Award

Insurance services contract extension

PLUS DANE HOUSING LIMITED

This public procurement record has 1 release in its history.

Award

15 Dec 2022 at 16:07

Award Notice
Summary of the contracting process

Plus Dane Housing Limited is planning to extend its insurance services contract with Marsh Limited for a further 2 years, from 30 November 2023 to 30 November 2025. The contract involves a range of insurance services, excluding Motor Fleet risks, such as property damage, liability, and professional indemnity. The procurement method used is a limited award procedure without prior publication of a call for competition. The location is in the United Kingdom, and the industry category is financial and insurance services. The procurement process has reached the award stage, with an active contract signed on 15th December 2022.

This tender for insurance services contract extension by Plus Dane Housing Limited presents business growth opportunities for insurance service providers. Companies offering general insurance, liability insurance, and related services within the specified risks should consider competing for this contract. The procurement method of an award procedure without prior competition publication implies that established providers with strong track records like Marsh Limited are well-suited to compete. The contract value is £1,370,872, and the specific economic rationale for selecting Marsh over other providers is highlighted in Plus Dane's procurement method rationale.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

Insurance services contract extension

Notice Description

Plus Dane Housing Limited (Plus Dane) wish to extend its current insurance services contract for a further period of 2 years from 30 November 2023 to 30 November 2025.

Lot Information

Lot 1

Plus Dane Housing Limited (Plus Dane) wish to extend its current insurance services contract for a further period of 2 years from 30 November 2023 to 30 November 2025. The insurance services to be provided under the contract comprise of a programme of General Insurance and related services for Plus Dane Housing Ltd, excluding Motor Fleet risks. 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, Cyber and Terrorism.

Procurement Information

Plus Dane wishes to extend its existing insurance services contract with its incumbent insurance provider, Marsh Limited, for a period of 2 years to take advantage of the commercially advantageous rates being offered by Marsh. The period of the extension will run from 30 November 2023 to 30 November 2025. Plus Dane is of the view that it is entitled to award this contract extension to Marsh pursuant to Regulation 72(1)(b) of the Public Contracts Regulations 2015, on the following basis: 1. There is a clear economic reason why an alternative insurance provider should not be appointed to provide the services during the extension period instead of Marsh. This being the commercially advantageous rates that Marsh are prepared to offer Plus Dane for the extension period; 2. To appoint another insurance provider would therefore cause substantial duplication of costs for Plus Dane. It would also cause it significant inconvenience; and 3. The value of the proposed 2 year extension (PS1,370,872) is no more than 50% of the total value of the original contract.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03919f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/035558-2022
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£1,370,872 £1M-£10M

Notice Dates

Publication Date
15 Dec 20223 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
15 Dec 20223 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
PLUS DANE HOUSING LIMITED
Contact Name
Not specified
Contact Email
Not specified
Contact Phone
Not specified

Buyer Location

Locality
Not specified
Postcode
Not specified
Post Town
Not specified
Country
Not specified
Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
TLD North West (England)
Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Supplier Information

Number of Suppliers
1
Supplier Name

MARSH

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-03919f-2022-12-15T16:07:08Z",
    "date": "2022-12-15T16:07:08Z",
    "ocid": "ocds-h6vhtk-03919f",
    "description": "Plus Dane intends to enter into the contract extension referred to in this notice following a minimum 10 day calendar day standstill period starting on the day after this notice is published in the UK Find a Tender Service. The Public Contracts Regulations 2015 (SI 2015 No 102) (as amended) (the Regulations) provide for aggrieved parties who have been harmed or who are at risk of harm by a breach of the Regulations to bring proceedings in the High Court. Any such proceedings must be brought within the limitation period specified by the Regulations according to the remedy sought.",
    "initiationType": "tender",
    "tender": {
        "id": "ocds-h6vhtk-03919f",
        "legalBasis": {
            "id": "32014L0024",
            "scheme": "CELEX"
        },
        "title": "Insurance services contract extension",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66000000",
            "description": "Financial and insurance services"
        },
        "mainProcurementCategory": "services",
        "description": "Plus Dane Housing Limited (Plus Dane) wish to extend its current insurance services contract for a further period of 2 years from 30 November 2023 to 30 November 2025.",
        "lots": [
            {
                "id": "1",
                "description": "Plus Dane Housing Limited (Plus Dane) wish to extend its current insurance services contract for a further period of 2 years from 30 November 2023 to 30 November 2025. The insurance services to be provided under the contract comprise of a programme of General Insurance and related services for Plus Dane Housing Ltd, excluding Motor Fleet risks. 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, Cyber and Terrorism.",
                "hasOptions": false
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "UKD"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "procurementMethod": "limited",
        "procurementMethodDetails": "Award procedure without prior publication of a call for competition",
        "coveredBy": [
            "GPA"
        ],
        "reviewDetails": "In accordance with Part 3 of the Public Contracts Regulations 2015",
        "procurementMethodRationaleClassifications": [
            {
                "scheme": "TED_PT_AWARD_CONTRACT_WITHOUT_CALL",
                "id": "D_OUTSIDE_SCOPE",
                "description": "The procurement falls outside the scope of application of the directive"
            }
        ],
        "procurementMethodRationale": "Plus Dane wishes to extend its existing insurance services contract with its incumbent insurance provider, Marsh Limited, for a period of 2 years to take advantage of the commercially advantageous rates being offered by Marsh. The period of the extension will run from 30 November 2023 to 30 November 2025. Plus Dane is of the view that it is entitled to award this contract extension to Marsh pursuant to Regulation 72(1)(b) of the Public Contracts Regulations 2015, on the following basis: 1. There is a clear economic reason why an alternative insurance provider should not be appointed to provide the services during the extension period instead of Marsh. This being the commercially advantageous rates that Marsh are prepared to offer Plus Dane for the extension period; 2. To appoint another insurance provider would therefore cause substantial duplication of costs for Plus Dane. It would also cause it significant inconvenience; and 3. The value of the proposed 2 year extension (PS1,370,872) is no more than 50% of the total value of the original contract."
    },
    "awards": [
        {
            "id": "035558-2022-1-1",
            "relatedLots": [
                "1"
            ],
            "title": "Insurance services contract extension",
            "status": "active",
            "suppliers": [
                {
                    "id": "GB-COH-Companies House",
                    "name": "Marsh Limited"
                }
            ]
        }
    ],
    "parties": [
        {
            "id": "GB-COH-Companies House",
            "name": "Marsh Limited",
            "identifier": {
                "legalName": "Marsh Limited",
                "id": "Companies House",
                "scheme": "GB-COH"
            },
            "address": {
                "streetAddress": "1 Tower Place West, Tower Place",
                "locality": "London",
                "region": "UKI",
                "postalCode": "EC3R 5BU",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Catherine Bacon",
                "email": "catherine.bacon@plusdane.co.uk"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "url": "http://www.plusdane.co.uk",
                "classifications": [
                    {
                        "scheme": "TED_CA_TYPE",
                        "id": "BODY_PUBLIC",
                        "description": "Body governed by public law"
                    },
                    {
                        "scheme": "COFOG",
                        "id": "06",
                        "description": "Housing and community amenities"
                    }
                ],
                "scale": "large"
            }
        },
        {
            "id": "GB-FTS-525",
            "name": "High Court",
            "identifier": {
                "legalName": "High Court"
            },
            "address": {
                "locality": "London",
                "countryName": "United Kingdom"
            },
            "roles": [
                "reviewBody"
            ]
        }
    ],
    "buyer": {
        "id": "GB-COH-Companies House",
        "name": "Plus Dane Housing Limited"
    },
    "contracts": [
        {
            "id": "035558-2022-1-1",
            "awardID": "035558-2022-1-1",
            "title": "Insurance services contract extension",
            "status": "active",
            "value": {
                "amount": 1370872,
                "currency": "GBP"
            },
            "dateSigned": "2022-12-15T00:00:00Z"
        }
    ],
    "language": "en"
}