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| Source: | Find a Tender Service (FTS) |
| Notice Type: | Award notice |
| Buyer: | Clydesdale Housing Association Ltd |
| Main Category: | Services |
| Procurement Method: | Award procedure without prior publication of a call for competition |
| Method Rationale: | This Voluntary Ex-Ante Transparency (VEAT) 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 Clydesdale Housing Association (CHA) could not have foreseen”. Clydesdale Housing Association (CHA) intends to extend the existing Insurance Provision contract due to end 31 March 2024 to the 31 March 2026 with Marsh Ltd who are the current insurance service Broker/provider. This informed decision based on; the ongoing insurance marketplace uncertainty reflective of the post-Brexit economic environment, the far-reaching impact of the war in Ukraine, recent challenges faced by RSL’s relating to all services, and the current cost-of-living pressures; while concurrently seeking to ensure effective continuity of our insurance services to meet our statutory regulatory requirements. The insurance market for social housing providers has always been quite restricted, however in the field of property and liability this has hardened severely and quickly since the start of 2023. This has been accelerated by the departure of two main insurance providers to the Sector over the last 6 months, meaning the already limited capacity is much reduced. This has resulted in unsustainable market conditions, and we have seen insurers react this year applying significant rate increases on Renewals during the first quarter of 2023. CHA intend to go out to the marketplace for a new contract for Insurance Provision and this procurement process will commence 2025 Q3 with a target effective date contract date of 1st April 2026. |
All 2 notices for this procurement, oldest first.
Insurance Provision - Modification
Insurance Provision - Modification
Earlier notices predate the Procurement Act 2023 (commenced 24 Feb 2025) and therefore don't carry UK1–UK17 codes.
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Awarded to
| Award status: | Active |
This Voluntary Ex-Ante Transparency (VEAT) 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 Clydesdale Housing Association (CHA) 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.
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Book a free consultation →| Tender Status: | Closed |
| Estimated Value (ex. VAT): | Not specified |
| Release Date: | 6 April 2023 |
| Application Deadline: | — |
| Procurement ID (OCID): | ocds-h6vhtk-03bd7d |
| Notice Reference: | 010241-2023 |