Award

Insurance Services 2023 -2026 Knowes Housing Association Ltd

KNOWES HOUSING ASSOCIATION LTD

This public procurement record has 3 releases in its history.

Award

20 Feb 2023 at 00:00

TenderUpdate

08 Dec 2022 at 00:00

Tender

05 Dec 2022 at 00:00

Summary of the contracting process

Knowes Housing Association Ltd, based in Clydebank, UK, has awarded a contract for Insurance Services 2023-2026. The procurement stage was an open procedure, with the contract valued at £315,591 GBP. The contract was signed on 14th February 2023. The tender was for insurance services lasting three years, with an option to extend for an additional two years.

This procurement opportunity by Knowes Housing Association Ltd provides a chance for insurance companies or brokers experienced in social housing sectors to compete. The contract involves providing insurance services for residential properties in Clydebank, West Dunbartonshire. The tender period included opportunities for electronic submission of bids, with key dates for tender opening set on 13th January 2023. Eligible businesses, particularly those with expertise in social housing insurance, are well-suited to engage with this opportunity for business growth.

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Notice Title

Insurance Services 2023 -2026 Knowes Housing Association Ltd

Notice Description

Knowes Housing Association is a Registered Social Landlord located in the Faifley/Duntocher area of Clydebank in West Dunbartonshire. We own and let 1048 properties and provide insurance for 192 factored properties. We have 23 members of staff. We are looking to tender our insurance services for three years from 15 March 2023 to 14 March 2026 with an option to extend for a further two years (3 plus 1 plus 1). We are looking for bids from brokers or insurance companies with experience of working in the social housing or similar sectors.

Lot Information

Lot 1

This is an open tender and invitations are sought from appropriate insurance companies or brokers who are able to provide the range of insurance services detailed in Knowes' invitation to tender document. It is planned to award the contract for three years with an option to extend for a further two (3 plus 1 plus 1)

Options: Additional options or variants may be included at the discretion of the supplier if it is felt they would add value to the cover or meet a gap in the cover not specified in the tender specification document. Cost of additional services offered should be shown as an add on to the contract and not included in tender price.

Renewal: Open to renew for a further two years (plus 1 plus 1) - maximum length of contract 5 years

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000715635
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB471662
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

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£315,591 £100K-£500K

Notice Dates

Publication Date
20 Feb 20233 years ago
Submission Deadline
13 Jan 2023Expired
Future Notice Date
Not specified
Award Date
14 Feb 20233 years ago
Contract Period
15 Mar 2023 - 14 Mar 2026 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
KNOWES HOUSING ASSOCIATION LTD
Contact Name
Kennedy Chilambe
Contact Email
kchilambe@knowes.org
Contact Phone
+44 1389877752

Buyer Location

Locality
CLYDEBANK
Postcode
G81 5BX
Post Town
Glasgow
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM31 East Dunbartonshire and West Dunbartonshire
Delivery Location
TLM81 East Dunbartonshire, West Dunbartonshire, and Helensburgh and Lomond

Local Authority
West Dunbartonshire
Electoral Ward
Kilpatrick
Westminster Constituency
West Dunbartonshire

Supplier Information

Number of Suppliers
1
Supplier Name

ZURICH

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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                "value": 2,
                "relatedLot": "1"
            }
        ]
    }
}