Notice Information
Notice Title
Modification of Insurance and Related Services 2019 - 2024 to June 25
Notice Description
Non-life insurance services, including property insurance for owned properties; housing contents for supported housing tenancies; contracts works insurance; property insurance for office contents; computer equipment; business interruption; money; public liability; employers' liability; legal expenses; engineering inspection and insurance; fidelity guarantee; and motor fleet.
Lot Information
Lot 1
Key Housing Association (KHA) intends to extend the existing Insurance Provision contract due to end 1 June 24 to the 1 June 25 with Zurich Ltd who are the current insurance service Provider. This informed decision based on; the ongoing insurance marketplace uncertainty reflective of the post-Brexit economic environment, the far-reaching impact of the war in Ukraine, recent challenges faced by RSL's relating to all services, and the current cost-of-living pressures; while concurrently seeking to ensure effective continuity of our insurance services to meet our statutory regulatory requirements. The insurance market for social housing providers has always been quite restricted, however in the field of property and liability this has hardened severely and quickly since the start of 2023. This has been accelerated by the departure of two main insurance providers to the Sector over the last 6 months, meaning the already limited capacity is much reduced. This has resulted in unsustainable market conditions, and we have seen insurers react this year applying significant rate increases on Renewals during the first quarter of 2024. KHA intend to go out to the marketplace for a new contract for Insurance Provision and this procurement process will commence 2024 Q3 with a target effective date contract date of 1 June 2025.
Renewal: The contract will last for three years to 31 May 2022; with the possibility of a further two single year extensions through to 31 May 2024. The extension of the contract will be at the discretion of Key HA Senior Team.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-r6ebe6-0000578961
- Publication Source
- Public Contracts Scotland
- Latest Notice
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB499194
- Current Stage
- Award
- All Stages
- Tender, Award
Procurement Classification
- Notice Type
- OJEU - F20 - Modification Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Open
- Procurement Method Details
- Open procedure
- Tender Suitability
- Not specified
- Awardee Scale
- Large, 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
- £1,650,975 £1M-£10M
Notice Dates
- Publication Date
- 21 Feb 20242 years ago
- Submission Deadline
- 29 Apr 2019Expired
- Future Notice Date
- Not specified
- Award Date
- 1 Jun 20196 years ago
- Contract Period
- Not specified - Not specified
- Recurrence
- As outlined in the ITT
Notice Status
- Tender Status
- Complete
- Lots Status
- Complete
- Awards Status
- Not Specified
- Contracts Status
- Active
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- KEY HOUSING ASSOCIATION
- Contact Name
- Asa Brooks, Jim Kearns
- Contact Email
- info@keyhousing.org
- Contact Phone
- +44 1413421890
Buyer Location
- Locality
- GLASGOW
- Postcode
- G4 0HT
- 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
- TLM Scotland, TLM82 Glasgow City
-
- Local Authority
- Glasgow City
- Electoral Ward
- Anderston/City/Yorkhill
- Westminster Constituency
- Glasgow North
Further Information
Notice Documents
-
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=APR349982&idx=7
24th April 2019 - See attached Question No 5 & 6 - Responses as a new document upload -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=APR349982&idx=6
23rd April 2019 - Question No 4 - Responses -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=APR349982&idx=3
11th April 2019 - Appendix A - Key HA & Comm Lifestyle Pricing Schedule - Final -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=APR349982&idx=5
11th April 2019 - New Appendix A pricing schedule, please omit last one -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=APR349982&idx=1
1st April 2019 - KHA ITT- Insurance & Related Service 2019-2024 - Final -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=APR349982&idx=2
1st April 2019 - KHA - Insurance & Related Services 2019 -2024 - ESPD -
https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=APR349982&idx=4
1st April 2019 - KHA Supplementary Documentation -
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=APR349982
Insurance and Related Services 2019 - 2024 - Non-life insurance services, including property insurance for owned properties; housing contents for supported housing tenancies; contracts works insurance; property insurance for office contents; computer equipment; business interruption; money; public liability; employers' liability; legal expenses; engineering inspection and insurance; fidelity guarantee; and motor fleet. -
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP366750
Insurance and Related Services 2019 - 2024 - Non-life insurance services, including property insurance for owned properties; housing contents for supported housing tenancies; contracts works insurance; property insurance for office contents; computer equipment; business interruption; money; public liability; employers' liability; legal expenses; engineering inspection and insurance; fidelity guarantee; and motor fleet. -
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB499194
Modification of Insurance and Related Services 2019 - 2024 to June 25
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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