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Provision of a Tenants Contents Insurance Scheme

Falkirk Council

This public procurement record has 3 releases in its history.

Award

08 Sep 2025 at 08:32

Award Notice
TenderUpdate

21 Mar 2025 at 16:49

Tender Notice
Tender

07 Mar 2025 at 09:22

Tender Notice
Summary of the contracting process

Falkirk Council initiated an open procurement process for the provision of a Tenants Contents Insurance Scheme, aiming to secure related services, including claims handling, over a five-year contract period. This opportunity, classified under Insurance services (CPV code 66510000) and valued at approximately £1,000,000, is set in the UKM76 region. The contract was to be awarded based on the Most Economically Advantageous Tender with a weighting of 60% for price and 40% for quality. Initially, the deadline for tender submissions was 7th April 2025 but was later extended to 14th April 2025. Procurement was managed via an open procedure, and interested parties were advised to ensure compliance with applicable insurance and financial regulations by entities like the FCA.

This tender presents substantial opportunities for insurance brokers and direct providers experienced in executing and managing tenants' insurance schemes. Businesses adept at delivering comprehensive insurance services while adhering to stringent financial and regulatory standards are ideally suited for this tender. The requirement for a robust credit ranking and substantial employer’s liability insurance underscores the Council's focus on financial stability and risk management, making it a significant stepping stone for companies looking to expand their portfolio within the public sector insurance market. With community benefits in procurement highlighted, innovative firms prepared to contribute to local developments will have a competitive edge in securing this contract.

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Notice Information

Notice Title

Provision of a Tenants Contents Insurance Scheme

Notice Description

The contract is for the provision of Tenants Contents and related services, including claims handling, as required by Falkirk Council. Bids are invited from suitably qualified insurance brokers and direct providers for the entire scope of services. The Council is seeking to appoint an insurance supplier for the provision of Tenants Contents and related services for 5 years.

Lot Information

Lot 1

Provision of a Tenants Contents Insurance Scheme as set out within the Invitation to Tender Documents. Additional information: The intention of the Council that any Contract resulting from this ITT will be for a period of five years. The Contract will be awarded on the basis of the Most Economically Advantageous Tender with 40% of the overall evaluation score given to quality and 60% of the overall evaluation score given to price.

Renewal: When this contract comes to an end.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04ea5a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/054480-2025
Current Stage
Award
All Stages
Tender, Award

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

Notice Value(s)

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

Notice Dates

Publication Date
8 Sep 202511 months ago
Submission Deadline
7 Apr 2025Expired
Future Notice Date
Not specified
Award Date
8 Sep 202511 months ago
Contract Period
Not specified - Not specified
Recurrence
March 2030

Notice Status

Tender Status
Unsuccessful
Lots Status
Cancelled
Awards Status
Unsuccessful
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Falkirk Council
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LARBERT
Postcode
FK5 4RU
Postcode Area
Falkirk and Stirling
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM12 Falkirk
Delivery Location
TLM76 Falkirk
Local Authority
Falkirk
Electoral Ward
Bonnybridge and Larbert
Westminster Constituency
Alloa and Grangemouth

Further Information

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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