Award

Insurance Tender ( Provision of Insurance Contract & Services )

ARK HOUSING ASSOCIATION ( AND SUBSIDIARY COMPANIES ) 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

Tender

14 Dec 2017 at 00:00

Summary of the contracting process

The procurement process is led by ARK Housing Association (And Subsidiary Companies) and involves an open tender titled "Insurance Tender (Provision of Insurance Contract & Services)", focused on providing comprehensive insurance coverage, including combined liability, loss of rent, and terrorism risk among others, specifically for locations within Scotland. The tender is currently complete, with key dates including a bid opening on 22nd February 2018 and an award date of 1st April 2018. The buyer, located at The Priory, Canaan Lane, Edinburgh, UK, is actively seeking reliable insurance service providers to fulfil this contract.

This tender presents significant growth opportunities for insurance companies, underwriters, and related businesses, particularly those experienced in providing cover for housing associations and community amenities. Providers must maintain at least a "BBB" rating from Standard and Poors or AM Best to qualify, making it an excellent avenue for reputable firms seeking to expand their clientele in the public sector. The successful bidder will have the chance to engage in a contract valued at £133,000, with possibilities for renewal, thus ensuring long-term business prospects.

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Notice Title

Insurance Tender ( Provision of Insurance Contract & Services )

Notice Description

Combined Liability, Treatment Risk, Abuse, Building, Loss of Rent, Loss of Revenue, Alternative Accomodation, Terrorism, and other risks more fully described in the tender specification

Lot Information

Lot 1

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

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

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000522480
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=APR316345
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

66515000 - Damage or loss insurance services

66515100 - Fire insurance services

66515200 - Property insurance services

66516000 - Liability insurance services

66516400 - General liability insurance services

Notice Value(s)

Tender Value
£133,000 £100K-£500K
Lots Value
£133,000 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
10 Apr 20187 years ago
Submission Deadline
22 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

Contracting Authority (Buyer)

Main Buyer
ARK HOUSING ASSOCIATION ( AND SUBSIDIARY COMPANIES ) C/O RICHARD MCDONALD - BROKER FOR THE ASSOCIATION
Contact Name
Not specified
Contact Email
richard.mcdonald@brucestevenson.co.uk
Contact Phone
+44 1413533539

Buyer Location

Locality
EDINBURGH
Postcode
EH10 4SG
Post Town
Edinburgh
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM13 City of Edinburgh
Delivery Location
TLM84 North Lanarkshire

Local Authority
City of Edinburgh
Electoral Ward
Morningside
Westminster Constituency
Edinburgh South

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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