This public procurement record has 3 releases in its history.

Award

08 May 2025 at 14:05

TenderUpdate

04 Oct 2024 at 16:05

Tender

17 Sep 2024 at 16:05

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.

How relevant is this notice?

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 20251 years ago
Submission Deadline
21 Oct 2024Expired
Future Notice Date
Not specified
Award Date
31 Mar 20251 years ago
Contract Period
1 Apr 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
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SEAHAM
Postcode
SR7 7TT
Postcode Area
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
Dalton & Dawdon
Westminster Constituency
Easington

Supplier Information

Number of Suppliers
4
Supplier Names

Arthur J. Gallagher Insurance Brokers Ltd

Ashdale Engineering UK Ltd

Jensten Insurance Brokers (London and SE) Ltd

Zurich Municipal

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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