Award

London Borough of Barnet Insurance Tender (Excluding Broking Services)

LONDON BOROUGH OF BARNET COUNCIL

This public procurement record has 1 release in its history.

Award

22 Oct 2018 at 16:45

Summary of the contracting process

The London Borough of Barnet Council is conducting an insurance tender that commenced on 1st October 2018, with a contract period running until 30th September 2023. The open procurement process covers various insurance services with a total estimated value of £2.2 million. The tender includes multiple lots such as property insurance, liability, motor fleet, and personal accident coverage. The tender period ended on 1st January 2018 and is located in London, in alignment with the CPV classification for insurance services.

This tender presents substantial opportunities for businesses in the insurance sector, particularly those specialising in property, liability, and motor insurance services. Companies that can deliver comprehensive coverage options and demonstrate expertise in long-term insurance contracts would be well-positioned to compete. Additionally, the tender format allows for multiple suppliers to participate, making it an attractive bidding opportunity for both established firms and newer entrants looking to expand their portfolios in the public sector.

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Notice Title

London Borough of Barnet Insurance Tender (Excluding Broking Services)

Notice Description

The London Borough of Barnet is seeking tender submissions for annual insurance cover commencing from the 1.10.2018 under a longterm agreement (LTA) for a minimum period of 3 years with the option to extend for a further 2 years at the Authority's sole discretion.The following Lots were tendered:- Lot 1: Property, including CAR, Business Interruption, Money, All Risks and Terrorism,- Lot 2: Liability, Crime,- Lot 3: Motor fleet,- Lot 4: Personal Accident, Travel and School Journey.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-196edf28-5cbb-4a5a-9b59-dd40f517f62b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0f40b823-36e3-4343-9939-c024cea93e7d
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£2,200,000 £1M-£10M
Lots Value
Not specified
Awards Value
£2,200,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
22 Oct 20187 years ago
Submission Deadline
1 Jan 2018Expired
Future Notice Date
Not specified
Award Date
30 Sep 20187 years ago
Contract Period
30 Sep 2018 - 30 Sep 2023 Over 5 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
LONDON BOROUGH OF BARNET COUNCIL
Contact Name
Kim Medhurst
Contact Email
kim.medhurst@barnet.gov.uk
Contact Phone
+44 7730287061

Buyer Location

Locality
LONDON
Postcode
N11 1NP
Post Town
North London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI7 Outer London - West and North West
Small Region (ITL 3)
TLI71 Barnet
Delivery Location
TLI London

Local Authority
Barnet
Electoral Ward
Brunswick Park
Westminster Constituency
Chipping Barnet

Supplier Information

Number of Suppliers
3
Supplier Names

PROTECTOR INSURANCE

TRAVELERS INSURANCE

ZURICH INSURANCE

Further Information

Notice Documents

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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