Tender

629/2017CED Motor, Commercial Property, Engineering /Inspection, Crime, PA and BT, School Journey for Insurance London Consortium

CROYDON COUNCIL

This public procurement record has 1 release in its history.

Tender

07 Sep 2017 at 16:17

Tender Notice
Summary of the contracting process

The Croydon Council is seeking tenders for various insurance services, including motor, commercial property, engineering, crime, personal accident, and business travel, under the title "629/2017CED Motor, Commercial Property, Engineering /Inspection, Crime, PA and BT, School Journey for Insurance London Consortium." This tender process is currently in the active phase, with an open procurement method established to facilitate competition among interested parties. The deadline for submissions is set for 6 November 2017, and the contract period will commence on 1 April 2018, lasting for five years. The project is designated under the category of services and requires proposals from insurers registered with the FCA, who must also meet specific financial criteria as outlined by the broker, AON. The tender encompasses several London Boroughs, including Camden, Croydon, and Islington, with a total estimated contract value of £12,520,000.

This tender presents significant opportunities for businesses in the insurance sector, particularly those specialising in accident and health insurance services, motor vehicle liability, and engineering insurance. Insurers that can demonstrate a strong financial standing, as indicated by a Standard and Poor's rating of 'A' or equivalent, will be well-positioned to compete. Companies that engage with the London Tenders Portal for registration and inquiries can access further documentation and requirements that will guide them through the submission process. This is a prime opportunity for established insurance firms as well as those looking to expand their portfolio within the public sector insurance market.

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Notice Information

Notice Title

629/2017CED Motor, Commercial Property, Engineering /Inspection, Crime, PA and BT, School Journey for Insurance London Consortium

Notice Description

The London Borough of Croydon and the participating Local Authorities that make up the Insurance London Consortium (ILC) are tendering for Lot 1) Motor Lot 2) Commercial Property Lot 3) Engineering Insurance and Inspection Lot 4)Crime Lot 5) Personal Accident and Business Travel Lot 6) School Journey. The ILC have appointed AON, as its Brokers, for the purposes of the tender exercise. The period of cover will be for 5 years for the following London Boroughs; Camden, Croydon, Haringey, Harrow, Islington, Lambeth, Sutton ,Tower Hamlets and Royal Borough of Kingston. The ILC requires all Tenderers to have Standard and Poor's Rating of 'A' (or equivalent) or be approved by Aon's Security Committee. Tenders are requested from Insurers registered with the FCA to underwrite the classes of insurance required. The award criteria for each lot is explained in the Instructions to Tender document. Additional information: The Council reserves the right, subject to the provisions of the Public Contracts Regulations 2015 to change without notice the basis of any part of the procurement process or to cancel the procurement at any time and not to proceed with the award of any contract at any stage of the procurement process. If you wish to register an interest in this contract please register your company free of charge via https://www.londontenders.org/procontract/supplier.nsf/frm_home?openForm Await acceptance. You will receive an email confirming your username and password. Use your username and password to log into the London Tenders Portal and register your interest in this contract. Shortly after you have registered your interest, you will receive a second email containing a link to access theTender Documentation. All questions and queries regarding the procurement must be posed via the London Tenders Portal. Tenders may be submitted at any time before the closing date.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ca35744b-89e3-4f9f-9d2d-4b0e73749e99
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/585e1fb4-d3d8-42c7-abd7-014532bebeb2
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

66512000 - Accident and health insurance services

66514110 - Motor vehicle insurance services

66515200 - Property insurance services

66516100 - Motor vehicle liability insurance services

66516500 - Professional liability insurance services

66519200 - Engineering insurance services

Notice Value(s)

Tender Value
£12,520,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
7 Sep 20178 years ago
Submission Deadline
6 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
CROYDON COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CROYDON
Postcode
CR0 1EA
Post Town
Croydon
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI62 Croydon
Delivery Location
TLI London
Local Authority
Croydon
Electoral Ward
Fairfield
Westminster Constituency
Croydon West

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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