Award

Insurance Tender ( Provision of Insurance Contract & Services )

DRUMCHAPEL HOUSING CO-OPERATIVE C/O RICHARD MCDONALD - BROKER FOR THE ASSOCIATION

This public procurement record has 2 releases in its history.

Award

10 Apr 2018 at 00:00

OJEU - F3 - Contract Award Notice
Tender

29 Nov 2017 at 00:00

OJEU - F2 - Contract Notice
Summary of the contracting process

Drumchapel Housing Co-Operative, acting through Richard McDonald as the broker, has completed an open tender process for the provision of an Insurance Contract and Services, specifically targeting Buildings Insurance that includes Property Owners Liability and Loss of Rent/Alternative Accommodation for their rented stock and office building. The procurement process was initiated on 29th November 2017, with the tender period ending on 9th February 2018. The procurement is classified under the category of services and takes place in Glasgow, where the awarding authority is situated. This tender has a contract total valued at £47,000.

This insurance tender presents valuable opportunities for growth for businesses that specialise in insurance services, particularly those who can deliver comprehensive insurance solutions, including property owners' liability and rent-loss cover. Companies such as Insurance Providers, Lloyds of London Syndicates, and Managing General Agencies that possess a minimum "BBB" rating from Standard and Poors or AM Best are well positioned to compete. Engaging with this contract not only allows for potential recurring business, given its extended contract duration with renewal options, but also provides a chance to establish long-term relationships with a public sector client.

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Notice Information

Notice Title

Insurance Tender ( Provision of Insurance Contract & Services )

Notice Description

Buildings Insurance including Property Owners Liability, Loss of Rent / Alternative Accommodation for Rented Stock/Office building

Lot Information

Lot 1

Provision of Buildings Insurance including Loss of Rent / Alternative Accommodation / Property Owners Liability / Terrorism

Renewal: 36 months period with 2 extensions at the sole discretion of DHC of 24 months per each extension.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000517211
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=APR316488
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
OJEU - F3 - Contract Award 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

66515100 - Fire insurance services

66515200 - Property insurance services

Notice Value(s)

Tender Value
£47,000 Under £100K
Lots Value
£47,000 Under £100K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
10 Apr 20187 years ago
Submission Deadline
9 Feb 2018Expired
Future Notice Date
Not specified
Award Date
1 Apr 20187 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Not Specified
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DRUMCHAPEL HOUSING CO-OPERATIVE C/O RICHARD MCDONALD - BROKER FOR THE 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
G15 7SP
Post Town
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
Drumchapel/Anniesland
Westminster Constituency
Glasgow West

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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