Award

Material Damage/Buildings Insurance for New Gorbals Fatored Owners

NEW GORBALS HOUSING ASSOCIATION C/O BRUCE STEVENSON INSURANCE BROKERS LTD

This public procurement record has 2 releases in its history.

Award

01 Apr 2020 at 00:00

Tender

16 Dec 2019 at 00:00

Summary of the contracting process

The New Gorbals Housing Association, in partnership with Bruce Stevenson Insurance Brokers Ltd, has initiated a tender for "Material Damage/Buildings Insurance for New Gorbals Fatored Owners," which falls under the housing and community amenities category. This procurement, located in Glasgow, is currently in the award stage. The contract was signed on 31st March 2020, with a total value of £220,000. The procurement was carried out through an open procedure and includes key aspects such as property owners' liability and coverage for loss of rent or alternative accommodation.

This contract presents a significant opportunity for businesses in the insurance sector, especially those specialising in material damage and buildings insurance, including insurance companies and underwriters. Businesses with a strong insurance rating, like those rated A by Standard & Poor's or comparable agencies, would be particularly well-suited to compete. With this contract offering possibilities for renewals, suppliers interested in long-term engagements can position themselves favourably in the market.

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Notice Title

Material Damage/Buildings Insurance for New Gorbals Fatored Owners

Notice Description

Material Damage/Buildings Insurance including Loss of Rent/Alternative Accommodation and Property Owners Liability

Lot Information

Lot 1

Material Damage/Buildings Insurance for New Gorbals Factored Owners including Loss of Rent/Alternative Accommodation and Property Owners Liability. Excludes Insurance Broking Services

Renewal: 1 x 12 months, 2 x 12 months or 1 x 24 months

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000607886
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=APR384738
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

66515200 - Property insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£220,000 £100K-£500K

Notice Dates

Publication Date
1 Apr 20205 years ago
Submission Deadline
20 Jan 2020Expired
Future Notice Date
Not specified
Award Date
31 Mar 20205 years ago
Contract Period
Not specified - Not specified
Recurrence
36 months

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NEW GORBALS HOUSING ASSOCIATION C/O BRUCE STEVENSON INSURANCE BROKERS LTD
Contact Name
Not specified
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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