Award

Engineering Insurance and Inspections

HIGHLANDS AND ISLANDS ENTERPRISE

This public procurement record has 1 release in its history.

Summary of the contracting process

Highlands and Islands Enterprise has awarded a call-off contract for "Engineering Insurance and Inspections" under the Crown Commercial Services Insurance Services 3 (RM6138) Dynamic Purchasing System (DPS). The contract, starting on 1 November 2024 and initially running until 31 October 2027 with an option to extend for an additional two years, is classified under the "services" category and falls within the UKM region. The procurement process was conducted using an open procedure, and the award notice was published on 21 October 2024. The total estimated value of the contract over the full term, including insurance premium tax, is £66,738.13.

This tender creates significant opportunities for businesses within the engineering insurance and inspection sector, particularly those specialising in providing comprehensive risk management solutions. Large-scale companies like Risk Management Partners Ltd., which won the contract, are well-suited to compete due to the project's scope and the robust evaluation criteria. Moreover, the long-term nature of the contract allows for stable revenue over several years, making it an attractive prospect for insurers and inspection service providers looking to expand their client base and geographic reach within the public sector.

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Notice Title

Engineering Insurance and Inspections

Notice Description

This is a call-off contract via the Crown Commercial Services (CCS) Insurance Services 3 (RM6138) Dynamic Purchasing System (DPS) for Engineering Insurance and Inspections. The policy commences on 1 November 2024 and expires on 31 October 2027, with the option to extend by 2 years until 31 October 2029 (3+2 year Long-Term Agreement).

Lot Information

Lot 1

Engineering Insurance and Inspection via the CCS Insurance Services 3 DPS.. 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.

Options: contract value changes due to IPT; claims history affects premiums; change in property portfolio

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000779030
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV518022
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
PCS Notice - Website Contract Award Notice
Procurement Type
Dynamic
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

66519200 - Engineering insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£66,738 Under £100K

Notice Dates

Publication Date
11 Nov 20241 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
21 Oct 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

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
TLM Scotland

Local Authority
Highland
Electoral Ward
Inverness South
Westminster Constituency
Inverness, Skye and West Ross-shire

Supplier Information

Number of Suppliers
1
Supplier Name

RISK MANAGEMENT PARTNERS

Further Information

Notice Documents

  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV518022
    Engineering Insurance and Inspections - This is a call-off contract via the Crown Commercial Services (CCS) Insurance Services 3 (RM6138) Dynamic Purchasing System (DPS) for Engineering Insurance and Inspections. The policy commences on 1 November 2024 and expires on 31 October 2027, with the option to extend by 2 years until 31 October 2029 (3+2 year Long-Term Agreement).

Open Contracting Data Standard (OCDS)

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