This public procurement record has 3 releases in its history.

TenderUpdate

06 Dec 2023 at 00:00

TenderUpdate

10 Nov 2023 at 00:00

Tender

26 Oct 2023 at 01:00

Summary of the contracting process

The public procurement contracting process led by River Clyde Homes seeks to engage an Insurance Firm or broker for annual insurance cover across various elements. The tender, titled "Insurance Services," falls under the services category and aims to cover a range of insurance needs, such as Property Stock, Group Personal Accident, and Cyber Liability. The procurement process, initiated by River Clyde Homes, is currently at the tender stage, with key deadlines for submissions set for January 19th, 2024. The buying organisation is based in Greenock, UK, and the tender presents opportunities for businesses in the insurance sector to compete and provide expertise in insurance and risk management.

This active procurement scheme by River Clyde Homes for Insurance Services offers business growth opportunities for insurance firms with expertise in Property Stock, Liability, and Professional Indemnity fields. The tender process involves an open procedure, requiring electronic submissions by November 27th, 2023. Companies aspiring to bid must comply with specific documentation requirements and hold relevant insurance certificates stipulated by the Financial Conduct Authority. The tender includes a robust selection criteria framework, allowing successful bidders to serve the contract with the River Clyde Homes Group until October 2027, with the possibility of contract renewals for up to four years. This initiative provides a platform for businesses to showcase capabilities in insurance offerings and risk mitigation strategies.

How relevant is this notice?

Notice Title

Insurance Services

Notice Description

The River Clyde Homes Group (RCHG) are seeking to employ a suitably experienced and competent Insurance Firm, or broker, to provide annual Insurance cover for the elements stated below: Property Stock Group Personal Accident Combined Liability Crime Office & Computer Combined Motor Contract Works Professional Indemnity Engineering Cyber Liability Detailed information in relation to RCHG's requirements for each schedule are provided at Appendix F. Supporting information (claims experience, plant lists, motor vehicles info, etc) to enable tenderers to provide a robust bid is provided at Appendix G. The successful bidder will be expected to provide general guidance and advice on insurance and risk management issues, and keep RCHG up to date with relevant technical and legislative developments

Lot Information

Lot 1

The River Clyde Homes Group (RCHG) are seeking to employ a suitably experienced and competent Insurance Firm, or broker, to provide annual Insurance cover for the elements stated below: Property Stock Group Personal Accident Combined Liability Crime Office & Computer Combined Motor Contract Works Professional Indemnity Engineering Cyber Liability Detailed information in relation to RCHG's requirements for each schedule are provided at Appendix F. Supporting information (claims experience, plant lists, motor vehicles info, etc) to enable tenderers to provide a robust bid is provided at Appendix G. The successful bidder will be expected to provide general guidance and advice on insurance and risk management issues, and keep RCHG up to date with relevant technical and legislative developments. Economic operators may be excluded from this competition if they are in any of the situations referred to in regulation 58 of the Public Contracts (Scotland) Regulations 2015.

Renewal: The contract will run for an initial 3-year period. RCH may wish, at its sole discretion, to extend any resultant agreement for a further 12 month period subject to the agreement of the successful bidder.

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000748638
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC494254
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
OJEU - F14 - Corrigendum
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

66510000 - Insurance services

66514110 - Motor vehicle insurance services

66515000 - Damage or loss insurance services

66515200 - Property insurance services

66516100 - Motor vehicle liability insurance services

66516400 - General liability insurance services

66516500 - Professional liability insurance services

66517300 - Risk management insurance services

66518100 - Insurance brokerage services

66519310 - Insurance consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
6 Dec 20232 years ago
Submission Deadline
27 Nov 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
October 2027

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
River Clyde Homes
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GREENOCK
Postcode
PA15 2UZ
Postcode Area
Paisley
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM33 Inverclyde, East Renfrewshire, and Renfrewshire
Delivery Location
TLM83 Inverclyde, East Renfrewshire, and Renfrewshire

Local Authority
Inverclyde
Electoral Ward
Inverclyde East Central
Westminster Constituency
Inverclyde and Renfrewshire West

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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