Tender

Provision of Insurance Services

LONDON BOROUGH OF HACKNEY

This public procurement record has 2 releases in its history.

TenderAmendment

23 Oct 2017 at 11:01

Tender Notice
Tender

23 Oct 2017 at 10:59

Tender Notice
Summary of the contracting process

The London Borough of Hackney is seeking proposals for the "Provision of Insurance Services" through an open procurement process. The project requires comprehensive insurance arrangements effective from 1 April 2018, lasting three years with a possible extension of two additional years. The estimated total value of this contract over five years is between £6 million and £11 million. The tender opportunity is currently open, with proposals due by 27 November 2017. Interested parties should note the delivery will be in London, United Kingdom, and it encompasses various lots including Property Insurance, Liability Insurance, and Motor Fleet Insurance among others.

This tender presents an excellent opportunity for insurance service providers, particularly those with experience in public sector contracts. Companies specialising in various insurance domains—such as property, liability, and motor vehicle insurance—will find this tender especially relevant. Given the value and duration of the contract, larger firms may see significant growth potential, while those with specific expertise in the mentioned areas can leverage this opportunity to expand their footprint in the public procurement sector.

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Notice Information

Notice Title

Provision of Insurance Services

Notice Description

The London Borough of Hackney requires comprehensive insurance arrangements to be in place with effect from 1 April 2018 for a period of three (3) years with an option to extend the term for a further two (2) years. The total estimated value over 5 years is between PS6 - PS11 million. The London Borough of Hackney invites suitably experienced organisations that can provide cost effective insurance arrangements for the following Lots: Lot 1 - Property Insurance; Lot 2 - Liability Insurance; Lot 3 - Motor Fleet Insurance; Lot 4 - Group Personal Accident and Travel Insurance including School Journeys; Lot 5 - Terrorism Insurance and Lot 6 - Fine Art Insurance.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bf06f617-f6f2-4819-8301-41087ffab06f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/823da292-8811-4f40-b02f-1c09045a996c
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

66512100 - Accident insurance services

66514100 - Insurance related to Transport

66514110 - Motor vehicle insurance services

66515200 - Property insurance services

66516100 - Motor vehicle liability insurance services

66516400 - General liability insurance services

66516500 - Professional liability insurance services

Notice Value(s)

Tender Value
£11,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
23 Oct 20178 years ago
Submission Deadline
27 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
LONDON BOROUGH OF HACKNEY
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
E8 1FB
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
TLI London
Local Authority
Hackney
Electoral Ward
Hackney Central
Westminster Constituency
Hackney South and Shoreditch

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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