Award

Provision of Insurance Services for Right to Buy Properties 2021-24(25)

NORTH LANARKSHIRE COUNCIL

This public procurement record has 1 release in its history.

Award

27 Oct 2021 at 00:00

PCS Notice - Website Contract Award Notice
Summary of the contracting process

The North Lanarkshire Council has recently completed a procurement process for the provision of insurance services for Right to Buy properties, titled "Provision of Insurance Services for Right to Buy Properties 2021-24(25)". This open procedure was initiated to secure a block insurance policy for approximately 2,240 policyholders, with the contract award recognised on 27th October 2021. The geographic scope of the contract includes services delivered within North Lanarkshire, with a total contract value amounting to £1,284,774.27. The award of the contract was granted to Zurich Municipal following an evaluation of bids, which received one submission. The contract was formalised on 8th April 2021.

This tender presents a significant opportunity for businesses in the insurance sector, particularly those specialising in property insurance and risk management services. Companies that possess experience in managing block insurance policies or serving local authorities would be particularly well-suited to compete for future contracts of this nature, potentially leading to long-term contracts with public sector organisations. The tender may also attract larger entities with the capacity to handle substantial policyholder volumes, which can foster collaboration and partnerships within the insurance industry.

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Notice Information

Notice Title

Provision of Insurance Services for Right to Buy Properties 2021-24(25)

Notice Description

The Council is seeking award a "Call-off" Contract for the renewal of its existing contract cover for the Provision of a Block Insurance Policy to provide Buildings Insurance Cover for approximately 2240 Right to Buy Policyholders

Lot Information

Lot 1

The Council is seeking award a "Call-off" Contract for the renewal of its existing contract cover for the Provision of a Block Insurance Policy to provide Buildings Insurance Cover for approximately 2240 Right to Buy Policyholders

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000671728
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT431378
Current Stage
Award
All Stages
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

66510000 - Insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£1,284,774 £1M-£10M

Notice Dates

Publication Date
27 Oct 20214 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
8 Apr 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
NORTH LANARKSHIRE COUNCIL
Contact Name
Alison Docherty
Contact Email
dochertyal@northlan.gov.uk
Contact Phone
+44 1698403944

Buyer Location

Locality
MOTHERWELL
Postcode
ML1 1AB
Post Town
Motherwell
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM34 North Lanarkshire
Delivery Location
TLM84 North Lanarkshire
Local Authority
North Lanarkshire
Electoral Ward
Motherwell South East and Ravenscraig
Westminster Constituency
Motherwell, Wishaw and Carluke

Supplier Information

Number of Suppliers
1
Supplier Name

ZURICH MUNICIPAL

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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