Award

Leasehold Insurance Provision - Excluding Broker Services

LONDON BOROUGH OF EALING

This public procurement record has 1 release in its history.

Award

30 Mar 2017 at 11:33

Summary of the contracting process

The London Borough of Ealing has completed a public procurement process for "Leasehold Insurance Provision - Excluding Broker Services" valued at £4,800,000. This tender was initiated to provide insurance services under the industry classification of CPV 66510000, specifically for damage or loss insurance services (CPV 66515000). The contract period runs from 1 April 2017 to 31 March 2023. The open procurement method employed means that any qualified suppliers could submit bids prior to the tender's deadline on 2 December 2016.

This procurement presents a significant opportunity for businesses in the insurance sector, particularly those specialising in leasehold and property insurance services. Companies equipped to handle large-scale insurance contracts and those with a proven track record in delivering similar services would be well suited to compete. The award of the contract to Ocaso SA UK signals a robust market for such services, emphasising the potential for business growth in this niche area.

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Notice Title

Leasehold Insurance Provision - Excluding Broker Services

Notice Description

Leasehold Insurance Services for London Borough of Ealing excluding Broker services

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c67daaeb-b956-4841-a3a9-1be355d1dae7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/78f02dad-5783-40f5-a492-3e6dd0188dde
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

66515000 - Damage or loss insurance services

Notice Value(s)

Tender Value
£4,800,000 £1M-£10M
Lots Value
Not specified
Awards Value
£4,800,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
30 Mar 20178 years ago
Submission Deadline
2 Dec 2016Expired
Future Notice Date
Not specified
Award Date
29 Mar 20178 years ago
Contract Period
31 Mar 2017 - 31 Mar 2023 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
LONDON BOROUGH OF EALING
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
EALING
Postcode
W5 2HL
Post Town
West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI7 Outer London - West and North West
Small Region (ITL 3)
TLI73 Ealing
Delivery Location
TLI London

Local Authority
Ealing
Electoral Ward
Ealing Broadway
Westminster Constituency
Ealing Central and Acton

Supplier Information

Number of Suppliers
1
Supplier Name

OCASO

Open Contracting Data Standard (OCDS)

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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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