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complete
Official procurement procedure
Insurance services contract extension
Financial and insurance services
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: NHS Frimley Integrated Care Board: "Insurance services contract extension". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
| Contracting Authority | NHS Frimley Integrated Care Board | Scope & Categories | Not published | Submission Window | complete No deadline published |
|---|---|---|---|---|---|
| Submission Gateway | Direct notice route | Legal Basis & Regime | Standard procurement | Estimated Value (exc. VAT) | Not published |
Bidder Intelligence · Authority Profile: NHS Frimley Integrated Care Board
Market Analytics
Derived from OCDS awards & bid statistics
Published history for NHS Frimley Integrated Care Board. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Competition Density
5Bids / Report
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate availablePayment Terms
Check noticePublished terms
Coverage: 18 active published awards; 5 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityNHS Frimley Integrated Care Board | Procedure methodNot published | Procurement categoryNot published |
Statuscomplete | Framework / DPSNot published | CompetitionNot published |
Above thresholdNot published | Legal basisNot published | Tender period startsNot published |
Clarification deadlineNot published | Electronic submissionNot published | Submission languagesNot published |
Published15 Dec 2022, 16:07 GMT | Last source update15 Dec 2022, 16:07 GMT | Recurring procurementNot published |
ClassificationFinancial and insurance services | ||
Delivery area | ||
OCIDocds-h6vhtk-03919f | ||
What is being bought
Plus Dane Housing Limited (Plus Dane) wish to extend its current insurance services contract for a further period of 2 years from 30 November 2023 to 30 November 2025.
What changed
From the official release history
- Status changed to complete
15 Dec 2022, 16:07 GMT - Official notice release published
15 Dec 2022, 16:07 GMT - Buyer information updated
15 Dec 2022, 16:07 GMT
Lots and requirements (1)
Published by the contracting authority
- Lot 1 · #1Individual lot title not publishedStatus not publishedPublished valueNot publishedPlus Dane Housing Limited (Plus Dane) wish to extend its current insurance services contract for a further period of 2 years from 30 November 2023 to 30 November 2025. The insurance services to be provided under the contract comprise of a programme of General Insurance and related services for Plus Dane Housing Ltd, excluding Motor Fleet risks. 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, Professional Indemnity, Fidelity Guarantee / Crime, Employment Practices Liability, Cyber and Terrorism.Contract periodNot publishedEligibilityNot publishedOptions / renewalNot published
Timeline
- Procedure published
15 Dec 2022, 16:07 GMT - Award active
Not published · Not published - Contract active
Signed 15 Dec 2022, 00:00 GMT · £1,370,872
Commercial outcome and competition
Awards UNITE PROCUREMENT UK LIMITED Not published · Not published · active |
Contracts Insurance services contract extension £1,370,872 · signed 15 Dec 2022, 00:00 GMT · active |
Bid statisticsNo aggregate bid statistics published |
Buyer and organisations in this procedure
NHS Frimley Integrated Care Board
Contracting authority GB-COH-Companies HouseDocuments (0)
Official links; attachments are not copied
No linked documents are published
Related procedures (0)
No related procedures published
Planning and rationale
Planning budgetNot published |
No-engagement rationaleNot published |
Procedure rationalePlus Dane wishes to extend its existing insurance services contract with its incumbent insurance provider, Marsh Limited, for a period of 2 years to take advantage of the commercially advantageous rates being offered by Marsh. The period of the extension will run from 30 November 2023 to 30 November 2025.
Plus Dane is of the view that it is entitled to award this contract extension to Marsh pursuant to Regulation 72(1)(b) of the Public Contracts Regulations 2015, on the following basis:
1. There is a clear economic reason why an alternative insurance provider should not be appointed to provide the services during the extension period instead of Marsh. This being the commercially advantageous rates that Marsh are prepared to offer Plus Dane for the extension period;
2. To appoint another insurance provider would therefore cause substantial duplication of costs for Plus Dane. It would also cause it significant inconvenience; and
3. The value of the proposed 2 year extension (£1,370,872) is no more than 50% of the total value of the original contract. |