Provision of Insurance and Related Services to Broadacres Housing Association

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About this contract

Text to be corrected in the original notice: Place of text to be modified: Minimum level(s) of standards possibly required (if applicable) : Instead of: The financial ability to deliver the Programme, including Insurers with a minimum rating of \"B++\" from S&P, or an equivalent rating by an independent and reputable credit rating agency and approved by the bidder's marketsecurity committee. In the case of a rating less than B++, Broadacres Housing Association will evaluate and accept the nominated Insurer(s) at its sole discretion, subject to disclosure and acceptance prior to the Bid deadline of the bidder's market security committee's latest report, including written recommendation from the bidder'smarket security committee. Read: The financial ability to deliver the Programme, including Insurers with a minimum rating of \"B++\" from AM Best or S&P \"A-\", or an equivalent rating by an independent and reputable credit rating agency and approved by the bidder's marketsecurity committee. In the case of a rating less than A-, Broadacres Housing Association will evaluate and accept the nominated Insurer(s) at its sole discretion, subject to disclosure and acceptance prior to the Bid deadline of the bidder's market security committee's latest report, including written recommendation from the bidder'smarket security committee. Other additional information: Bidders should note that for reasons of confidentiality, full Tender information will be made available only to those bidders that are selected to proceed to the ITT Stage. Sufficient detail is provided within this Notice, the SQ and via the Authority's e-procurement portal to enable the Bidder to decide whether to participate in this process. At the ITT stage, all respondents will be required to detail your proposed insurance wordings and provide details of relevant experience of all account servicing, claims handling and risk management staff. The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out forthe procurement. Insurance and related services for Property, legal liability and other general (non-life)insurable risks, as required by Broadacres Housing Association

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