Award

Insurance Tender ( Provision of Insurance Contract & Services )

OCHIL VIEW HOUSING ASSOCIATION C/O RICHARD MCDONALD - BROKER FOR THE ASSOCIATION

This public procurement record has 2 releases in its history.

Award

22 Jun 2022 at 00:00

Tender

29 Nov 2021 at 00:00

Summary of the contracting process

The Ochil View Housing Association, based in Mashill, Alloa, is currently involved in the procurement process for an insurance contract aimed at covering buildings insurance, including property owners' liability, loss of rent, and alternative accommodation for rented stock, factored owners, and shared owners. The tender, titled "Insurance Tender (Provision of Insurance Contract & Services)," is classified under the housing and community amenities sector and is executed through an open procurement method. The tender period ended on 10 February 2022, while the contract was awarded to Avid Insurance Services Ltd on 17 April 2022, valued at £122,222.

This procurement presents significant opportunities for growth, particularly for businesses in the insurance sector, including insurance companies, underwriters, and agencies with at least an "A" rating from Standard & Poor’s or AM Best. Companies that offer specialised services in property insurance and are capable of meeting the technical and suitability criteria will find this tender particularly relevant. The open nature of the tender allows a diverse range of suppliers to compete, increasing the chances for small and medium enterprises (SMEs) to engage and establish partnerships with a reputable housing association.

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Notice Title

Insurance Tender ( Provision of Insurance Contract & Services )

Notice Description

Buildings Insurance including Property Owners Liability, Loss of Rent and Alternative Accommodation for Rented Stock / Factored Owners / Shared Owners

Lot Information

Lot 1

All Risk building insurance Property Owners Liability insurance Loss of Rent / Alternative Accommodation Costs

Renewal: 36 months plus 2 x 2 years extension at OVHA discretion.

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000673046
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN451942
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

66518300 - Insurance claims adjustment services

Notice Value(s)

Tender Value
£75,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£122,222 £100K-£500K

Notice Dates

Publication Date
22 Jun 20223 years ago
Submission Deadline
10 Feb 2022Expired
Future Notice Date
Not specified
Award Date
17 Apr 20223 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

Contracting Authority (Buyer)

Main Buyer
OCHIL VIEW HOUSING ASSOCIATION C/O RICHARD MCDONALD - BROKER FOR THE ASSOCIATION
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MASHILL, ALLOA
Postcode
FK10 1AB
Post Town
Falkirk and Stirling
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM0 Eastern Scotland
Small Region (ITL 3)
TLM01 Clackmannanshire and Fife
Delivery Location
TLM72 Clackmannanshire and Fife

Local Authority
Clackmannanshire
Electoral Ward
Clackmannanshire South
Westminster Constituency
Alloa and Grangemouth

Supplier Information

Number of Suppliers
1
Supplier Name

AVID INSURANCE SERVICES

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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