Award

Insurance Tender (Provision of Insurance Contract & Ancillary Services)

YOKER HOUSING ASSOCIATION C/O BRUCE STEVENSON INSURANCE BROKERS LTD

This public procurement record has 2 releases in its history.

Award

16 Apr 2019 at 00:00

Tender

15 Jan 2019 at 00:00

Summary of the contracting process

The procurement process involves Yoker Housing Association, facilitated by Bruce Stevenson Insurance Brokers Ltd, for an Insurance Tender focusing on the provision of an insurance contract and ancillary services related to material damage, buildings insurance, loss of rent, and property owners liability. This contract falls under the housing and community amenities category and is located in Glasgow, UK. The procurement method adopted is an open procedure, with key dates including the completion of the award process on 15th April 2019 and the initial tender opening on 25th March 2019. Suppliers submitted bids by 22nd February 2019, indicating a structured timeline for engagement.

This tender presents a significant opportunity for growth in the insurance sector, particularly appealing to businesses such as insurance companies, underwriters, Lloyd’s of London syndicates, coverholders, and managing general agents that are authorised and regulated by the Financial Conduct Authority. With the requirement for insurers to hold a minimum A rating from recognised rating agencies, firms in the insurance domain that meet these qualifications are well-positioned to compete for this lucrative contract, which is valued at £67,000.

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Notice Title

Insurance Tender (Provision of Insurance Contract & Ancillary Services)

Notice Description

Material Damage, Buildings Insurance including Loss of Rent/Alternative Accommodation including Property Owners Liability. Insurance Broking is excluded.

Lot Information

Lot 1

Material Damage, Buildings Insurance including Loss of Rent/Alternative Accommodation and Property Owners Liability. Insurance Broking is excluded.

Renewal: 3 year LTA with an option to extend for a further 12 or 24 months at the discretion of YHA

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000569420
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=APR351714
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

66515100 - Fire insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£67,000 Under £100K

Notice Dates

Publication Date
16 Apr 20196 years ago
Submission Deadline
22 Feb 2019Expired
Future Notice Date
Not specified
Award Date
15 Apr 20196 years ago
Contract Period
Not specified - Not specified
Recurrence
December 2022 or 2024

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
YOKER HOUSING ASSOCIATION C/O BRUCE STEVENSON INSURANCE BROKERS LTD
Contact Name
Steven Young
Contact Email
steven.young@brucestevenson.co.uk
Contact Phone
+44 1413533539

Buyer Location

Locality
GLASGOW
Postcode
G4 9JT
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
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North

Supplier Information

Number of Suppliers
1
Supplier Name

AVID INSURANCE

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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