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Leasehold buildings Insurance Contract

London Borough of Enfield

This public procurement record has 1 release in its history.

Award

30 Oct 2024 at 11:06

Award Notice
Summary of the contracting process

The London Borough of Enfield has completed the procurement process for a Leasehold Buildings Insurance Contract. This contract, awarded to Protector Insurance, falls under the Financial and Insurance Services category. The procurement followed a mini-competition under the YPO Insurance Placement DPS and is valued at £11,630,565 for a five-year period starting from 1 April 2024 to 31 March 2029. The formal tender period ended on 14 December 2023, and the contract covers delivery addresses including EN1 3ES, the British Overseas Territories, Channel Islands, Europe, Isle of Man, Rest of the World, and the United Kingdom.

This awarded tender provides substantial opportunities for businesses specialising in large-scale financial and insurance services. Despite its completion, firms that operate within similar sectors or have aspirations of competing at this level can gain insights into the competitive landscape and procurement methods used by large local authorities like Enfield. Furthermore, although the tender indicates non-suitability for SMEs and VCSEs, it signals future opportunities where large firms can position themselves for similar high-value contracts in government procurements.

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Notice Information

Notice Title

Leasehold buildings Insurance Contract

Notice Description

*Please note: this is NOT an opportunity, it is the publication of an award notice in line with the Governments Transparency Agenda* The Provision of Leasehold Buildings Insurance for Enfield Council A mini-competition for this service was undertaken under the YPO Insurance Placement DPS (ref.978) The contract duration is a 5 year fixed period.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b1d8e678-39e1-4e81-bfa4-be953c41c0e8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0a113be6-9ab0-4fa5-bea3-c5ee354cccb5
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£11,630,565 £10M-£100M
Lots Value
Not specified
Awards Value
£11,630,565 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
30 Oct 20241 years ago
Submission Deadline
14 Dec 2023Expired
Future Notice Date
Not specified
Award Date
21 Mar 20242 years ago
Contract Period
1 Apr 2024 - 31 Mar 2029 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
London Borough of Enfield
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
ENFIELD
Postcode
EN1 3ES
Postcode Area
Enfield
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI5 Outer London - East and North East
Small Region (ITL 3)
TLI54 Enfield
Delivery Location
Not specified
Local Authority
Enfield
Electoral Ward
Town
Westminster Constituency
Enfield North

Supplier Information

Number of Suppliers
1
Supplier Name

Protector Insurance

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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