Gibbs Laidler Consulting LLP is using Delta eSourcing to run this tender exercise
| Notice Summary |
|---|
| Title: | Provision of Residential Property Insurance and related services to Paradigm Housing Group Limited |
| Notice type: | UK4: Tender notice |
| Authority: | Gibbs Laidler Consulting LLP |
| Nature of contract: | Services |
| Procedure: | Above threshold - Competitive flexible procedure |
| Short Description: | Paradigm Housing Group Limited are looking to appoint one or more providers to deliver Insurance and related services for Residential Property and other general (non-life) insurable risks. The programme will require Property Insurance and related services for ten large residential properties and may include but not be limited to: property damage and related business interruption (Lots 1 and 2), and possibly property owners liability (optional Lot 3). This list is to be decided at the sole discretion of Paradigm Housing Group 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. |
| Published: | 30/06/2025 12:41 |
View Full Notice
Scope
Description: Paradigm Housing Group Limited are looking to appoint one or more providers to deliver Insurance and related services for Residential Property and other general (non-life) insurable risks.
The programme will require Property Insurance and related services for ten large residential properties and may include but not be limited to: property damage and related business interruption (Lots 1 and 2), and possibly property owners liability (optional Lot 3). This list is to be decided at the sole discretion of Paradigm Housing Group 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.
For more information about this opportunity, please visit the Delta eSourcing portal at:
https://www.delta-esourcing.com/tenders/UK-UK-Buckinghamshire:-Insurance-services./6VP9Y2N7FY
To respond to this opportunity, please click here:
https://www.delta-esourcing.com/respond/6VP9Y2N7FY
Total value (estimated):
GBP 1,000,000 excluding VAT GBP 1,200,000 including VAT
Maximum number of lots a supplier can be awarded: 2
Description of how multiple lots may be awarded: The contracting authority reserves the right to award contracts combining the following lots or groups of lots: Lots 1-3 will be individually evaluated and multiple awards may result. Where the respondent is an insurance Broker, it may choose to place the insurance(s) required within each Lot with different insurers at it's discretion, but full details of the risk carrier(s) will be required. Lot 3 is an optional Lot which would replace Lots 1 and 2 if awarded.
Lots
Lot 1 : Excess-value Property Insurance and related services, as required by Paradigm Housing Group
Description: This Lot consists of excess-value FLEA perils insurance cover for 10 specified blocks of residential property. Value in excess of primary £5m of FLEA cover per property.
Value (estimated):
GBP 215,000 excluding VAT GBP 258,000 including VAT Contract dates (estimated)
12/12/2025 to 11/12/2028
CPV Classifications:
66510000 - Insurance services. 66515000 - Damage or loss insurance services. 66515100 - Fire insurance services. 66515200 - Property insurance services. 66517300 - Risk management insurance services. 66518000 - Insurance brokerage and agency services.
Contract can be extended:
No
Extension Date:
Delivery regions:
UK UNITED KINGDOM
Award criteria:
Quality criterion - Name: Criterion 1 / Weighting: 60
Quality criterion - Name: Criterion 2 / Weighting: 40
Lot 2 : FLEA perils Excess in-fill cover for 10 blocks of residential property as required by Paradigm Housing Group Limited
Description: This Lot includes the FLEA perils Excess in-fill for 10 blocks of residential property as required by Paradigm Housing Group Limited
Value (estimated):
GBP 385,000 excluding VAT GBP 462,000 including VAT Contract dates (estimated)
12/12/2025 to 11/12/2028
CPV Classifications:
66510000 - Insurance services. 66515000 - Damage or loss insurance services. 66515100 - Fire insurance services. 66515200 - Property insurance services. 66517300 - Risk management insurance services. 66518000 - Insurance brokerage and agency services.
Contract can be extended:
No
Extension Date:
Delivery regions:
UK UNITED KINGDOM
Award criteria:
Quality criterion - Name: Criterion 1 / Weighting: 60
Quality criterion - Name: Criterion 2 / Weighting: 40
Lot 3 : Optional Lot for primary Property insurance cover for 10 blocks of residential property, as required by Paradigm Housing Group Limited
Description: Optional primary Property insurance cover for 10 blocks of residential property, as required by Paradigm Housing Group Limited. This Lot will only be awarded if Lots 1 and 2 are not Awarded and if it proves financially preferable to the Contracting Authority to remove the specified properties from its existing primary insurance cover, which currently limits cover iro FLEA perils to £5m per property and with a £1m FLEA perils Excess.
Value (estimated):
GBP 400,000 excluding VAT GBP 480,000 including VAT Contract dates (estimated)
12/12/2025 to 11/12/2028
CPV Classifications:
66510000 - Insurance services. 66515000 - Damage or loss insurance services. 66515100 - Fire insurance services. 66515200 - Property insurance services. 66516000 - Liability insurance services. 66516400 - General liability insurance services. 66517300 - Risk management insurance services. 66518000 - Insurance brokerage and agency services.
Contract can be extended:
No
Extension Date:
Delivery regions:
UK UNITED KINGDOM
Award criteria:
Quality criterion - Name: Criterion 1 / Weighting: 60
Quality criterion - Name: Criterion 2 / Weighting: 40
Submission
Enquiry deadline: 21/07/2025 Time: 13.00Deadline for requests to participate: 28/07/2025 Time: 17.00
Submission address and any special instructions: https://www.delta-esourcing.com/
An electronic auction will be used: No
Languages that may be used for submission: English, Award decision date (estimated): 24/11/2025
Procedure
Procedure type: Competitive flexible procedure
Contracting authority
Paradigm Housing Group Limited, PLXC-6287-YGWX
1 Glory Park Avenue, Wooburn Green, Buckinghamshire, HP10 0DF, United Kingdom
Tel. 01628 969 732, Email: Steve.Brady@paradigmhousing.co.uk
Contact: Steve Brady
Address of the buyer profile: https://www.paradigmhousing.co.uk
Organisation type: BODY_PUBLIC
Devolved regulations that apply: None