This public procurement record has 1 release in its history.

Tender

08 Sep 2023 at 19:06

Summary of the contracting process

The public procurement process involves Merthyr Valleys Homes Ltd issuing a tender for the provision of Insurance and related services. The procurement stage is currently active with a tender period ending on 9th October 2023. The contract value is £1,527,950 GBP. The tender involves multiple lots focusing on different insurance services such as property, liability, cyber, and terrorism risks. The contract is for a duration of 1 year starting from 30th March 2024. Businesses in the insurance sector would find opportunities to compete in this tender.

Merthyr Valleys Homes Ltd, based in Merthyr Tydfil, United Kingdom, is the buying organisation for this procurement process. The method used is a selective procurement process with negotiations. The submission deadline for bids is 19th October 2023. The procurement offers opportunities for insurance companies and brokers with specific criteria for financial standing, technical expertise, and regulatory authorisation. The contract also allows for a 10-day standstill period post-notification for contract signing.

How relevant is this notice?

Notice Title

Provision of Insurance and related services to Merthyr Valleys Homes Ltd

Notice Description

Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Merthyr Valleys Homes Ltd

Lot Information

Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Merthyr Valleys Homes Ltd

A programme of General (non-life) insurance and related services for Merthyr Valleys Homes Ltd. 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, directors & officers' liability, fidelity guarantee/crime and employment practices liability. This list is to be decided at the sole discretion of Merthyr Valleys Homes Ltd. This Lot excludes: Cyber (See Lot 2), Terrorism (See Lot 3), Terrorism Non-Pool Re (See Lot 4) Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Merthyr-Tydfil:-Insurance-services./7S53N3D74D

Options: Merthyr Valleys Homes Ltd 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: Merthyr Valleys Homes Ltd 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 Merthyr Valleys Homes Ltd

Insurance and related services associated with Cyber risks for Merthyr Valleys Homes Ltd. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Merthyr-Tydfil:-Insurance-services./7S53N3D74D

Options: Merthyr Valleys Homes Ltd 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: Merthyr Valleys Homes Ltd 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 Merthyr Valleys Homes Ltd

Insurance and related services associated with Terrorism risks (Pool Re Basis) for Merthyr Valleys Homes Ltd. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Merthyr-Tydfil:-Insurance-services./7S53N3D74D

Options: Merthyr Valleys Homes Ltd 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: Merthyr Valleys Homes Ltd 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 Merthyr Valleys Homes Ltd

Insurance and related services associated with Terrorism (Non Pool Re Basis) Risks for Merthyr Valleys Homes Ltd. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Merthyr-Tydfil:-Insurance-services./7S53N3D74D

Options: Merthyr Valleys Homes Ltd 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: Merthyr Valleys Homes Ltd 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-03fb77
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/026722-2023
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


CPV Codes

66000000 - Financial and insurance services

66510000 - Insurance services

66513100 - Legal expenses insurance services

66513200 - Contractor's all-risk 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

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
£1,527,950 £1M-£10M
Lots Value
£1,527,967 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
8 Sep 20232 years ago
Submission Deadline
9 Oct 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Mar 2024 - 29 Mar 2025 6-12 months
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
Merthyr Valleys Homes Ltd
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MERTHYR TYDFIL
Postcode
CF48 1HA
Postcode Area
Cardiff
Country
Wales

Major Region (ITL 1)
TLL Wales
Basic Region (ITL 2)
TLL5 South East Wales
Small Region (ITL 3)
TLL51 Central Valleys and Bridgend
Delivery Location
Not specified

Local Authority
Merthyr Tydfil
Electoral Ward
Cyfarthfa
Westminster Constituency
Merthyr Tydfil and Aberdare

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...