- Lot 1. Excess-value Property Insurance and related services, as required by Paradigm Housing Group
- Lot 2. FLEA perils Excess in-fill cover for 10 blocks of residential property as required by Paradigm Housing Group Limited
- Lot 3. Optional Lot for primary Property insurance cover for 10 blocks of residential property, as required by Paradigm Housing Group Limited
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:
Total value (estimated)
- £1,000,000 excluding VAT
- £1,200,000 including VAT
Above the relevant threshold
Contract dates (estimated)
- 12 December 2025 to 11 December 2028
- 3 years
Main procurement category
Services
Contract locations
- UK - United Kingdom
Lot constraints
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.
Not the same for all lots
CPV classifications are shown in Lot sections, because they are not the same for all 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.
Lot value (estimated)
- £215,000 excluding VAT
- £258,000 including VAT
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
Same for all lots
Contract locations and contract dates are shown in the Scope section, because they are the same for all lots.
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
Lot value (estimated)
- £385,000 excluding VAT
- £462,000 including VAT
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
Same for all lots
Contract locations and contract dates are shown in the Scope section, because they are the same for all lots.
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.
Lot value (estimated)
- £400,000 excluding VAT
- £480,000 including VAT
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
Same for all lots
Contract locations and contract dates are shown in the Scope section, because they are the same for all lots.
Participation
Particular suitability
Lot 1. Excess-value Property Insurance and related services, as required by Paradigm Housing Group
Lot 2. FLEA perils Excess in-fill cover for 10 blocks of residential property as required by Paradigm Housing Group Limited
Lot 3. Optional Lot for primary Property insurance cover for 10 blocks of residential property, as required by Paradigm Housing Group Limited
Small and medium-sized enterprises (SME)
Submission
Enquiry deadline
21 July 2025, 12:00am
Submission type
Tenders
Deadline for requests to participate
28 July 2025, 12:00am
Submission address and any special instructions
Tenders may be submitted electronically
Yes
Languages that may be used for submission
English
Award decision date (estimated)
24 November 2025
Award criteria
| Name | Type | Weighting |
|---|---|---|
| Criterion 1 | Price | 60% |
| Criterion 2 | Quality | 40% |
Other information
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Competitive flexible procedure
Competitive flexible procedure description
The procedure will consist of a multi stage procurement, covering a conditions of participation stage and three stages contained within the tendering period, allowing for shortlisting of suppliers at each round. The high level weightings apportioned to this procurement consists of 60% Cost / 40% Quality.
Contracting authority
Paradigm Housing Group Limited
- Public Procurement Organisation Number: PLXC-6287-YGWX
1 Glory Park Avenue, Wooburn Green
Buckinghamshire
HP10 0DF
United Kingdom
Region: UKJ13 - Buckinghamshire CC
Organisation type: Public undertaking (commercial organisation subject to public authority oversight)
Other organisation
These organisations are carrying out the procurement, or part of it, on behalf of the contracting authorities.
Gibbs Laidler Consulting LLP
Summary of their role in this procurement: Working on behalf of the contracting authority
- Public Procurement Organisation Number: PGJB-3773-RCMH
The Courtyard, Salters Heath Business Centre, Cold Arbour Road
Sevenoaks
TN13 2BL
United Kingdom
Region: UKJ46 - West Kent