This public procurement record has 3 releases in its history.

TenderUpdate

16 Aug 2024 at 12:14

TenderUpdate

16 Aug 2024 at 11:55

Tender

15 Aug 2024 at 12:20

Summary of the contracting process

HTS (Property & Environment) Limited is seeking to tender its insurance programme, which includes claims handling, covering various insurance services under CPV code 66510000. The procurement process is in the tender stage, with key deadlines updated recently: the submission of tenders has been extended to 30 September 2024, and tender opening will occur on 1 October 2024 at 08:00. The process covers several lots such as Property, Construction (Annual), Casualty, Computer, Motor Fleet, and Package insurance services. The contract period will run from 1 February 2025 to 31 January 2027, with an option to extend for a further three years (1+1+1). The location for the services is Rickmansworth, UK.

This tender presents a significant opportunity for businesses operating in the insurance industry, particularly those specialising in property, construction, casualty, computer, and motor fleet insurance. Companies with robust claims handling capabilities and experience in managing large insurance portfolios will find this tender attractive. Additionally, it is ideal for firms regulated by the Financial Conduct Authority and Market Act 2000 and holding an AM Best rating of BBB+ or equivalent. The flexible contract extension options provide a stable long-term growth avenue for successful bidders, making it a substantial business growth opportunity for well-qualified insurance providers.

How relevant is this notice?

Notice Title

Insurances Services including claims handling

Notice Description

It is the intention of HTS (Property & Environment) Limited to tender its insurance programme due for renewal on 1st February 2025.

Lot Information

Property

Property * material damage "All Risk" * Business Interruption * Goods in Transit

Renewal: The Contract will run for two years with an option to extend for a further three years, 1+1+1 making five years in total.

Construction (Annual)

Contractors All Risks

Renewal: The Contract will run for two years with an option to extend for a further three years, 1+1+1 making five years in total

Casualty

Casualty * Employers Liability * Public/Products Liability * Professional Indemnity * Fidelity Guarantee

Renewal: The Contract will run for two years with an option to extend for a further three years, 1+1+1 making five years in total.

Computer

Computer

Renewal: The Contract will run for two years with an option to extend for a further three years, 1+1+1 making five years in total.

Motor Fleet

Motor Fleet

Renewal: The Contract will run for two years with an option to extend for a further three years, 1+1+1 making five years in total.

Package

Package

Renewal: The Contract will run for two years with an option to extend for a further three years, 1+1+1 making five years in total.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-048b2c
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/026107-2024
Current Stage
Tender
All Stages
Tender

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
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

66513200 - Contractor's all-risk insurance services

66514110 - Motor vehicle insurance services

66515200 - Property insurance services

66516000 - Liability insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
16 Aug 20242 years ago
Submission Deadline
25 Sep 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Feb 2025 - 31 Jan 2027 1-2 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
HTS (Property and Environment) 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
RICKMANSWORTH
Postcode
WD3 3LH
Postcode Area
Watford
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH27 South West Hertfordshire
Delivery Location
TLH3 Essex

Local Authority
Three Rivers
Electoral Ward
Durrants
Westminster Constituency
South West Hertfordshire

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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