This public procurement record has 2 releases in its history.

Award

05 Jun 2025 at 08:40

Tender

13 Feb 2025 at 16:11

Summary of the contracting process

The Key Housing Association, located in Glasgow, is overseeing a procurement process for Insurance and Related Services, encompassing general insurance, claims handling, and programme maintenance. This contract commenced on 1st June 2025 and follows a competitive procedure with negotiation, accelerated due to unforeseen timescales. Interested parties should note the buying organisation is accepting electronic submissions and the tender phase includes key dates such as the invitation date of 3rd March 2025, with the end of the tender period set for 28th February 2025. The industry category for this procurement is insurance services, providing coverage for property, liability, business interruption, motor fleet, and engineering inspection insurance with potential contract extensions up to a total of five years.

This procurement presents valuable growth opportunities for skilled insurance brokers and direct insurers, particularly those with proven expertise in the sector. Businesses that can demonstrate robust financial standing, a proficient service team, and compliance with regulatory standards may find themselves well-positioned to compete. Moreover, meeting the criteria for delivering high-quality service and possessing experience in servicing similar organisations will be advantageous. With the contract awarded on the basis of the Most Economically Advantageous Tender, business entities that focus on both cost and quality might benefit substantially from this tender, potentially influencing local and regional markets due to the strategic importance of the client, Key Housing Association.

How relevant is this notice?

Notice Title

Insurance and Related Services 2025

Notice Description

The Contract is for the provision of general insurance and related services, including claims handling, loss control services and general programme maintenance and advice as required by Key Housing Association commencing 1st June 2025. A full Summary of Current Cover will be provided with the Invitation to Tender to selected bidders. Bids are invited from suitably qualified insurance brokers and direct providers for the entire scope of services. The procurement will follow the two-stage Competitive with Negotiation Procedure with a pre-qualifying stage based on completed SPDs and bidders will be selected on the basis of their capability, capacity and experience to perform the contract.

Lot Information

Insurance and related services associated with Motor Fleet as required by Key Housing Association

The scope of the Contract includes the provision of insurance cover, brokerage services (where applicable), professional advice, claims management and loss control services for motor fleet insurance as required by Key Housing Association for a period of three years commencing 01.06.2025, with the option to extend by up to a further two years at Key Housing Association's sole discretion. Bids are invited from suitably qualified and experienced insurance brokers and direct insurers. The Contract will follow the two-stage Competitive Procedure with Negotiation with bidders being selected on the basis of the responses contained in the pre qualifying SPD. Bidders will be expected have the capability, capacity, financial and economic standing and experience to perform the contract. SPDs must be completed in full with all relevant information supplied. The Contract will be awarded on the basis of Most Economically Advantageous Tender, with specific evaluation criteria detailed within the Invitation To Tender and contract documents Additional information: A Summary of Key's current insurances will be made available along with the Invitation to Tender. Bidders are required to submit the appropriate SPD, completed in full in order to be considered for Stage 2 of the procurement

Renewal: The contract will be for an initial three year period with the option to extend for a further two years at Key Housing Assocation's sole discretion. Renewal will be sought at the end of the three or five year period.

Insurance and related services associated with Engineering Inspection and Insurance as required by Key Housing Association

The scope of the Contract includes the provision of insurance cover, brokerage services (where applicable), professional advice, claims management and loss control services for Engineering Inspection and Insurance as required by Key Housing Association for a period of three years commencing 01.06.2025, with the option to extend by up to a further two years at Key Housing Association's sole discretion. Bids are invited from suitably qualified and experienced insurance brokers and direct insurers. The Contract will follow the two-stage Competitive Procedure with Negotiation with bidders being selected on the basis of the responses contained in the pre-qualifying SPD. Bidders will be expected have the capability, capacity, financial and economic standing and experience to perform the contract. SPDs must be completed in full with all relevant information supplied. The Contract will be awarded on the basis of Most Economically Advantageous Tender, with specific evaluation criteria detailed within the Invitation To Tender and contract documents. Additional information: A Summary of Key Housing Association's current insurances will be made available along with the Invitation to Tender. Bidders are required to submit the appropriate SPD, completed in full in order to be considered for Stage 2 of the procurement

Renewal: The contract will be for an initial three year period with the option to extend for a further two years at Key Housing Association sole discretion. Renewal will be sought at the end of the three or five year period.

Insurance for Property, Liability & related Business Interruption risks

The scope of the Contract includes the provision of insurance cover, brokerage services (where applicable), professional advice, claims management and loss control services for property, legal liabilities and other general insurances as required by Key Housing Association for a period of three years commencing 01.06.2025, with the option to extend by up to a further two years at Key Housing Association's sole discretion. Bids are invited from suitably qualified and experienced insurance brokers and direct insurers. The Contract will follow the two-stage Competitive Procedure with Negotiation with bidders being selected on the basis of the responses contained in the pre qualifying SPD. Bidders will be expected have the capability, capacity, financial and economic standing and experience to perform the contract. SPDs must be completed in full with all relevant information supplied. The Contract will be awarded on the basis of Most Economically Advantageous Tender, with specific evaluation criteria detailed within the Invitation To Tender and contract documents Additional information: A Summary of Key's current insurances will be made available along with the Invitation to Tender. Bidders are required to submit the appropriate SPD, completed in full in order to be considered for Stage 2 of the procurement

Renewal: The contract will be for an initial three year period with the option to extend for a further two years at Key Housing Assocation's sole discretion. Renewal will be sought at the end of the three or five year period.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04dedb
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/030070-2025
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


CPV Codes

66510000 - Insurance services

66515200 - Property insurance services

66516000 - Liability insurance services

66516400 - General liability insurance services

66516500 - Professional liability insurance services

66518100 - Insurance brokerage services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£1,140,000 £1M-£10M

Notice Dates

Publication Date
5 Jun 20251 years ago
Submission Deadline
28 Feb 2025Expired
Future Notice Date
Not specified
Award Date
1 Jun 20251 years ago
Contract Period
Not specified - Not specified
Recurrence
Between three or five years, from the date of this notice.

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
Key Housing Association
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
G4 0HT
Postcode Area
Glasgow
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM82 Glasgow City

Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North

Supplier Information

Number of Suppliers
1
Supplier Name

Zurich

Open Contracting Data Standard (OCDS)

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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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