Notice Information
Notice Title
Property Owners Liability Insurance - Denchi House
Notice Description
The contract is for the provision of property owners insurance from 2 May 2024 to 1 May 2025 for Denchi House, Thurso. Considering the market's appetite, our broker's advice and previous experience, we consider that the competition is absent for technical reasons. As a result, a co-insurance approach has been considered appropriate for this particular insurance type. The value stated in this notice includes IPT. The supplier stated in this contract award notice is the lead insurer.
Lot Information
Lot 1
The contract is for the provision of property owners insurance from 1 April 2024 to 31 March 2025 for Denchi House, Thurso
Options: changes to the building during the policy resulting in higher risk and so higher premium
Procurement Information
Due to the specialist risk profile applicable to the building and our broker's advice and experience there is an absence of competition in the market, and the broker has had to arrange a co-insurance approach. We therefore consider that competition is absent for technical reasons.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-r6ebe6-0000761234
- Publication Source
- Public Contracts Scotland
- Latest Notice
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY506174
- Current Stage
- Award
- All Stages
- Award
Procurement Classification
- Notice Type
- PCS Notice - Website Contract Award Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Limited
- Procurement Method Details
- Award procedure without prior publication of a call for competition
- 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
- £113,602 £100K-£500K
Notice Dates
- Publication Date
- 29 May 20241 years ago
- Submission Deadline
- Not specified
- Future Notice Date
- Not specified
- Award Date
- 1 May 20241 years ago
- Contract Period
- Not specified - Not specified
- 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
- HIGHLANDS AND ISLANDS ENTERPRISE
- Contact Name
- Available with D3 Tenders Premium →
- Contact Email
- Available with D3 Tenders Premium →
- Contact Phone
- Available with D3 Tenders Premium →
Buyer Location
- Locality
- INVERNESS
- Postcode
- IV2 5NA
- Post Town
- Inverness
- Country
- Scotland
-
- Major Region (ITL 1)
- TLM Scotland
- Basic Region (ITL 2)
- TLM2 Highlands and Islands
- Small Region (ITL 3)
- TLM20 Highlands and Islands
- Delivery Location
- TLM61 Caithness and Sutherland, and Ross and Cromarty
-
- Local Authority
- Highland
- Electoral Ward
- Inverness South
- Westminster Constituency
- Inverness, Skye and West Ross-shire
Further Information
Notice Documents
-
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY506174
Property Owners Liability Insurance - Denchi House - The contract is for the provision of property owners insurance from 2 May 2024 to 1 May 2025 for Denchi House, Thurso. Considering the market's appetite, our broker's advice and previous experience, we consider that the competition is absent for technical reasons. As a result, a co-insurance approach has been considered appropriate for this particular insurance type. The value stated in this notice includes IPT. The supplier stated in this contract award notice is the lead insurer.
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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