This public procurement record has 1 release in its history.

Award

17 Jul 2018 at 12:00

Summary of the contracting process

The London Fire Commissioner has concluded a tender process for the provision of insurance services, specifically tailored for the London Fire and Emergency Planning Authority. This open procurement method included various insurance categories such as accident and health, motor vehicle, and property insurance. The tender period ended on 4th May 2018, following the award of the contract on 19th June 2018, with the contract duration running from 1st July 2018 to 30th June 2022. The total contract value was £5,217,000, and the services were to be delivered in London, UK.

This procurement represents a significant opportunity for businesses specialising in insurance services, particularly larger firms capable of offering a diverse range of risk management solutions. Companies focused on accident and health insurance, liability insurance, or property insurance services would be well-positioned to compete in similar future tenders. Engaging with this sector can facilitate business growth as more public sector contracts arise, especially in urban locations like London.

How relevant is this notice?

Notice Title

Provision of Insurance Services

Notice Description

Provision and placement of insurance related services only for London Fire and Emergency Planning Authority.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4e063fe7-8b8d-465d-99fa-08f19457b778
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/29d18e4f-e2b2-4669-9244-6f6c83a7a223
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

66512000 - Accident and health insurance services

66514110 - Motor vehicle insurance services

66514120 - Marine, aviation and other transport insurance services

66514150 - Vessel insurance services

66515200 - Property insurance services

66515410 - Financial loss insurance services

66516000 - Liability insurance services

66516300 - Vessel liability insurance services

66516500 - Professional liability insurance services

66519200 - Engineering insurance services

Notice Value(s)

Tender Value
£5,217,000 £1M-£10M
Lots Value
Not specified
Awards Value
£4,731,158 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
17 Jul 20188 years ago
Submission Deadline
4 May 2018Expired
Future Notice Date
Not specified
Award Date
19 Jun 20188 years ago
Contract Period
1 Jul 2018 - 30 Jun 2022 4-5 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 Fire Commissioner
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
SE1 0LL
Postcode Area
South East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
TLI London

Local Authority
Southwark
Electoral Ward
Borough & Bankside
Westminster Constituency
Bermondsey and Old Southwark

Supplier Information

Number of Suppliers
2
Supplier Names

Risk Management Partners Limited

Travelers Insurance Co Ltd

Open Contracting Data Standard (OCDS)

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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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