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Insurance work

MIDLAND HEART LIMITED

This public procurement record has 1 release in its history.

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04 Aug 2026 at 14:58

UK7 - Contract Details Notice
Summary of the contracting process

Midland Heart Limited procured services for valuing properties. The requirement sits within insurance-related services, with the stated purpose of producing property valuations. The work is associated with Midland Heart, a housing organisation based in Birmingham, and concerns its property portfolio. The selected supplier, Riskstop Group Limited, is based in Bournemouth. This opportunity is therefore relevant to firms providing property valuation services for housing providers, insurers or property portfolios, particularly businesses able to support insurance-related valuation requirements. It is not a construction, repair or general insurance underwriting contract: the defined service is property valuation. Suppliers whose core work is surveying, valuation and related insurance support would be the closest commercial fit for this requirement.

The procurement has been completed and awarded following a below-threshold limited competition. One lot was completed, and Riskstop Group Limited was selected for the contract. The contract was signed on 1 April 2026 and ran from 1 April 2026 to 1 June 2026. Its value was £50,000 excluding VAT, or £60,000 including VAT. The award is recorded as active and the contract is active. The procurement used a limited procedure rather than an open competition. The published data identifies the service category as insurance services and the requirement as property valuation. No award date is recorded separately from the contract signing date, so 1 April 2026 is the relevant recorded date for the completed appointment.

This procurement provides a clear indication of Midland Heart’s demand for property valuation work connected with insurance services. A competing supplier would need to demonstrate that it can value properties accurately and deliver work suitable for an institutional housing portfolio, rather than offering only generic insurance administration or underwriting. The requirement was fulfilled through a below-threshold limited competition, showing that relevant firms may need to be identifiable to the buyer and able to respond efficiently to a focused competition. Riskstop Group Limited is recorded as an SME, so the requirement was not limited to a national corporate provider. Specialist valuation businesses and smaller firms with credible property-sector capability would be the most relevant competitors when this buyer next considers comparable work.

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Notice Information

Notice Title

Insurance work

Notice Description

Valuation of properties.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06db7b
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/073782-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Below threshold - limited competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£50,000 Under £100K

Notice Dates

Publication Date
4 Aug 20262 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Apr 2026 - 1 Jun 2026 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
MIDLAND HEART 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
BIRMINGHAM
Postcode
B15 1LZ
Postcode Area
Birmingham
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
Not specified
Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

RISKSTOP GROUP LIMITED

Further Information

Notice Documents

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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