Award

Provision of Insurance and related services to Believe Housing Limited

BELIEVE HOUSING LIMITED

This public procurement record has 3 releases in its history.

Award

08 May 2025 at 13:05

TenderUpdate

04 Oct 2024 at 15:05

Tender

17 Sep 2024 at 15:05

Summary of the contracting process

Believe Housing Limited has successfully completed a procurement process for the provision of insurance and related services. The contract, which was initiated as a tender, has been awarded within the scope of CPV 66510000, relating to insurance services. This process involved a competitive procedure with negotiation (selective procurement method) and concluded on 8th May 2025. The services are primarily aimed at managing a diverse array of insurable risks, including property liability and cyber risks, among others. The procurement was split into multiple lots, focusing on distinct insurance needs within the United Kingdom. The contract enables Believe Housing Ltd., based in Seaham, to partner with various firms such as Zurich Municipal and Arthur J. Gallagher Insurance Brokers Ltd. after a robust evaluation of bids.

This tender opens significant avenues for business growth, particularly for firms specialising in insurance brokerage, risk management, and insurance provision across general (non-life) categories. Companies equipped with a sound understanding of property insurance, engineering inspection, and cyber risk assessment that meet the necessary regulatory requirements will find this an apt opportunity to expand their service offerings. Small to medium-sized enterprises can also compete, given their ability to tailor services and provide agile solutions in accordance with specific lots, highlighting their distinctive expertise in various insurance services. With a contract period extendable up to five years, successful providers can secure a long-term business relationship with a public body like Believe Housing Limited, providing stable revenue streams and potential expansion in related sectors.

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Notice Title

Provision of Insurance and related services to Believe Housing Limited

Notice Description

Provision of General (non-life) Insurance and related services to Believe Housing Limited

Lot Information

Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Believe Housing Limited

A programme of General (non-life) insurance and related services for Believe Housing Limited. 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 Believe Housing Limited. This Lot excludes: Motor (See Lot 2), Engineering (See Lot 3), Cyber (See Lot 4), Terrorism Pool-Re (See Lot 5), Terrorism (Non-Pool Re) (See Lot 6) and Directors' and Officers' Liability (Lot 7) Additional information: For more information about this opportunity, please visit: https://www.delta-esourcing.com/tenders/UK-UK-Seaham:-Insurance-services./5Z2A357964

Options: Believe Housing Limited 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: Believe Housing Limited 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 for Motor Fleet Risks for Believe Housing Limited

Insurance and related services for Motor Fleet Risks for Believe Housing Limited. Additional information: For more information about this opportunity, please visit:https://www.delta-esourcing.com/tenders/UK-UK-Seaham:-Insurance-services./5Z2A357964

Options: Believe Housing Limited 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: Believe Housing Limited 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 Engineering Insurance and Inspection for Believe Housing Limited

Insurance and related services associated with Engineering Insurance and Inspection for Believe Housing Limited. Additional information: For more information about this opportunity, please visit: https://www.delta-esourcing.com/tenders/UK-UK-Seaham:-Insurance-services./5Z2A357964

Options: Believe Housing Limited 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: Believe Housing Limited 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 Believe Housing Limited

Insurance and related services associated with Cyber Risks for Believe Housing Limited. Additional information: For more information about this opportunity, please visit: https://www.delta-esourcing.com/tenders/UK-UK-Seaham:-Insurance-services./5Z2A357964

Options: Believe Housing Limited 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: Believe Housing Limited 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) for Believe Housing Limited

Insurance and related services associated with Terrorism risks (Pool-Re) for Believe Housing Limited. Additional information: For more information about this opportunity, please visit: https://www.delta-esourcing.com/tenders/UK-UK-Seaham:-Insurance-services./5Z2A357964

Options: Believe Housing Limited 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: Believe Housing Limited 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) / Political Violence risks for Believe Housing Limited

Insurance and related services associated with Terrorism Non Pool-Re/Political Violence for Believe Housing Limited. Additional information: For more information about this opportunity, please visit: https://www.delta-esourcing.com/tenders/UK-UK-Seaham:-Insurance-services./5Z2A357964

Options: Believe Housing Limited 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: Believe Housing Limited 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 risks for Believe Housing Limited

Insurance and related services associated with Directors' and Officers' for Believe Housing Limited. Additional information: For more information about this opportunity, please visit: https://www.delta-esourcing.com/tenders/UK-UK-Seaham:-Insurance-services./5Z2A357964

Options: Believe Housing Limited 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: Believe Housing Limited 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-049ba3
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/019746-2025
Current Stage
Award
All Stages
Tender, Award

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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

71 - Architectural, construction, engineering and inspection services


CPV Codes

66000000 - Financial and insurance services

66510000 - 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

66515100 - Fire insurance services

66515200 - Property insurance services

66515410 - Financial loss insurance services

66515411 - Pecuniary loss 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

66519200 - Engineering insurance services

71631000 - Technical inspection services

71631100 - Machinery-inspection services

71632200 - Non-destructive testing services

Notice Value(s)

Tender Value
£5,000,000 £1M-£10M
Lots Value
£5,875,000 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
8 May 20259 months ago
Submission Deadline
21 Oct 2024Expired
Future Notice Date
Not specified
Award Date
30 Mar 202510 months ago
Contract Period
31 Mar 2025 - 31 Mar 2028 3-4 years
Recurrence
Between 3 or 5 years from the date of this Notice

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
BELIEVE HOUSING LIMITED
Contact Name
Our Consultant for this Project is Gibbs Laidler Consulting LLP
Contact Email
jeremy.flint@gibbslaidler.co.uk
Contact Phone
+44 1959562242

Buyer Location

Locality
SEAHAM
Postcode
SR7 7TT
Post Town
Sunderland
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC41 Durham
Delivery Location
Not specified

Local Authority
County Durham
Electoral Ward
Dawdon
Westminster Constituency
Easington

Supplier Information

Number of Suppliers
4
Supplier Names

ARTHUR J. GALLAGHER INSURANCE BROKERS

ASHDALE ENGINEERING

JENSTEN INSURANCE BROKERS (LONDON AND

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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                    "description": "Believe Housing Limited 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."
                },
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                },
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                    "description": "Believe Housing Limited 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."
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                "status": "cancelled",
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                        "scheme": "CPV",
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                    {
                        "scheme": "CPV",
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                        "scheme": "CPV",
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                    },
                    {
                        "scheme": "CPV",
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                    },
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                    },
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                        "scheme": "CPV",
                        "id": "66516000",
                        "description": "Liability insurance services"
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                ],
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                ],
                "deliveryAddresses": [
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                "deliveryLocation": {
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                        "scheme": "CPV",
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                        "description": "Insurance services"
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                        "scheme": "CPV",
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                ],
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                        "description": "Insurance services"
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                "deliveryLocation": {
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        ],
        "submissionMethod": [
            "electronicSubmission",
            "written"
        ],
        "submissionMethodDetails": "https://www.delta-esourcing.com/tenders/UK-UK-Seaham:-Insurance-services./5Z2A357964",
        "selectionCriteria": {
            "criteria": [
                {
                    "type": "suitability",
                    "description": "Potential suppliers will be required to provide an overview of relevant services provided to property owners, property developers, public sector organisations, social landlords or other similar organisations over the past 5 years, plus details of three clients currently receiving similar services. Potential suppliers will be asked to evidence permissions by the FCA, PRA or other appropriate regulatory authority indicating the types of insurance/service the bidder is authorised to arrange or provide.",
                    "appliesTo": [
                        "supplier"
                    ]
                },
                {
                    "type": "economic",
                    "description": "The tender documents will require providers to produce financial information in relation to the type of services offered, including but not limited to 3 years reports and accounts.",
                    "minimum": "The financial ability to deliver the programme, including Insurers with a minimum rating of 'BBB' from standard and poor, 'B++' from A M best, or an equivalent rating by an independent and reputable credit rating agency and approved by the bidder's market security committee. In the case of any rating less than A-, the contracting authority will evaluate and accept the nominated insurer(s) at its sole discretion, subject to disclosure and acceptance prior to the ITT bid deadline of the bidder's market security committee's latest report, including written recommendation from the bidder's market security committee.",
                    "appliesTo": [
                        "supplier"
                    ]
                },
                {
                    "type": "technical",
                    "description": "The tender documents will require providers to detail their relevant professional experience, resource,skills,qualifications and quality control practices.",
                    "appliesTo": [
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                    ]
                },
                {
                    "type": "technical",
                    "description": "For Insurance services, Insurers authorised under the Financial services and Markets Act 2000, Insurance Companies Act 1982 (and any other statutory modifications there of) and regulated by the Prudential regulation authority, UK Financial conduct authority, or equivalent in another member state of the European economic area. Insurance brokers registered with and regulated by the Financial conduct authority."
                }
            ]
        },
        "otherRequirements": {
            "requiresStaffNamesAndQualifications": true
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        "procurementMethod": "selective",
        "procurementMethodDetails": "Competitive procedure with negotiation",
        "secondStage": {
            "successiveReduction": true,
            "noNegotiationNecessary": true,
            "invitationDate": "2024-10-22T00:00:00+01:00"
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            "bidValidityPeriod": {
                "endDate": "2025-03-31T23:59:59+01:00"
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        },
        "hasRecurrence": true,
        "contractTerms": {
            "electronicInvoicingPolicy": "allowed",
            "hasElectronicPayment": true
        },
        "reviewDetails": "The Contracting Authority will enter into this contract following a 10 calendar day standstill period starting on the day after the notification of the result. The Public Contracts Regulations 2015 provide for aggrieved parties who have been harmed or who are at risk of harm by a breach of the Regulations to bring proceedings in the High Court. Any such proceedings must be brought within the limitation period specified by the Regulations according to the remedy sought.",
        "recurrence": {
            "description": "Between 3 or 5 years from the date of this Notice"
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        "amendments": [
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                "id": "1",
                "unstructuredChanges": [
                    {
                        "oldValue": {
                            "text": "Tenders may be submitted for: All lots"
                        },
                        "newValue": {
                            "text": "Tenders may be submitted for: 7 lots"
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                        "where": {
                            "section": "II.1.6",
                            "label": "II.1.6"
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                ],
                "description": "For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Seaham:-Insurance-services./5Z2A357964 To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/5Z2A357964 GO Reference: GO-2024104-PRO-27922749"
            }
        ]
    },
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                "locality": "Seaham",
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                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Our Consultant for this Project is Gibbs Laidler Consulting LLP",
                "telephone": "+44 1959562242",
                "email": "jeremy.flint@gibbslaidler.co.uk",
                "url": "https://www.delta-esourcing.com/tenders/UK-UK-Seaham:-Insurance-services./5Z2A357964"
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            "dateSigned": "2025-03-31T00:00:00+01:00"
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            "title": "Insurance and related services associated with Directors' and Officers' Liability risks for Believe Housing Limited",
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                "measure": "highestValidBidValue",
                "relatedLot": "4",
                "value": 120000,
                "currency": "GBP"
            },
            {
                "id": "36",
                "measure": "highestValidBidValue",
                "relatedLot": "6",
                "value": 150000,
                "currency": "GBP"
            },
            {
                "id": "39",
                "measure": "highestValidBidValue",
                "relatedLot": "7",
                "value": 70000,
                "currency": "GBP"
            },
            {
                "id": "21",
                "measure": "lowestValidBidValue",
                "value": 3300000,
                "currency": "GBP"
            },
            {
                "id": "22",
                "measure": "highestValidBidValue",
                "value": 3600000,
                "currency": "GBP"
            }
        ]
    }
}