Planning

TfL 95756 Uninsured Loss Recovery Services

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Planning

30 Jun 2021 at 11:34

Market Engagement Notice
Summary of the contracting process

Transport for London (TfL) is initiating the procurement process for the "TfL 95756 Uninsured Loss Recovery Services" in the financial and insurance services industry category. The tender is currently at the planning stage, with a key engagement deadline set for 16th July 2021. This process aims to identify suitable suppliers that have the capacity and capability to recover financial losses incurred by TfL due to damage to its property caused by third parties. The relevant delivery addresses for this procurement are located within the United Kingdom.

This tender presents significant opportunities for businesses specialising in financial recovery and insurance services, particularly those that can demonstrate expertise in managing claims and legal disputes. Small and medium-sized enterprises (SMEs) are encouraged to participate, as they may possess the agility and tailored service approach that large organisations often overlook. Suppliers that can navigate the complexities of Covid-19 and Brexit-related risks will be distinctly suited for this engagement.

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Notice Information

Notice Title

TfL 95756 Uninsured Loss Recovery Services

Notice Description

TfL 95756 Uninsured Loss Recovery Services Transport for London (TfL) will soon start the procurement for the provision of Uninsured Loss Recovery services. TfL is now issuing this Market Sounding Questionnaire (MSQ) d to better understand if there is supplier appetite, capacity and capability, as well as perceived risks, including risks, related to Covid-19 pandemic and Brexit. TfL will be looking for a Service Provider, responsible for effecting recoveries from third parties (and/or their insurers) when TfL incur financial loss through the loss of, or damage to TfL property by the Third Party's actions. The Service Provider will be required to take on the responsibility for collating adequate information and evidence from within TfL and from other sources to pursue the Recovery be it by Agreement or by litigation. The Service Provider will be required to oversee and manage and/or advise the whole process to its conclusion.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9b402cf5-34a7-4845-a700-0e8a021ce04b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/09301aa5-25d9-4e53-8b9e-fc149130d9ed
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Market Engagement Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£1
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
30 Jun 20214 years ago
Submission Deadline
Not specified
Future Notice Date
16 Jul 2021Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
TRANSPORT FOR LONDON
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
SE10 0ES
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
Not specified
Local Authority
Greenwich
Electoral Ward
Greenwich Peninsula
Westminster Constituency
Greenwich and Woolwich

Further Information

Notice Documents

Notice URLs

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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