This public procurement record has 2 releases in its history.

Award

04 Jun 2020 at 01:00

Tender

03 Feb 2020 at 00:00

Summary of the contracting process

The procurement process involves Link Group, facilitated by Bruce Stevenson Insurance Brokers, seeking insurance services (excluding insurance broking) in Glasgow, UK. The tender is set within the housing and community amenities sector and is currently in the Planning stage with a deadline for submissions on 9th March 2020. The procurement method is an open procedure, and the tender title is "Insurance Services for Link Group." Key deliverables include materials for damage, loss of rent, property owners liability, and various insurance packages for motor fleets and contractors.

This tender presents significant growth opportunities for businesses operating in the insurance sector, particularly for those companies that provide services such as underwriting, reinsurance, and risk assessment. Potential bidders ideal for this contract include insurance companies, underwriters, and managing general agents who are authorised and regulated by the Financial Conduct Authority. Firms with partnerships or affiliations with Lloyds of London Syndicates may also find advantageous prospects here, contributing to their business expansion and customer base within the public sector.

How relevant is this notice?

Notice Title

Insurance Services for Link Group (excluding Insurance Broking)

Notice Description

Material Damage, Loss of Rent/Alternative Accomodation & Property Owners Liability, Commercial Combined Package, Motor Fleet, Contractors All Risks Insurance

Lot Information

Material Damage, Loss of Rent/Alternative Accomodation and Property Owners Liability

Buildings Insurance including Housing, Office & Commercial/Retail units; Loss of Rent/Alternative Accommodation and Property Owners Liability

Renewal: LTA Options 36 months 36 months with option for further 24 months 60 Months 60 months with option for further 24 months

Commercial Combined Package

Commercial Combined Package including Contents & BI, All Risks, EL & PL, Money and associated covers

Renewal: LTA Options 36 months 36 months with option for further 24 months 60 Months 60 months with option for further 24 months

Motor Fleet Insurance

Motor Fleet Insurance

Renewal: LTA Options 36 months 36 months with option for further 24 months 60 Months 60 months with option for further 24 months

Contractors All Risks Insurance

Contractors All Risks/Works In Progress Insurance

Renewal: LTA Options 36 months 36 months with option for further 24 months 60 Months 60 months with option for further 24 months

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000612786
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN387711
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
Large

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
£684,000 £500K-£1M

Notice Dates

Publication Date
4 Jun 20206 years ago
Submission Deadline
9 Mar 2020Expired
Future Notice Date
Not specified
Award Date
27 Apr 20206 years ago
Contract Period
28 Apr 2020 - 27 Apr 2023 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Unsuccessful
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
Link Group c/o Bruce Stevenson Insurance Brokers
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
G4 9JT
Postcode Area
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

Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North

Supplier Information

Number of Suppliers
2
Supplier Names

Avid Insurance

NMU Ltd

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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