54

Options: Watford Community Housing Trust will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: Watford Community Housing Trust will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Insurance and related services associated with Directors and Officers' Liability

Insurance and related services associated with Directors and Officers' Liability risks for Watford Community Housing Trust. This Lot is an optional Lot, which can be awarded or not awarded at the sole discretion of Watford Community Housing Trust, depending on Watford Community Housing Trust's requirements for Lot 1. Additional information: To respond to this opportunity please click here: https://www.delta-esourcing.com/tenders/UK-UK-Watford:-Insurance-services./64387PGD54

Options: Watford Community Housing Trust will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: Watford Community Housing Trust will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Insurance and related services associated with Watford Community Housing Trust's Joint Venture Companies

Insurance and related services associated with Watford Community Housing Trust's Joint Venture companies, being: Hart Homes Ltd Hart Homes (Watford) Development Ltd Three Rivers Homes Ltd Three Rivers Housing Developments LLP This Lot is an optional Lot, which can be awarded or not awarded at the sole discretion of Watford Community Housing Trust, depending on Watford Community Housing Trust's requirements for Lot 1. Additional information: To respond to this opportunity please click here:https://www.delta-esourcing.com/tenders/UK-UK-Watford:-Insurance-services./64387PGD54

Options: Watford Community Housing Trust will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: Watford Community Housing Trust will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03687e
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/025830-2022
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

71 - Architectural, construction, engineering and inspection services


CPV Codes

66000000 - Financial and insurance services

66510000 - Insurance services

66513100 - Legal expenses insurance services

66513200 - Contractor's all-risk insurance services

66514110 - Motor vehicle insurance services

66515000 - Damage or loss insurance services

66515100 - Fire insurance services

66515200 - Property insurance services

66515410 - Financial loss insurance services

66515411 - Pecuniary loss insurance services

66516000 - Liability insurance services

66516100 - Motor vehicle liability insurance services

66516400 - General 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

71631000 - Technical inspection services

71631100 - Machinery-inspection services

71632200 - Non-destructive testing services

Notice Value(s)

Tender Value
£1,500,000 £1M-£10M
Lots Value
£2,310,000 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
14 Sep 20223 years ago
Submission Deadline
14 Oct 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Apr 2023 - 31 Mar 2026 3-4 years
Recurrence
Between 3 or 5 years from the date of this Notice

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
Watford Community Housing Trust
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WATFORD
Postcode
WD17 1LA
Postcode Area
Watford
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH27 South West Hertfordshire
Delivery Location
Not specified

Local Authority
Watford
Electoral Ward
Central
Westminster Constituency
Watford

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...