This public procurement record has 2 releases in its history.

Award

20 Mar 2024 at 10:05

Tender

18 Aug 2023 at 10:06

Summary of the contracting process

The Pickering & Ferens Homes have completed the tendering process for the Provision of Insurance and related services. This procurement aimed to secure insurance coverage for property, legal liability, and general non-life insurable risks. The procurement method used was a limited negotiation process, where Bids received at the ITT stage did not fully meet the requirements for Property Insurance, leading to negotiations with selected providers. The awarded contracts include Property Insurance with J M Glendinning and various other insurance covers with Arthur J Gallagher.

This tender by Pickering & Ferens Homes provides opportunities for insurance providers and brokers to engage in Long term agreements spanning 3 years with the potential for extensions. Businesses offering quality insurance services, especially in areas such as property, liability, and general insurable risks, may find this tender suitable for their expertise. The contracts awarded reflect a strategic approach by the buying organisation to meet their insurance needs effectively through negotiated agreements with selected suppliers.

How relevant is this notice?

Notice Title

Provision of Insurance and related services to Pickering & Ferens Homes

Notice Description

Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Pickering & Ferens Homes.

Lot Information

Insurance and related services for Property and Property Owners Liability, as required by Pickering & Ferens Homes

Property Damage and Property Owners Liability insurance for Pickering & Ferens Homes. The programme will require Insurance and related services for risks including property damage and related business interruption, property owners liability, to be decided at the sole discretion of Pickering & Ferens Homes.

Options: Pickering & Ferens Homes 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: Pickering & Ferens Homes 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 Property, legal liability and other general (non-life) insurable risks, as required by Pickering & Ferens Homes.

A programme of General (non-life) insurance and related services for Pickering & Ferens Homes. The programme will require Insurance and related services for risks that may include but not be limited to: Damage and business interruption, employers, public, products liability, business combined/office, money, all risks, computer, contract works, group personal accident, professional indemnity, fidelity guarantee/crime and commercial legal expenses. This list is to be decided at the sole discretion of Pickering & Ferens Homes. This Lot excludes: Property and POL (See Lot 1). This Lot also excludes Engineering, Cyber, Terrorism and Directors and Officers Liability insurance covers which have been successfully procured.

Options: Pickering & Ferens Homes 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: Pickering & Ferens Homes 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 Pickering & Ferens Homes

Insurance and related services associated with Cyber risks for Pickering & Ferens Homes. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Hull:-Insurance-services./PC98UHWFWS

Options: Pickering & Ferens Homes 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: Pickering & Ferens Homes 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 (Pool Re Basis) for Pickering & Ferens Homes

Insurance and related services associated with Terrorism risks (Pool Re Basis) for Pickering & Ferens Homes. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: Xhttps://www.delta-esourcing.com/tenders/UK-UK-Hull:-Insurance-services./PC98UHWFWS

Options: Pickering & Ferens Homes 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: Pickering & Ferens Homes 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 (Non Pool Re Basis) Risks for Pickering & Ferens Homes

Insurance and related services associated with Terrorism (Non Pool Re Basis) Risks for Pickering & Ferens Homes. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Hull:-Insurance-services./PC98UHWFWS

Options: Pickering & Ferens Homes 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: Pickering & Ferens Homes 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 Pickering & Ferens Homes. Additional information: To respond to this opportunity please click here: https://www.delta-esourcing.com/tenders/UK-UK-Hull:-Insurance-services./PC98UHWFWS

Options: Pickering & Ferens Homes 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: Pickering & Ferens Homes 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.

Procurement Information

In relation to Contract Notice 2023/S 000-024285, none of the Bids received at ITT stage sufficiently met the requirement for Property Insurance specifically relating to full storm/flood protection in line with the Contracting Authority's expiring insurance arrangements at an affordable price. We will proceed to negotiate with the providers thought most likely to be able to meet as closely as possible the advertised requirement.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03f510
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/008947-2024
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Negotiated without publication of a contract notice
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

66510000 - Insurance services

66512100 - Accident insurance services

66513000 - Legal insurance and all-risk insurance services

66513100 - Legal expenses insurance services

66513200 - Contractor's all-risk insurance services

66515000 - Damage or loss insurance services

66515200 - Property insurance services

66515410 - Financial loss insurance services

66516000 - 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

Notice Value(s)

Tender Value
£2,739,000 £1M-£10M
Lots Value
£2,715,200 £1M-£10M
Awards Value
Not specified
Contracts Value
£1,690,000 £1M-£10M

Notice Dates

Publication Date
20 Mar 20242 years ago
Submission Deadline
18 Sep 2023Expired
Future Notice Date
Not specified
Award Date
18 Mar 20242 years ago
Contract Period
1 Apr 2024 - 31 Mar 2025 6-12 months
Recurrence
Between 3 or 5 years from the date of this Notice

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
Pickering & Ferens Homes
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
HULL
Postcode
HU3 4AE
Postcode Area
Hull
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE1 East Yorkshire and Northern Lincolnshire
Small Region (ITL 3)
TLE11 Kingston upon Hull, City of
Delivery Location
Not specified

Local Authority
Kingston upon Hull, City of
Electoral Ward
St Andrew's & Docklands
Westminster Constituency
Kingston upon Hull West and Haltemprice

Supplier Information

Number of Suppliers
2
Supplier Names

Arthur J Gallagher

J M Glendinning

Open Contracting Data Standard (OCDS)

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