Award

Material Damage/Buildings Insurance including Property Owners Liability

MILNBANK HOUSING ASSOCIATION C/O BRUCE STEVENSON INSURANCE BROKERS LTD

This public procurement record has 2 releases in its history.

Award

14 Jun 2022 at 00:00

OJEU - F3 - Contract Award Notice
Tender

22 Dec 2021 at 00:00

OJEU - F2 - Contract Notice
Summary of the contracting process

The procurement process involves Milnbank Housing Association, facilitated by Bruce Stevenson Insurance Brokers Ltd, seeking services for Material Damage/Buildings Insurance, including Property Owners Liability. Located in Glasgow, UK, this active tender is part of the housing and community amenities industry. The procurement method is an open procedure, and the deadline for submissions was February 4, 2022. This contract has a signed value of £265,642, and the award was made to Direct Line Group on March 31, 2022, marking the transition into the contract phase.

This tender presents significant opportunities for growth for businesses in the insurance and financial service sectors. Companies such as insurance providers, underwriters, and syndicates with an A rating or higher from recognised rating agencies are particularly well-suited to compete for this contract. The insurance market is open to a variety of service providers with relevant expertise, especially those capable of delivering comprehensive coverage, as it excludes insurance broking services. Engaging in this procurement process could enhance their market presence and lead to long-term service contracts within the public sector.

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Notice Information

Notice Title

Material Damage/Buildings Insurance including Property Owners Liability

Notice Description

Material Damage/Buildings Insurance including Loss of Rent/Alternative Accommodation & Property Owners Liability

Lot Information

Lot 1

Material Damage/Buildings Insurance including Loss of Rent/Alternative Accommodation & Property Owners Liability Excludes Insurance Broking Services

Renewal: 1 or 2 x 12 months/1 x 24 months

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000678127
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN451206
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

66515200 - Property insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£265,642 £100K-£500K

Notice Dates

Publication Date
14 Jun 20223 years ago
Submission Deadline
4 Feb 2022Expired
Future Notice Date
Not specified
Award Date
31 Mar 20223 years ago
Contract Period
1 Apr 2022 - 31 Mar 2027 Over 5 years
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
MILNBANK HOUSING ASSOCIATION C/O BRUCE STEVENSON INSURANCE BROKERS LTD
Contact Name
Steven Young
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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