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Insurance Services

Prospect Community Housing Ltd

This public procurement record has 1 release in its history.

AwardUpdate

25 Oct 2023 at 01:00

OJEU - F20 - Modification Notice
Summary of the contracting process

The public procurement contracting process for the tender titled "Insurance Services" is being conducted by Prospect Community Housing Ltd based in Edinburgh, UK. The industry category for this procurement is services. The procurement stage is currently at the award stage, with the contract signed on 24th October 2023 and a contract duration of 720 days. The contract value is £629,867 GBP. The tender was initiated on 25th October 2023, and the procurement process is set to start in the first quarter of 2026 with a target effective contract date of 1st October 2026.

This tender for Insurance Services by Prospect Community Housing Ltd presents business growth opportunities for suppliers in the insurance sector, especially those offering property and liability insurance. Given the unique circumstances of the insurance market for social housing providers, suppliers with expertise in navigating market uncertainties and providing tailored insurance solutions would be well-suited to compete. The contract duration of 720 days provides a stable revenue stream and a platform for suppliers to showcase their capabilities in meeting regulatory requirements and addressing market challenges.

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Notice Information

Notice Title

Insurance Services

Notice Description

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000747187
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT491222
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
OJEU - F20 - Modification Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
SME

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
£629,867 £500K-£1M

Notice Dates

Publication Date
25 Oct 20232 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
24 Oct 20232 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Prospect Community Housing Ltd
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
EDINBURGH
Postcode
EH14 2TH
Postcode Area
Edinburgh
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM13 City of Edinburgh
Delivery Location
TLM75 City of Edinburgh
Local Authority
City of Edinburgh
Electoral Ward
Pentland Hills
Westminster Constituency
Edinburgh South West

Supplier Information

Number of Suppliers
1
Supplier Name

Marsh Ltd

Further Information

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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