Award

Award of Contracts for Tri-borough Shared Service Insurance

CAPITALESOURCING

This public procurement record has 1 release in its history.

Award

31 Mar 2017 at 09:16

Summary of the contracting process

The public procurement process involves the awarding of contracts for Tri-borough Shared Service Insurance by the capitalEsourcing organisation, which serves the London Borough of Hammersmith & Fulham, The Royal Borough of Kensington and Chelsea, and Westminster City Council. This procurement, classified as 'Insurance services', has reached the Award stage, with the contract period spanning from 1st April 2017 to 31st March 2023. The open procedure was initiated with a tender period that ended on 16th December 2016, and the total contract value amounts to £8,648,319.

This tender presents significant opportunities for businesses in the insurance sector, particularly those specialising in property, liability, and related insurance services. Companies capable of providing robust insurance solutions, including those focusing on terrorism and personal accident cover, would be well-suited to engage in future procurement opportunities under the auspices of capitalEsourcing. The active suppliers, such as Charles Taylor Services Ltd, Protector Forsikring ASA, and Risk Management Partners Ltd, are examples of the types of large firms that have successfully competed for these contracts.

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Notice Title

Award of Contracts for Tri-borough Shared Service Insurance

Notice Description

Contract Award Notice for the provision of Insurance for Property, Liability, FG/Crime, PA /Travel and Terrorism for the London Borough of Hammersmith & Fulham, The Royal Borough of Kensington and Chelsea, and Westminster City Council for the period 2017 -2023. Additional information: The Contract Notice published in Contracts Finder on 17 October 2016 relates to this Award Notice.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-765d47ce-c873-4145-9625-8601977b5b3d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a9c5488c-5f58-486f-bc75-2f8833b20216
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

Notice Value(s)

Tender Value
£8,648,319 £1M-£10M
Lots Value
Not specified
Awards Value
£8,648,319 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
31 Mar 20178 years ago
Submission Deadline
16 Dec 2016Expired
Future Notice Date
Not specified
Award Date
1 Mar 20178 years ago
Contract Period
31 Mar 2017 - 31 Mar 2023 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
CAPITALESOURCING
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
W8 7NX
Post Town
West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI33 Kensington & Chelsea and Hammersmith & Fulham
Delivery Location
TLI London

Local Authority
Kensington and Chelsea
Electoral Ward
Campden
Westminster Constituency
Kensington and Bayswater

Supplier Information

Number of Suppliers
3
Supplier Names

CHARLES TAYLOR SERVICES

PROTECTOR FORSIKRING

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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