Insurance Provision - Modification

Concepts

• insurance services
• edinburgh
• insurance provision
• the existing insurance provision contract
• insurance provision - modification
• the current insurance service broker/provider
• modification
• insurance
• prospect community housing
• marsh ltd

Location

Edinburgh

Description

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.

Total Quantity or Scope

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.

Award Detail

Award Criteria

CPV Codes

• 66510000 - Insurance services

Indicators

• Award on basis of price.

Legal Justification

Award of a contract without prior publication of a call for competition

Other Information

It should be noted that this VEAT notice is intended to inform the market of the intention to modify a contract under Regulation 72 (1) (c) and whilst the PCS system requires an award date prior to the VEAT notice publication for the avoidance of doubt it should be noted that the contract has not been entered into prior to the publication of this notice. (SC Ref:766915)