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SLC, Tenants Contents Insurance

South Lanarkshire Council

This public procurement record has 2 releases in its history.

Award

26 Jul 2018 at 01:00

PCS Notice - Website Contract Award Notice
Tender

18 May 2018 at 01:00

PCS Notice - Website Contract Notice
Summary of the contracting process

South Lanarkshire Council is inviting tenders for a new concession contract titled "SLC, Tenants Contents Insurance," aimed at providing a tailored insurance product for tenants. The contract, estimated at £11,000,000, is set to commence on 1 October 2018, following a tender period that closed on 15 June 2018. This open procurement process falls within the services category, specifically addressing housing and community amenities within the South Lanarkshire area. The buyer organisation is located at Council Headquarters, Almada Street, Hamilton, postal code ML3 0AA, UK, and can be contacted via Irene Peacock at +44 1698454793.

This procurement opportunity represents significant business growth potential for both direct insurers and insurance brokers/intermediaries. Companies capable of offering competitive premiums and a quality coverage product designed for tenants' specific needs will find this contract advantageous. Interested prospects should be prepared to meet the robustness criteria set forth by the council, which includes stringent financial and insurance qualifications to ensure compliance and reliability in service delivery.

How relevant is this notice?

Notice Information

Notice Title

SLC, Tenants Contents Insurance

Notice Description

The Council wish to award a single provider concession contract for the implementation of a new tenant's contents insurance scheme starting on 1 October 2018 The aim is to offer tenants a quality insurance product specifically designed to meet their needs, which is competitively priced against what is available in the market, both in terms of premiums, level of cover and excesses. It is important that the scheme reflects the intended market and overall requirement to assist the council in reducing financial exclusion. Tenders are welcome from both direct insurers and from brokers/intermediaries.

Lot Information

Lot 1

The Council wish to award a single provider concession contract for the implementation of a new tenant's contents insurance scheme starting on 1 October 2018 The aim is to offer tenants a quality insurance product specifically designed to meet their needs, which is competitively priced against what is available in the market, both in terms of premiums, level of cover and excesses. It is important that the scheme reflects the intended market and overall requirement to assist the council in reducing financial exclusion. Tenders are welcome from both direct insurers and from brokers/intermediaries.. The contract has a Council only option to extend for a further 12 months after the expiry of the initial term subject to satisfactory performance, financial standing and available funding.

Renewal: The contract will be renewed following the end of the contract.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000542934
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUL326311
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
PCS Notice - Website Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£11,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£792,000 £500K-£1M

Notice Dates

Publication Date
26 Jul 20188 years ago
Submission Deadline
15 Jun 2018Expired
Future Notice Date
Not specified
Award Date
25 Jul 20188 years ago
Contract Period
Not specified - Not specified
Recurrence
Further notice will be published May 2023

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
South Lanarkshire 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
HAMILTON
Postcode
ML3 0AA
Postcode Area
Motherwell
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM9 Southern Scotland
Small Region (ITL 3)
TLM95 South Lanarkshire
Delivery Location
TLM95 South Lanarkshire
Local Authority
South Lanarkshire
Electoral Ward
Hamilton North and East
Westminster Constituency
Hamilton and Clyde Valley

Supplier Information

Number of Suppliers
2
Supplier Names

Aon UK

South Lanarkshire Council

Further Information

Notice Documents

  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY319508
    SLC, Tenants Contents Insurance - The Council wish to award a single provider concession contract for the implementation of a new tenant's contents insurance scheme starting on 1 October 2018 The aim is to offer tenants a quality insurance product specifically designed to meet their needs, which is competitively priced against what is available in the market, both in terms of premiums, level of cover and excesses. It is important that the scheme reflects the intended market and overall requirement to assist the council in reducing financial exclusion. Tenders are welcome from both direct insurers and from brokers/intermediaries.
  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUL326311
    SLC, Tenants Contents Insurance - The Council wish to award a single provider concession contract for the implementation of a new tenant's contents insurance scheme starting on 1 October 2018 The aim is to offer tenants a quality insurance product specifically designed to meet their needs, which is competitively priced against what is available in the market, both in terms of premiums, level of cover and excesses. It is important that the scheme reflects the intended market and overall requirement to assist the council in reducing financial exclusion. Tenders are welcome from both direct insurers and from brokers/intermediaries.

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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