Award

Property & Liability insurance

METROPOLITAN POLICE SERVICE

This public procurement record has 1 release in its history.

Award

04 Feb 2021 at 16:00

Summary of the contracting process

The Metropolitan Police Service issued a tender for the supply of Property and Liability Insurance titled "Property & Liability insurance." This procurement falls under the insurance services category, specifically designed for property and liability insurance. The contract, awarded on 17th September 2020, commenced on 1st October 2020 and is set to conclude on 30th September 2022. This procurement was conducted through a selective method, which follows a restricted procedure, primarily within London, United Kingdom. The tender process has now reached the award stage as evidenced by the completion status indicated.

This tender presents significant business growth opportunities for insurance firms, particularly those specialising in property and liability coverage. Companies with substantial experience in managing insurance portfolios are encouraged to participate. The involvement of large suppliers, such as Zurich Municipal Insurance, Chubb European Group SE, and Swiss Re International SE, indicates a competitive landscape where firms with proven track records in the insurance industry may excel. Successful competitors will likely benefit from a long-term relationship with a key public sector buyer, enhancing their visibility and credibility in the market.

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Notice Title

Property & Liability insurance

Notice Description

Insurance Invitation to Tender for the Supply of Property & Liability Insurance 2020 for The Mayor's Office for Police and Crime

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-043e39ac-a306-4e2e-8d40-28281188358a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/78aeaced-0426-4ebe-9eca-50a501f01381
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

66515200 - Property insurance services

66516000 - Liability insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
4 Feb 20215 years ago
Submission Deadline
8 Jun 2020Expired
Future Notice Date
Not specified
Award Date
16 Sep 20205 years ago
Contract Period
30 Sep 2020 - 30 Sep 2022 1-2 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
METROPOLITAN POLICE SERVICE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GREATER LONDON
Postcode
SW6 1TR
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI33 Kensington & Chelsea and Hammersmith & Fulham
Delivery Location
TLI London

Local Authority
Hammersmith and Fulham
Electoral Ward
West Kensington
Westminster Constituency
Chelsea and Fulham

Supplier Information

Number of Suppliers
3
Supplier Names

CHUBB EUROPEAN GROUP

SWISS RE INTERNATIONAL

ZURICH MUNICIPAL INSURANCE

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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