Tender

SPS 2521 - Leasehold (RTB) Properties Insurance

ROYAL BOROUGH OF GREENWICH

This public procurement record has 1 release in its history.

Tender

27 Sep 2021 at 14:58

Tender Notice
Summary of the contracting process

The Royal Borough of Greenwich is inviting tenders for the contract titled "SPS 2521 - Leasehold (RTB) Properties Insurance," which falls under the property insurance services category. The tender is currently in the open stage and submissions must be submitted by 17:00 on 26th October 2021, UK Local Time. The contract is set to commence on 1st April 2022 and will run for three years, with the potential for a two-year extension, bringing the total possible duration to five years. The procurement process is being conducted openly, allowing a wide range of potential suppliers to participate.

This tender presents a significant opportunity for small and medium-sized enterprises (SMEs) in the insurance sector, particularly those specialising in property insurance services. Businesses equipped to handle leasehold and right-to-buy property insurance submissions are well-positioned to compete effectively. The financial value of the contract is approximately £3,000,000, making this a lucrative prospect for qualified businesses looking to expand their client base and services within the public sector.

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Notice Information

Notice Title

SPS 2521 - Leasehold (RTB) Properties Insurance

Notice Description

Royal borough of Greenwich is seeking tender submissions for Property Insurance in respect of leasehold/RTB properties, excluding broker services. Detailed description of the service is provided in the tender documents. The contract will commence 1st April 2022 under a 3-year Long Term Agreement with the option to extend for a further 1 year plus 1 year making it a potential contract period of 5 years at the authority's sole discretion. To access the documents please follow the link below: https://procontract.due-north.com/Opportunities/Index?resetFilter=True&applyFilter=True&p=2241eb95-058a-e511-80f7-000c29c9ba21&v=1 Additional information: Full details relating to the Services are provided in the tender documents. In the event of difficulties registering as a supplier, please refer to the System Administrator Proactis support team ProContractSuppliers@proactis.com Tender Responses are required to be submitted no later than 17:00pm on the 26th October 2021, UK Local time via ProContract tender portal. If you require any clarifications on the tender documents, please submit these in writing via Messaging in ProContract tender portal, including the project reference and title clearly in the Subject title, by 17:00pm on the 11th October 2021 UK Local time. The Councils responses to these clarification questions will be issued periodically via Messaging in ProContract tender portal. Please note that this project has been advertised on Contracts Finder/ other web portals, however, supplying the ProContract tender portal is the only portal that includes all the relevant documents required to respond to this opportunity, bearing Project Id: DN572466. No Tender submissions will be considered without completing the tender documents in full including attachments and returning them in alignment with the instructions within the tender documents.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-37692a4a-0649-44a7-829d-148338df1083
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d508534c-0a8f-4069-919b-8737176b2102
Current Stage
Tender
All Stages
Tender

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66515200 - Property insurance services

Notice Value(s)

Tender Value
£3,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
27 Sep 20214 years ago
Submission Deadline
26 Oct 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2022 - 1 Apr 2025 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
ROYAL BOROUGH OF GREENWICH
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SE18 6HQ
Post Town
South East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI5 Outer London - East and North East
Small Region (ITL 3)
TLI51 Bexley and Greenwich
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Greenwich
Electoral Ward
Woolwich Arsenal
Westminster Constituency
Greenwich and Woolwich

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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