Tender

652/2017CED Procurement of Leasehold RTB Property Insurance for Insurance London Consortium

CROYDON COUNCIL ON BEHALF OF INSURANCE LONDON CONSORTIUM (ILC)

This public procurement record has 1 release in its history.

Tender

08 Sep 2017 at 16:36

Tender Notice
Summary of the contracting process

The Croydon Council, acting on behalf of the Insurance London Consortium (ILC), is currently in the Tender stage for the contract titled "652/2017CED Procurement of Leasehold RTB Property Insurance." This procurement falls within the insurance services industry and pertains to multiple London Boroughs, including Camden, Croydon, Haringey, Harrow, Islington, Lambeth, Sutton, Tower Hamlets, and the Royal Borough of Kingston. The tender period is set to conclude on 6 November 2017, and the contract period is scheduled to commence on 1 April 2018, running for five years until 31 March 2023. The total value for this procurement is estimated at £40 million, and the process will follow an open procurement method.

This tender presents significant opportunities for businesses specialising in insurance services, particularly those equipped to provide property insurance coverage for leasehold properties. Companies looking to expand their operations in the public sector and those with experience partnering with local authorities would be well-suited to compete for this contract. By participating in this procurement process, successful bidders could establish long-term relationships with multiple borough councils and enhance their presence within the London market.

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Notice Information

Notice Title

652/2017CED Procurement of Leasehold RTB Property Insurance for Insurance London Consortium

Notice Description

The London Borough of Croydon and other participating Local Authorities of the Insurance London Consortium (ILC) are tendering for the Leasehold Right to buy Property Insurance. The period of cover will be for 5 years for the following London Boroughs; Camden, Croydon, Haringey, Harrow, Islington, Lambeth, Sutton ,Tower Hamlets and Royal Borough of Kingston. Additional information: The Council reserves the right, subject to the provisions of the Public Contracts Regulations 2015 to change without notice the basis of any part of the procurement process or to cancel the procurement at any time and not to proceed with the award of any contract at any stage of the procurement process. If you wish to register an interest in this contract please register your company free of charge via https://www.londontenders.org/procontract/supplier.nsf/frm_home?openForm Await acceptance. You will receive an email confirming your username and password. Use your username and password to log into the London Tenders Portal and register your interest in this contract. Shortly after you have registered your interest, you will receive a second email containing a link to access theTender Documentation. All questions and queries regarding the procurement must be posed via the London Tenders Portal. Tenders may be submitted at any time before the closing date

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7d7ba604-c557-4b6a-ab62-189a9161577d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5d9e9c73-15ff-4ac0-b8af-d33348070c42
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
Not specified
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
£40,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
8 Sep 20178 years ago
Submission Deadline
6 Nov 2017Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2018 - 31 Mar 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
CROYDON COUNCIL ON BEHALF OF INSURANCE LONDON CONSORTIUM (ILC)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CROYDON
Postcode
CR0 1EA
Post Town
Croydon
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI62 Croydon
Delivery Location
TLI London
Local Authority
Croydon
Electoral Ward
Fairfield
Westminster Constituency
Croydon West

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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