This public procurement record has 1 release in its history.

Tender

25 Apr 2024 at 12:05

Summary of the contracting process

The Watmos Community Homes, a public body based in Walsall, UK, has initiated a tender process for the provision of insurance and related services. The tender, titled "Provision of Insurance and related services to Watmos Community Homes", falls under the insurance services category with a contract value of £1,500,000 GBP. The procurement stage is currently active with a tender deadline of 28th May 2024. The tender includes multiple lots with different insurance services requirements, each evaluated individually, offering opportunities for small or medium enterprises (SMEs) to compete.

This public procurement opportunity by Watmos Community Homes presents potential business growth opportunities for insurance providers, brokers, and risk management firms. The selective procurement method, currently in the tender stage, requires bidders to demonstrate financial stability, relevant professional experience, and regulatory authorizations. The contract terms allow for long-term agreements of up to 5 years, providing continuity for successful bidders. Businesses with a proven track record in providing diverse insurance services are well-suited to participate and potentially secure multi-year contracts with Watmos Community Homes.

How relevant is this notice?

Notice Title

Provision of Insurance and related services to Watmos Community Homes

Notice Description

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

Lot Information

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

A programme of General (non-life) insurance and related services for Watmos Community Homes. 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, and employment practices liability. This list is to be decided at the sole discretion of Watmos Community Homes. This Lot excludes: Cyber (See Lot 2), Terrorism (Pool Re) (See Lot 3), Terrorism (Non Pool Re) (See Lot 4), Directors & Officers (See Lot 5), Professional Indemnity (See Lot 6), Fidelity Guarantee/Crime (See Lot 7) and, Alternative Risk Financing (See Lot 8) Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Walsall:-Insurance-services./3EF5HCACCE

Options: Watmos Community 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: Watmos Community 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 Watmos Community Homes

Insurance and related services associated with Cyber risks for Watmos Community Homes. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Walsall:-Insurance-services./3EF5HCACCE

Options: Watmos Community 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: Watmos Community 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 Watmos Community Homes

Insurance and related services associated with Terrorism risks (Pool Re Basis) for Watmos Community Homes. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Walsall:-Insurance-services./3EF5HCACCE

Options: Watmos Community 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: Watmos Community 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 Watmos Community Homes

Insurance and related services associated with Terrorism (Non Pool Re Basis) Risks for Watmos Community Homes. Additional information: For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Walsall:-Insurance-services./3EF5HCACCE

Options: Watmos Community 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: Watmos Community 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 Watmos Community Homes. Additional information: To respond to this opportunity please click here: https://www.delta-esourcing.com/tenders/UK-UK-Walsall:-Insurance-services./3EF5HCACCE

Options: Watmos Community 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: Watmos Community 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 Professional Indemnity Insurance for Watmos Community Homes

Insurance and related services associated with Professional Indemnity Insurance for Watmos Community Homes. Additional information: To respond to this opportunity please click here: https://www.delta-esourcing.com/tenders/UK-UK-Walsall:-Insurance-services./3EF5HCACCE

Options: Watmos Community 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: Watmos Community 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 Crime / Fidelity Guarantee risks for Watmos Community Homes

Insurance and related services associated with Crime / Fidelity Guarantee risks for Watmos Community Homes. Additional information: To respond to this opportunity please click here: https://www.delta-esourcing.com/tenders/UK-UK-Walsall:-Insurance-services./3EF5HCACCE

Options: Watmos Community 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: Watmos Community 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 Alternative Risk Financing for Watmos Community Homes

Insurance and related services associated with Alternative Risk Financing for Watmos Community Homes. Additional information: To respond to this opportunity please click here: https://www.delta-esourcing.com/tenders/UK-UK-Walsall:-Insurance-services./3EF5HCACCE

Options: Watmos Community 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: Watmos Community 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.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-045515
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/013421-2024
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
£1,500,000 £1M-£10M
Lots Value
£2,829,500 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
25 Apr 20242 years ago
Submission Deadline
28 May 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
27 Sep 2024 - 26 Sep 2027 2-3 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
Watmos Community 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
WALSALL
Postcode
WS1 1SZ
Postcode Area
Walsall
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG38 Walsall
Delivery Location
Not specified

Local Authority
Walsall
Electoral Ward
St Matthew's
Westminster Constituency
Walsall and Bloxwich

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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