This public procurement record has 2 releases in its history.

Award

06 Jun 2022 at 01:00

Tender

02 Feb 2022 at 00:00

Summary of the contracting process

The procurement process undertaken by Loreburn Housing Association pertains to the provision of insurance and related services, titled "Loreburn Housing Association - Insurance and Related Services 2022." This contract is classified under the Housing and community amenities sector and is located in Dumfries, Scotland. The tender was initiated on 2nd February 2022, with a planned commencement date for services on 31st May 2022, and the entire process followed a two-stage Restricted Procedure. Interested parties were required to submit their bids electronically, with a submission deadline of 4th March 2022, and the contract will span an initial three-year period, with an option to extend for an additional two years at the discretion of Loreburn Housing Association.

This tender presents substantial opportunities for growth, particularly for insurance brokers and direct providers with demonstrable qualifications. Companies that specialise in general insurance and claims management, particularly those with experience serving social housing organisations or property owners, would be well suited to compete. Given the assessment criteria focused on capability and experience, qualified firms with a strong financial standing and a commitment to quality service are encouraged to submit their bids. The competitive landscape indicates potential for collaboration and scale, ideally positioning businesses that can deliver comprehensive insurance solutions tailored to the needs of the public sector.

How relevant is this notice?

Notice Title

Loreburn Housing Association - Insurance and Related Services 2022

Notice Description

The Contract is for the provision of general insurance and related services, including claims handling, loss control services and general programme maintenance and advice as required by Loreburn Housing Association commencing 31 May 2022. A full Summary of Current Cover will be provided with the Invitation to Tender to selected bidders. Bids are invited from suitably qualified insurance brokers and direct providers for the entire scope of services. The procurement will follow the two-stage Restricted Procedure with a pre-qualifying stage based on completed SPDs and bidders will be selected on the basis of their capability, capacity and experience to perform the contract.

Lot Information

Lot 1

The scope of the Contract includes the provision of insurance cover, brokerage services (where applicable), professional advice, claims management and loss control services for property, legal liabilities, engineering insurance and inspection and other general(non-life) insurances as required by Loreburn Housing Association for a period of 3 years commencing 31.5.2022, with the option to extend by up to a further 2 years at Loreburn's sole discretion. The contract is not divided into lots so bidders are required to bid for the entire scope of services. Bids are invited from suitably qualified and experienced insurance brokers and direct insurers. The Contract will follow the two-stage Restricted Procedure with bidders being selected on the basis of the responses contained in the pre-qualifying SPD. Bidders will be expected have the capability, capacity, financial and economic standing and experience to perform the contract. SPDs must be completed in full with all relevant information supplied. The Contract will be awarded on the basis of Most Economically Advantageous Tender, with specific evaluation criteria detailed within the Invitation To Tender and contract documents.. The price shown is the total cost for the three-year duration of the contract.

Renewal: The contract will be for an initial 3 year period with the option to extend for a further two years at Loreburn's sole discretion. Renewal will be sought at the end of the three or five year period.

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000681834
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN450356
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
OJEU - F3 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

66512100 - Accident insurance services

66513000 - Legal insurance and all-risk insurance services

66513100 - Legal expenses insurance services

66513200 - Contractor's all-risk insurance services

66514110 - Motor vehicle insurance services

66515000 - Damage or loss insurance services

66515100 - Fire insurance services

66515200 - Property insurance services

66515300 - Weather and financial loss insurance services

66515410 - Financial loss insurance services

66515411 - Pecuniary loss insurance services

66516000 - Liability insurance services

66516100 - Motor vehicle liability insurance services

66516400 - General liability insurance services

66518100 - Insurance brokerage services

66519200 - Engineering insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£924,400 £500K-£1M

Notice Dates

Publication Date
6 Jun 20224 years ago
Submission Deadline
4 Mar 2022Expired
Future Notice Date
Not specified
Award Date
27 May 20224 years ago
Contract Period
Not specified - Not specified
Recurrence
36 or 60 months

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
Loreburn Housing 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
DUMFRIES
Postcode
DG1 1NN
Postcode Area
Dumfries and Galloway
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM9 Southern Scotland
Small Region (ITL 3)
TLM92 Dumfries and Galloway
Delivery Location
TLM92 Dumfries and Galloway

Local Authority
Dumfries and Galloway
Electoral Ward
Lochar
Westminster Constituency
Dumfries and Galloway

Supplier Information

Number of Suppliers
1
Supplier Name

Arthur J. Gallagher Insurance Brokers Ltd

Further Information

Notice Documents

  • https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB439497&idx=1
    2nd February 2022 - LOREBURN INSURANCE & RELATED SERVICES 2022 - SPD
  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB439497
    Loreburn Housing Association - Insurance and Related Services 2022 - The Contract is for the provision of general insurance and related services, including claims handling, loss control services and general programme maintenance and advice as required by Loreburn Housing Association commencing 31 May 2022. A full Summary of Current Cover will be provided with the Invitation to Tender to selected bidders. Bids are invited from suitably qualified insurance brokers and direct providers for the entire scope of services. The procurement will follow the two-stage Restricted Procedure with a pre-qualifying stage based on completed SPDs and bidders will be selected on the basis of their capability, capacity and experience to perform the contract.
  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN450356
    Loreburn Housing Association - Insurance and Related Services 2022 - The Contract is for the provision of general insurance and related services, including claims handling, loss control services and general programme maintenance and advice as required by Loreburn Housing Association commencing 31 May 2022. A full Summary of Current Cover will be provided with the Invitation to Tender to selected bidders. Bids are invited from suitably qualified insurance brokers and direct providers for the entire scope of services. The procurement will follow the two-stage Restricted Procedure with a pre-qualifying stage based on completed SPDs and bidders will be selected on the basis of their capability, capacity and experience to perform the contract.

Open Contracting Data Standard (OCDS)

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