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Insurance Tender ( Provision of Insurance Contract & Services )

Southside Housing C/o Richard McDonald - Broker for the Association

This public procurement record has 2 releases in its history.

Award

02 Apr 2024 at 10:11

Award Notice
Tender

12 Dec 2023 at 09:54

Tender Notice
Summary of the contracting process

The Southside Housing C/o Richard McDonald - Broker for the Association has awarded the Insurance Tender for the provision of insurance contract and services to Direct Line Group. The tender, classified under property insurance services, involved a total contract value of £892,805. The procurement stage was in the Award phase as of the signing date of 1st April 2024. The tender was for Buildings Insurance, including Property Owners Liability, Loss of Rent, Alternative Accommodation, and Terrorism cover.

This contract provides significant opportunities for insurance companies, underwriters, and agencies interested in property insurance services to grow their business. Businesses in the insurance industry with expertise in cover quality, service provision, and sustainability would be suited to compete effectively. The procurement method used was an open procedure, and the buying organisation, Southside Housing, is a body governed by public law in Glasgow, United Kingdom.

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Notice Information

Notice Title

Insurance Tender ( Provision of Insurance Contract & Services )

Notice Description

Buildings Insurance including Property Owners Liability, Loss of Rent and Alternative Accommodation for Rented Stock / Factored Owners / Shared Owners / Terrorism

Lot Information

Lot 1

All Risk building insurance Property Owners Liability insurance Loss of Rent / Alternative Accommodation Costs / Terrorism

Renewal: The Contract term shall be 3 years with the option to extend for a further 2 x12 months at the Associations discretion. The total maximum term shall be 3 or 5 years at the Associations discretion.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0424c8
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/010512-2024
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

66515200 - Property insurance services

66518300 - Insurance claims adjustment services

Notice Value(s)

Tender Value
£675,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£892,805 £500K-£1M

Notice Dates

Publication Date
2 Apr 20242 years ago
Submission Deadline
8 Feb 2024Expired
Future Notice Date
Not specified
Award Date
1 Apr 20242 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Southside Housing C/o Richard McDonald - Broker for the Association
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
G51 4EB
Postcode Area
Glasgow
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM82 Glasgow City
Local Authority
Glasgow City
Electoral Ward
Cardonald
Westminster Constituency
Paisley and Renfrewshire North

Supplier Information

Number of Suppliers
1
Supplier Name

Direct Line Group

Further Information

Open Contracting Data Standard (OCDS)

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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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