--- title: "VIVID - Insurance and Related Services for VIVID Housing Limited" ocid: "ocds-h6vhtk-038ddd" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-038ddd" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-038ddd.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-038ddd.json" source: "Find A Tender Service" current_stage: "Award" buyer: "VIVID" published: "2023-07-03" --- # VIVID - Insurance and Related Services for VIVID Housing Limited Buyer: VIVID Current stage: Award OCID: ocds-h6vhtk-038ddd [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-038ddd) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-038ddd.json) ## Summary The VIVID Housing Limited has completed the award process for the tender titled "VIVID - Insurance and Related Services." This procurement opportunity falls under the financial and insurance services category and involves insurance services such as property, legal liability, and non-life insurable risks. The tender was conducted through a competitive procedure with negotiation. Key dates include the contract start date of July 1, 2023, and a contract renewal option for up to 2 additional years. This tender by VIVID Housing Limited for insurance services presents an opportunity for businesses, especially insurance providers, to engage in long-term agreements. The procurement method involves a two-stage process, aiming to select providers based on suitability, economic capacity, and technical expertise. Suppliers will need to demonstrate compliance with financial security requirements and quality standards. The tender offers a chance for companies to expand their portfolio by catering to the insurance needs specified by VIVID Housing Limited. ## Notice Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by VIVID Housing Limited ### Lot Information Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by VIVID Housing Limited A programme of General (non-life) insurance and related services for VIVID Housing Limited. The programme will require Insurance and related services for risks that may include but not be limited to: property damage and business interruption, employers, public, products and property owners liability, business combined/office, money, all risks, computer, contract works, group personal accident and employment practices liability. This list is to be decided at the sole discretion of VIVID Housing Limited. This Lot excludes: Motor (See Lot 2), Engineering Insurance (See Lot 3), Cyber (See Lot 4), Terrorism (Pool Re Basis) (See Lot 5), Terrorism / Political Violence (Non Pool Re Basis) (See Lot 6), Directors and Officers Liability (See Lot 7), Professional Indemnity (See Lot 8) and Crime (See Lot 9) Options: Description of these options: VIVID Housing Limited entered into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Renewal: VIVID Housing Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Insurance and related services for Motor vehicle risks (possibly including Motor Legal Expenses and Occasional Business Use) Insurance and related services for motor vehicle risks (possibly including Motor legal expenses and Occasional business use extensions). Options: VIVID Housing Limited entered into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost Renewal: VIVID Housing Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Insurance and related services associated with items of Engineering Insurance for VIVID Housing Limited Insurance and related services associated with items of Engineering Insurance for VIVID Housing Limited Options: VIVID Housing Limited entered into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost Renewal: VIVID Housing Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Insurance and related services associated with Cyber risks for VIVID Housing Limited Insurance and related services associated with Cyber risks for VIVID Housing Limited Options: VIVID Housing Limited entered into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost Renewal: VIVID Housing Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Insurance and related services associated with Cyber risks for VIVID Housing Limited : Insurance and related services associated with Terrorism (Pool Re Basis of Cover) risks for VIVID Housing Limited Options: VIVID Housing Limited considered entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost Renewal: VIVID Housing Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Insurance and related services associated with Terrorism (Non Pool Re Basis) Risks for VIVID Housing Limited .Insurance and related services associated with Terrorism (Non Pool Re Basis) Risks for VIVID Housing Limited Options: VIVID Housing Limited entered into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Renewal: VIVID Housing Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost Insurance and related services associated with Directors and Officers' Liability VIVID Housing Limited entered into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Options: VIVID Housing Limited entered into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Renewal: VIVID Housing Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Insurance and related services associated with Professional Indemnity Insurance and related services associated with Professional Indemnity risks for VIVID Housing Limited Options: VIVID Housing Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost Renewal: VIVID Housing Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Insurance and related services associated with Crime / Fidelity Guarantee Insurance and related services associated with Crime / Fidelity Guarantee Options: VIVID Housing Limited entered into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. Renewal: VIVID Housing Limited will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/018833-2023 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Competitive procedure with negotiation | | Tender suitability | Not specified | | Awardee scale | Large, SME | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 3 Jul 2023 | | Submission deadline | 19 Jan 2023 | | Future notice date | Not specified | | Award date | 15 Jun 2023 | | Contract period | 30 Jun 2023 - 30 Jun 2026 | | Recurrence | Between 3 or 5 years from the date of this Notice | ## Values | Field | Value | | --- | --- | | Tender value | £11,000,000 | | Lots value | £11,130,000 | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Active, Cancelled | | Awards status | Active, Unsuccessful | | Contracts status | Active | ## Buyer | Field | Value | | --- | --- | | Main buyer | VIVID | | Locality | PORTSMOUTH | | Post town | Portsmouth | | Postcode | PO2 8HB | | Country | England | | ITL 1 | TLJ South East (England) | | ITL 2 | TLJ3 Hampshire and Isle of Wight | | ITL 3 | TLJ31 Portsmouth | | Local authority | Portsmouth | | Electoral ward | Nelson | | Westminster constituency | Portsmouth North | | Delivery location | TLJ South East (England) | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 4 | | Supplier names | ARTHUR J. GALLAGHER INSURANCE BROKERS LTD, SC108909; MARSH; MARSH LIMITED, 01507274; WEALD INSURANCE BROKERS LTD, 00957953 | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66000000 - Financial and insurance services - 66510000 - Insurance services - 66514110 - Motor vehicle insurance services - 66515100 - Fire insurance services - 66515200 - Property insurance services - 66515410 - Financial loss insurance services - 66516000 - Liability insurance services - 66516400 - General liability insurance services - 66516500 - Professional liability insurance services - 66517300 - Risk management insurance services - 66518300 - Insurance claims adjustment services ## Release History - 3 Jul 2023 at 12:21 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/018833-2023 - 15 Dec 2022 at 15:42 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/035546-2022 ## Notice URLs - http://www.vividhomes.co.uk - https://procontract.due-north.com/Advert/Index?advertId=bb5586e5-c47b-ed11-811c-005056b64545 - https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=734744457 ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-h6vhtk-038ddd. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-038ddd.json.