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Official procurement procedure

LiveWest - Provision of Insurance and Related Services

Financial and insurance services
UK
Published value
£8,000,000
Submission deadline 20 Jun 2022, 23:55 BST
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: LiveWest Homes Limited: "LiveWest - Provision of Insurance and Related Services". Published status: active. Published value: £8,000,000. 1 published lot. Recorded submission deadline: 20 Jun 2022, 23:55 BST. See the official notice for participation instructions.
Contracting AuthorityLiveWest Homes LimitedScope & CategoriesNot publishedSubmission Window
Closed
20 Jun 2022, 23:55 BST
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£8,000,000
Bidder Intelligence · Authority Profile: LiveWest Homes Limited
Market Analytics
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Derived from OCDS awards & bid statistics
Published history for LiveWest Homes Limited. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
Not availableNo published reports
Bid counts are not published for this buyer
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 0 active published awards; 0 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 Unpublished data stays unknown.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 AuthorityLiveWest Homes Limited
Procedure methodNot published
Procurement categoryNot published
Statusactive
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published14 Jun 2022, 16:46 BST
Last source update14 Jun 2022, 16:46 BST
Recurring procurementNo
ClassificationFinancial and insurance services
Delivery area
UK
OCIDocds-h6vhtk-034677
What is being bought
LiveWest intend to run a tender to contract with a supplier of insurance and related services. • The nature of the contract is for the provision of Insurance and related services including claims handling services as required by LiveWest and its subsidiary Companies. • The contract will initially run for three years (or periods of insurance) commencing at midnight on 15 December 2022. LiveWest has the option to extend the contract at its sole discretion for a further period of up to two years. • For reasons of confidentiality only companies who can demonstrate the minimum requirements mentioned in point 5 will be invited to bid and be in receipt of the full tender package. • The content of the insurance provide will include: - Provision of comprehensive buildings insurance for rented and affordable home ownership properties, totalling ca. £6bn insured sums - Provision of £100m public liability insurance - Provision of minimum £3m cyber insurance - Provision of crime policies to indemnify in case of fraud, theft, etc. - Provision of cover in case of terror attack to indemnify in case of total loss of stock
What changed
From the official release history
  1. Published value updated to £8,000,000
    14 Jun 2022, 16:46 BST
  2. Status changed to active
    14 Jun 2022, 16:46 BST
  3. Official notice release published
    14 Jun 2022, 16:46 BST
  4. Submission deadline changed to 20 Jun 2022, 23:55 BST
    14 Jun 2022, 16:46 BST
  5. Buyer information updated
    14 Jun 2022, 16:46 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    active
    Published value£8,000,000
    LiveWest intend to run a tender to contract with a supplier of insurance and related services. • The nature of the contract is for the provision of Insurance and related services including claims handling services as required by LiveWest and its subsidiary Companies. • The contract will initially run for three years (or periods of insurance) commencing at midnight on 15 December 2022. LiveWest has the option to extend the contract at its sole discretion for a further period of up to two years. • For reasons of confidentiality only companies who can demonstrate the minimum requirements mentioned in point 5 will be invited to bid and be in receipt of the full tender package. • The content of the insurance provide will include: - Provision of comprehensive buildings insurance for rented and affordable home ownership properties, totalling ca. £6bn insured sums - Provision of £100m public liability insurance - Provision of minimum £3m cyber insurance - Provision of crime policies to indemnify in case of fraud, theft, etc. - Provision of cover in case of terror attack to indemnify in case of total loss of stock
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    14 Jun 2022, 16:46 BST
  2. Submission deadline
    20 Jun 2022, 23:55 BST
Commercial outcome and competition
AwardsNo award published
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

LiveWest Homes Limited

Contracting authority GB-FTS-55541
View buyer profile
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published