Notice Information
Notice Title
Insurance services contract extension
Notice Description
Plus Dane Housing Limited (Plus Dane) wish to extend its current insurance services contract for a further period of 1 year from 30 November 2025 to 30 November 2026.
Lot Information
Lot 1
Plus Dane Housing Limited (Plus Dane) wish to extend its current insurance services contract for a further period of 1 year from 30 November 2025 to 30 November 2026. The insurance services to be provided under the contract comprise of a programme of General Insurance and related services for Plus Dane Housing Ltd, excluding Motor Fleet risks. 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, Professional Indemnity, Fidelity Guarantee / Crime, Employment Practices Liability, Cyber and Terrorism.
Procurement Information
Plus Dane wishes to extend its existing insurance services contract with its incumbent insurance provider, Marsh Limited, for a period of 1 year to take advantage of the commercially advantageous rates being offered by Marsh. The period of the extension will run from 30 November 2025 to 30 November 2026. Plus Dane is of the view that it is entitled to award this contract extension to Marsh pursuant to Regulation 72(1)(b) of the Public Contracts Regulations 2015, on the following basis: 1. There is a clear economic reason why an alternative insurance provider should not be appointed to provide the services during the extension period instead of Marsh. This being the commercially advantageous rates that Marsh are prepared to offer Plus Dane for the extension period; 2. To appoint another insurance provider would therefore cause substantial duplication of costs for Plus Dane. It would also cause it significant inconvenience; and 3. The value of the proposed 1 year extension is no more than 50% of the total value of the original contract.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-04c152
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/040844-2024
- Current Stage
- Award
- All Stages
- Tender, Award
Procurement Classification
- Notice Type
- Tender Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Limited
- Procurement Method Details
- Award procedure without prior publication of a call for competition
- 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
Notice Value(s)
- Tender Value
- Not specified
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- £1,381,180 £1M-£10M
Notice Dates
- Publication Date
- 18 Dec 20241 years ago
- Submission Deadline
- Not specified
- Future Notice Date
- Not specified
- Award Date
- 29 Nov 20241 years ago
- Contract Period
- Not specified - Not specified
- Recurrence
- Not specified
Notice Status
- Tender Status
- Complete
- Lots Status
- Not Specified
- Awards Status
- Active
- Contracts Status
- Active
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- PLUS DANE HOUSING LIMITED
- Contact Name
- Catherine Bacon
- Contact Email
- catherine.bacon@plusdane.co.uk
- Contact Phone
- Not specified
Buyer Location
- Locality
- LIVERPOOL
- Postcode
- N/A
- Post Town
- Not specified
- Country
- Not specified
-
- Major Region (ITL 1)
- Not specified
- Basic Region (ITL 2)
- Not specified
- Small Region (ITL 3)
- Not specified
- Delivery Location
- TLD North West (England)
-
- Local Authority
- Not specified
- Electoral Ward
- Not specified
- Westminster Constituency
- Not specified
Further Information
Notice URLs
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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