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Official procurement procedure

Insurance Provision - Modification

Insurance services
Scotland (UKM75)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Prospect Community Housing Ltd: "Insurance Provision - Modification". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityProspect Community Housing LtdScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Prospect Community Housing Ltd
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Prospect Community Housing Ltd. 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
2.5Bids / Report
50% of reports have one bid
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: 3 active published awards; 2 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 Unpublished data stays unknown.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 AuthorityProspect Community Housing Ltd
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
Published16 May 2024, 15:50 BST
Last source update16 May 2024, 15:50 BST
Recurring procurementNot published
ClassificationInsurance services
Delivery area
Scotland (UKM75)
OCIDocds-h6vhtk-0407e8
What is being bought
This 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.
What changed
From the official release history
  1. Official notice release published
    16 May 2024, 15:50 BST
  2. Status changed to complete
    4 Oct 2023, 14:36 BST
  3. Official notice release published
    4 Oct 2023, 14:36 BST
  4. Buyer information updated
    4 Oct 2023, 14:36 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    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.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    16 May 2024, 15:50 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 27 Sept 2023, 00:00 BST · £204,000
Commercial outcome and competition
Awards
Marsh Ltd
Not published · Not published · active
Contracts
Contract
£204,000 · signed 27 Sept 2023, 00:00 BST · active
Bid statistics
bids: 1 (lot 1)
electronicBids: 1 (lot 1)
foreignBidsFromEU: 0 (lot 1)
foreignBidsFromNonEU: 1 (lot 1)
smeBids: 1 (lot 1)
Buyer and organisations in this procedure

Prospect Community Housing Ltd

Contracting authority GB-FTS-4951
View buyer profile

  • Prospect Community Housing Ltd
    buyer

    6 Westburn Avenue, Wester Hailes, Edinburgh, UKM75, EH14 2TH
    brendan.fowler@prospectch.org.uk
    +44 1314585480

  • Edinburgh Sheriff Court and Justice of the Peace Court
    reviewBody

    27 Chambers Street, Edinburgh, EH1 1LB

  • Marsh Ltd
    supplier

    Ground Floor West, 300 TVP2, Thames Valley Park Drive, Reading, UKJ, RG6 1PT
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published
Planning and rationale
Planning budgetNot published
No-engagement rationaleNot published
Procedure rationaleAward of a contract without prior publication of a call for competition