Tender

London Borough of Newham Commercial Property Insurance Tender

ONESOURCE

This public procurement record has 1 release in its history.

Tender

24 Jul 2018 at 14:03

Tender Notice
Summary of the contracting process

The London Borough of Newham is inviting tenders for the Commercial Property Insurance Tender, aimed at providing insurance, claims handling, and risk management services for its properties. The procurement process is currently in the Tender stage, with submissions accepted until 23 August 2018. This five-year contract offers potential extensions, making it possible for suppliers to engage for up to eight years. The estimated contract value is £3,360,000, and the location for service delivery is London, United Kingdom.

This tender presents a significant opportunity for businesses specialising in insurance services, particularly those capable of managing commercial property portfolios. Small and medium-sized enterprises (SMEs) are encouraged to participate, as they align with the contracting authority's suitability requirements. Companies focusing on insurance services, claims management, and risk mitigation will find this tender well-suited to their capabilities, enabling them to expand their footprint within the public sector market.

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Notice Information

Notice Title

London Borough of Newham Commercial Property Insurance Tender

Notice Description

Newham Council wish to invite Tenders for the supply of insurance, claims handling and risk management services as detailed within the tender documentation for the London Borough of Newham Commercial Property Insurance Services This Contract will run for 5 years, with an option to extend annually for a further 1 + 1 + 1 years, making 8 years in total. Tenders may be submitted for all lots The contracting authority reserves the right to award contracts combining the following lots or groups of lots: Tenders for either Lot 1, Lot 2, both Lots or any combination thereof will be accepted. Lot 1 : Provision of insurance related services in respect of Commercial Properties owned by Newham Council. Lot 2: Provision of insurance related services in respect of an investment portfolio of Commercial Properties owned by Newham Council. to access Lot 1 tender documentation please go to https://www.capitalesourcing.com/web/login.shtml prj_OSN_11232 - London Borough of Newham Commercial Property Insurance Tender RFQ/ITT: itt_OSN_8590 - Lot 1 London Borough of Newham Commercial Property Insurance Tender to access Lot 2 tender documentation please go to https://www.capitalesourcing.com/web/login.shtml prj_OSN_11232- London Borough of Newham Commercial Property Insurance Tender RFQ/ITT: itt_OSN_8591 - Lot 2 London Borough of Newham Commercial Property Insurance Tender

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3c4829fc-800d-4e32-956e-39cb4062ac61
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1a46db98-493d-4b2f-a671-5abdb27dc5d0
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 (above threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£3,360,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
24 Jul 20187 years ago
Submission Deadline
23 Aug 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Dec 2018 - 30 Nov 2023 Over 5 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
ONESOURCE
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 E1
Postcode
E16 2QU
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
TLI London
Local Authority
Newham
Electoral Ward
Royal Albert
Westminster Constituency
West Ham and Beckton

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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