Provision of Insurance and Related Services to Greatwell Homes Limited
Estimated value
—
Awarded value
£3.2m
Suppliers
6
Lots
8
Published
02 Apr 2026
Description
Greatwell Homes Limited are looking to appoint one or more providers to deliver their Insurance and related services for Property, legal liability and other general (non-life) insurable 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 and employment practices liability. This list is to be decided at the sole discretion of Greatwell Homes Limited. Suppliers will be required to have the financial ability to deliver the programme, including Insurers with a minimum rating of ‘BBB’ from standard and poor, 'B++' from AM Best, or an equivalent rating by an independent and reputable credit rating agency and approved by the bidder’s market security committee. In the case of any rating less than A-, the contracting authority will evaluate and accept the nominated insurer(s) at its sole discretion, subject to disclosure and acceptance prior to the ITT bid deadline of the bidder’s market security committee’s latest report, including written recommendation from the bidder’s market security committee. Suppliers will be assessed but not limited to the following high level criterion: - The ability to provide the Contracting Authority with a choice of suitable insurers and/or suitable cover options - A skilled and competent service team, being Client Relationship Management, Insurance Claims management, Insurance Broking / underwriting and insurable risk managers - The delivery of quality service to the Contracting Authority and our clients, including that provided to us by any third-party contractor employed by you or by the Insurer(s) you propose. ------------------------------------------------------------------------- Due to technical issues relating to the portal utilised on this tender - contract sign and start dates have had to be pushed forward, in order to publish this award notice. The correct date of contract start is the 1st April 2026.
Scope
- Reference
- ocds-h6vhtk-0596bb
- Commercial tool
- Standalone contract
- Contract dates
- 31 Mar 2026 to 31 Mar 2029Possible extension to 31 Mar 2031
Greatwell Homes Limited will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers 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.
- CPV classifications
- 6651000066516000665165006651730066518300
- Contract locations
- UK, United Kingdom
- Particular suitability
- Small and medium-sized enterprises (SME)
Award criteria
Criteria the buyer will use to evaluate bids.
| Name | Description | Type | Weighting |
|---|---|---|---|
| Criterion 1 | — | cost | 40.00% |
| Criterion 2 | — | quality | 60.00% |
| Criterion 1 | — | price | 40.00% |
Submission & procedure
- Procedure
- Competitive flexible procedure
Award details· 8 awards
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
£2.7m
Award date
13 Mar 2026
Contract start
28 Apr 2026
Contract end
31 Mar 2029
Lots · 8 total
Divisions of the contract. Each lot can be awarded separately.
| Lot | Title | Est. value | Status |
|---|---|---|---|
| 1 | Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Greatwell Homes Limited | £2.7m | complete |
| 3 | Insurance and related services associated with Terrorism and/or Political Violence (Non Pool Re) for Greatwell Homes Limited | £115k | complete |
| 4 | Insurance and related services associated with Cyber Risk for Greatwell Homes Limited | £75k | complete |
| 5 | Insurance and related services associated with Motor Fleet risks for Greatwell Homes Limited | £240k | complete |
| 7 | Insurance and related services associated with Professional Indemnity risks for Greatwell Homes Limited | £14k | complete |