Award

Insurance Services

MUSEUM OF LONDON

This public procurement record has 1 release in its history.

Award

04 May 2020 at 14:40

Summary of the contracting process

The Museum of London has initiated a procurement process to secure Insurance Services, encapsulated under ten specific lots including Property Combined and Directors and Officers. This tender, classified under the CPV code for insurance services, completed its tender period on 4 November 2019 and the awarded contract is valued at £595,000, covering a contract period from 1 December 2019 to 1 December 2024. The procurement followed an open procedure and is situated in London, United Kingdom, where the buying organisation is headquartered at 150 London Wall, EC2Y 5HN.

This tender presents significant opportunities for SMEs engaged in the insurance sector, particularly those specialising in various types of insurance services. The fragmentation of the contract into specific lots allows companies of different sizes and expertise to compete effectively. Businesses focusing on property, liability, or specific types of insurance coverages would find this contract particularly relevant for growth and partnership opportunities with the Museum of London and their ongoing requirements.

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Notice Title

Insurance Services

Notice Description

The provision of Insurance Services for the the Museum of London ('Museum'). This contract is divided into the following lots: Lot 1 Property Combined Lot 2 Fidelity Guarantee Lot 3 Terrorism Lot 4 Combined Liability Lot 5 Excess Public and Products Liability Lot 6 Motor Fleet Lot 7 Personal Accident Lot 8 Combined Engineering Lot 9 Directors and Officers Lot 10 Fine Arts/Museums

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-202c035d-3724-4f7d-9986-50d29f4f5bd4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e9505f42-9376-4558-9f95-63e88e7fd02d
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£595,000 £500K-£1M
Lots Value
Not specified
Awards Value
£595,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
4 May 20205 years ago
Submission Deadline
4 Nov 2019Expired
Future Notice Date
Not specified
Award Date
4 Nov 20196 years ago
Contract Period
1 Dec 2019 - 1 Dec 2024 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
MUSEUM OF LONDON
Contact Name
Not specified
Contact Email
procurement@museumoflondon.org.uk
Contact Phone
+442078145676

Buyer Location

Locality
LONDON
Postcode
EC2Y 5HN
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLI London

Local Authority
City of London
Electoral Ward
Aldersgate
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
4
Supplier Names

ALESCO RISK MANAGEMENT SERVICES

ARTHUR J. GALLAGHER (UK

AVIVA INSURANCE

RISK MANAGEMENT PARTNERS

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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