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Contract for the Provision of Insurance coverage and associated service (not broking services)

London Borough of Barking and Dagenham

This public procurement record has 2 releases in its history.

Award

07 Jun 2023 at 19:19

Award Notice
Tender

01 Dec 2022 at 16:45

Tender Notice
Summary of the contracting process

The London Borough of Barking and Dagenham has awarded a contract for the provision of insurance coverage and associated services. The total contract value is £10,494,035.73 GBP. The procurement method used was an open procedure (above threshold). The contract period is from April 1, 2023, to March 31, 2026. The procurement process was completed on March 1, 2023.

This procurement opportunity can create business growth opportunities for insurance service providers, particularly those with expertise in areas such as general property insurance, casualty insurance, motor fleet insurance, and other specified insurance categories. Businesses interested in providing insurance coverage and associated services to public authorities in the United Kingdom, specifically in London, are well-suited to compete for such tenders.

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Notice Information

Notice Title

Contract for the Provision of Insurance coverage and associated service (not broking services)

Notice Description

The Council (the Contracting Authority) tendered and awarded a contract for the provision of insurances coverage and associated services. The contracts are split into lots as follows: Lot 1 - General property including Computers, Contract Works, Business Interruption, Special (all) risks and Money. Lot 2 - Commercial & Industrial properties let to tenants. Lot 3 - Casualty insurance including Employers/Public/Products Liability, Officials Indemnity, Professional Negligence, Public Health, Hirers Liability and Fidelity Guarantee Lot 4 - Motor Fleet insurance Lot 5 - Personal Accident & Travel insurance Lot 6 - Engineering services (Inspection and Insurance) Lot 7 - Medical Malpractice Lot 8 - Fine Art

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-29ea62f4-93b8-44fd-9f6a-731648a6b5c1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/33905516-f5f5-4dd3-be37-8f035be03753
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£10,494,035 £10M-£100M
Lots Value
Not specified
Awards Value
£10,494,035 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
7 Jun 20233 years ago
Submission Deadline
1 Feb 2023Expired
Future Notice Date
Not specified
Award Date
1 Mar 20233 years ago
Contract Period
1 Apr 2023 - 31 Mar 2026 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
London Borough of Barking and Dagenham
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BARKING
Postcode
IG11 7LU
Postcode Area
Ilford
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI5 Outer London - East and North East
Small Region (ITL 3)
TLI52 Barking & Dagenham and Havering
Delivery Location
TLI London
Local Authority
Barking and Dagenham
Electoral Ward
Abbey
Westminster Constituency
Barking

Supplier Information

Number of Suppliers
2
Supplier Names

Risk Management Partners

Zurich Municipal

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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