Tender

City Estate Properties - Fire Insurance Re Valuations

CITY OF LONDON CORPORATION

This public procurement record has 1 release in its history.

Tender

16 Dec 2024 at 12:22

Tender Notice
Summary of the contracting process

The City of London Corporation is seeking tenders for the revaluation of fire insurance for its estate properties, which include a diverse range of uses such as residential, retail, office, hotel, and industrial units. The tender, titled "City Estate Properties - Fire Insurance Re Valuations," falls under the fire insurance services category (CPV code: 66515100) and is valued at £115,000. This open procurement process, with a tender period ending on 4 February 2025, is primarily concerned with properties in London. The contract is expected to start on 3 March 2025 and end by 26 September 2025.

This tender presents a valuable opportunity for businesses specialising in insurance services to collaborate with a prestigious public body. Companies experienced in property insurance revaluation, particularly those adept at handling diverse property portfolios, would be well-suited for this contract. As the tender is not restricted to SMEs or VCSEs, larger firms may find this an attractive opportunity to expand their services and establish a relationship with the City of London Corporation.

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Notice Information

Notice Title

City Estate Properties - Fire Insurance Re Valuations

Notice Description

The City's Estate Properties are generally subject to standard inflationary pressures and comprise Residential, Retail, Office, Hotel, Pub, Museum, Recording Studio, Light Industrial, Warehouse uses and range in size from approximately 144m2 to approximately 67,800m2. There are currently 128 properties requiring revaluation, however, please note that there could be omissions or additions to that list during the contract period should the status of any property change. For a list of these properties and their general attributes see Appendix B - List of Properties & General Information.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a29942f2-9293-459e-818c-5201982036b9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/40f56d14-1fb4-43d2-9af1-e4f0fe678c3c
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 (below threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66515100 - Fire insurance services

Notice Value(s)

Tender Value
£115,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
16 Dec 20241 years ago
Submission Deadline
4 Feb 2025Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
3 Mar 2025 - 26 Sep 2025 6-12 months
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
CITY OF LONDON CORPORATION
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
EC2V 7HH
Post Town
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLI London
Local Authority
City of London
Electoral Ward
Bassishaw
Westminster Constituency
Cities of London and Westminster

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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