Official UK procurement notice
Insurance Provision - Modification
Authority: Prospect Community Housing
What is being bought
Published requirement descriptionThis Voluntary Ex-Ante Transparency (VEAT) notice relates to the extension of the existing Insurance Provision contract. Having sought advice, to meet our statutory regulatory requirements as a Registered Social Landlord, these public contracts shall be modified and awarded under Regulation 72 (1) (c) utilising the Modification of contracts during their term “by circumstances Prospect Community Housing (PCH) could not have foreseen”.
Justification of this intention together with full details of the intended contract are included within sections II.2.4 and IV.1.1 of this notice.
CPV: Insurance services
The lotProcurement structure
single lot · no lot value publishedLot #1Prospect Community Housing (PCH) intends to extend the existing Insurance Provision…Awarded
Prospect Community Housing (PCH) intends to extend the existing Insurance Provision contract due to end 30 September 2024 to the 30 September 2026 with Marsh Ltd who are the current insurance service Broker/provider.
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Award procedure without prior publication of a call for competition
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Awarded without competition
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Direct award (no call for competition)
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 4 Oct 2023, 14:36 BST
- Last source update
- 16 May 2024, 15:50 BST
- FTS notice number
2024/S 000-015610- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-0407e8Find a Tender
- Why no open competition
- The procurement falls outside the scope of application of the directive
- Published justification
Award of a contract without prior publication of a call for competition
Publisher note: It should be noted that this VEAT notice is intended to inform the market of the intention to modify a contract under Regulation 72 (1) (c) and whilst the PCS system requires an award date prior to the VEAT notice publication for the avoidance of doubt it should be noted that the contract has not been entered into prior to the publication of this notice. (SC Ref:766915)
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Marsh LtdSME | £204,000 †same award published again · counted once | — | Awarded |
| Marsh LtdSME | £204,000 † | — | Awarded |
Contracts
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 1bids · 1 electronic · 1 from abroad | 1 | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- Edinburgh Sheriff Court and Justice of the Peace CourtReview body
Bidders & participating suppliers
1 commercial party on the notice- Marsh LtdAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.