This public procurement record has 2 releases in its history.

Award

29 Oct 2024 at 09:21

Tender

02 Aug 2024 at 15:22

Summary of the contracting process

Thirteen Housing Group Limited, a prominent housing and community amenities organisation based in Middlesbrough, is seeking services under a Group Insurance Policy. This procurement, initiated under an open procedure, covers Financial and Insurance Services with an emphasis on property, motor vehicle, and leaseholder insurance. The procurement process, currently in the Award stage, entails a contract valued at £16,437,334.61, to be managed over a period of 3 years with up to two optional annual extensions, specifically targeting areas within the UKC1 region. Key milestones include the contract signing on 18 October 2024, with services set to commence on 1 October 2024.

This tender offers promising opportunities for businesses specialising in diverse insurance services. Ideal candidates encompass large insurance firms or experienced insurance brokers capable of managing extensive portfolios involving property, motor, and leaseholder insurance. The awarded contractor, Zurich Insurance Company Ltd trading as Zurich Municipal, signifies the critical demand for highly reputable and financially stable enterprises capable of fulfilling the complex insurance needs of a significant public sector housing provider. Business growth prospects are robust, given the scope, value, and duration of the contract, ensuring a stable, long-term partnership.

How relevant is this notice?

Notice Title

Group Insurance Policy

Notice Description

Provision of Group Insurance Policy over an initial term of 3 years with 2 optional annual extensions. The Lots of this contract are: Lot 1 - General Insurance PortfolioLot 2- MotorLot 3 - Leaseholder

Lot Information

Property, business interruption, liability, engineering insurance and inspection services, personal accident, fidelity guarantee, construction related and other insurance

Open Tender

Renewal: 3 year initial term with 2 optional annual extensions

Lot 2 - Motor vehicle insurance

Open Tender

Renewal: Initial term of 3 years with 2 optional annual extensions

Leaseholders' insurance

Open Tender

Renewal: 3 year initial term with 2 optional annual extensions

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-048743
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/034944-2024
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

66000000 - Financial and insurance services

66510000 - Insurance services

66513000 - Legal insurance and all-risk insurance services

66513100 - Legal expenses insurance services

66513200 - Contractor's all-risk insurance services

66514110 - Motor vehicle insurance services

66515000 - Damage or loss insurance services

66515200 - Property insurance services

66516000 - Liability insurance services

66516100 - Motor vehicle liability insurance services

66516400 - General liability insurance services

66516500 - Professional liability insurance services

66517300 - Risk management insurance services

66518000 - Insurance brokerage and agency services

66518100 - Insurance brokerage services

66518200 - Insurance agency services

66518300 - Insurance claims adjustment services

66519310 - Insurance consultancy services

Notice Value(s)

Tender Value
£8,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£16,437,334 £10M-£100M

Notice Dates

Publication Date
29 Oct 20241 years ago
Submission Deadline
2 Sep 2024Expired
Future Notice Date
Not specified
Award Date
18 Oct 20241 years ago
Contract Period
1 Oct 2024 - 30 Sep 2029 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
Thirteen Housing Group Limited
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MIDDLESBROUGH
Postcode
TS2 1QG
Postcode Area
Cleveland
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC3 Tees Valley
Small Region (ITL 3)
TLC32 South Teesside
Delivery Location
TLC1 Tees Valley and Durham

Local Authority
Middlesbrough
Electoral Ward
Central
Westminster Constituency
Middlesbrough and Thornaby East

Supplier Information

Number of Suppliers
1
Supplier Name

Zurich Insurance Company Ltd trading as Zurich Municipal

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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