Award

Material Damage/Buildings Insurance for Reidvale HA

REIDVALE HOUSING ASSOCIATION C/O BRUCE STEVENSON INSURANCE BROKERS LTD

This public procurement record has 2 releases in its history.

Award

04 May 2021 at 00:00

PCS Notice - Website Contract Award Notice
Tender

23 Feb 2021 at 00:00

PCS Notice - Website Contract Notice
Summary of the contracting process

The procurement process involves Reidvale Housing Association, in collaboration with Bruce Stevenson Insurance Brokers Ltd, seeking bids for "Material Damage/Buildings Insurance". The tender falls under the services category within the housing and community amenities industry. This open procedure is currently in the award stage, with the contract having been signed on 31st March 2021. The original bidding period concluded on 25th March 2021, providing a valuable opportunity for interested parties within the Glasgow area (postal code G4 9JT) to engage in this procurement.

This contract presents significant growth opportunities for firms in the insurance sector, particularly those specialising in material damage and property owners' liability insurance. Companies such as insurance underwriters, Lloyd's of London syndicates, and managing general agents, particularly those with an A rating from Standard & Poor's or similar agencies, would be well-positioned to compete in this tender. The exclusion of insurance brokers further refines the potential competition and creates scope for direct insurance providers to establish or expand their market presence in the region.

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Notice Information

Notice Title

Material Damage/Buildings Insurance for Reidvale HA

Notice Description

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

Lot Information

Lot 1

Material Damage/Buildings Insurance including Loss of Rent/Alternative Accommodation and Property Owners Liability. Excludes Insurance Broking services

Renewal: 2 x 12 months or 1 x 24 months

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000645195
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY413570
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

66515200 - Property insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£83,083 Under £100K

Notice Dates

Publication Date
4 May 20214 years ago
Submission Deadline
25 Mar 2021Expired
Future Notice Date
Not specified
Award Date
31 Mar 20214 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
REIDVALE 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

DIRECT LINE GROUP

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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