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Insurance Services

Bield Housing & Care

This public procurement record has 1 release in its history.

AwardUpdate

31 Mar 2021 at 01:00

OJEU - F20 - Modification Notice
Summary of the contracting process

Bield Housing & Care is currently involved in the procurement process for Insurance Services, with a notable focus on the social care sector in the UK. The procurement is in the award stage, having originally begun in 2016. This contract, which was initially set to expire on 31 March 2021, has been extended by an additional year following negotiations with the current providers, Thistle Insurance Services Ltd and Marsh Limited. The contract is valued at approximately GBP 2,627,247.51, with delivery expected within the region of Scotland.

This tender presents a significant growth opportunity for businesses specialising in insurance brokerage and related services. Companies that can provide tailored insurance solutions for the social care sector, especially those capable of navigating the complexities arising from recent regulatory changes and economic factors such as Brexit and COVID-19, would be well-suited to compete. Interested suppliers should be prepared for a forthcoming retendering process scheduled to commence in July 2021, as indicated by the contracting authority.

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Notice Information

Notice Title

Insurance Services

Notice Description

Lot Information

Lot 1

This contract was originally procured in 2016 for a 36-month period with a 24-month extension option, originally due to expire on 31 March 2021. It covers the brokerage and provision of Insurance Services for Bield Housing & Care, and was originally of an average yearly value of GBP460,086.54. This modification would add another 12 months to the period of the contract. Due to the impossibility of running a procurement exercise, this extension was directly negotiated with the incumbent provider.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000649397
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR410905
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
OJEU - F20 - Modification Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
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
£2,627,247 £1M-£10M

Notice Dates

Publication Date
31 Mar 20215 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
10 Feb 201610 years ago
Contract Period
1 Apr 2016 - 31 Mar 2021 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Bield Housing & Care
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
EDINBURGH
Postcode
EH7 4QF
Postcode Area
Edinburgh
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM13 City of Edinburgh
Delivery Location
TLM Scotland
Local Authority
City of Edinburgh
Electoral Ward
Leith Walk
Westminster Constituency
Edinburgh North and Leith

Supplier Information

Number of Suppliers
2
Supplier Names

Marsh Limited

Thistle Insurance Services Ltd

Further Information

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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