Award

Revaluation of Specialist Properties for Fire Insurance Purposes

CITY OF LONDON CORPORATION

This public procurement record has 1 release in its history.

Award

22 Nov 2019 at 15:26

Summary of the contracting process

The City of London Corporation has completed the procurement process for the tender titled "Revaluation of Specialist Properties for Fire Insurance Purposes," classified under fire insurance services. The procurement was conducted as a direct approach, specifically a single tender action below the threshold, with a total contract value of £72,360. The award was made on 18th July 2019 and the contract will run from that date until 31st August 2022. The tender's location covers various regions, including the British Overseas Territories, Channel Islands, and the United Kingdom among others. Key dates include the tender period ending on 3rd June 2019 and the award publication on 22nd November 2019.

This tender represents significant opportunities for businesses focused on fire insurance services, particularly those with experience in property valuation. Small and medium-sized enterprises (SMEs) would be well-suited to compete for similar contracts in the future, as the buying organisation tends to favour submissions that offer economically advantageous terms. Businesses looking to grow should consider developing partnerships or enhancing their service offerings in the fire insurance domain to align with the stringent requirements of public sector contracts.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Revaluation of Specialist Properties for Fire Insurance Purposes

Notice Description

Contract awarded under most economically advantageous tender

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d64d32bd-1987-4cc5-a224-d2d554c86e7f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8eac882a-597d-4a0f-bdf2-36eac9b4012e
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66515100 - Fire insurance services

Notice Value(s)

Tender Value
£72,360 Under £100K
Lots Value
Not specified
Awards Value
£72,360 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
22 Nov 20196 years ago
Submission Deadline
3 Jun 2019Expired
Future Notice Date
Not specified
Award Date
17 Jul 20196 years ago
Contract Period
17 Jul 2019 - 31 Aug 2022 3-4 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
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
EC2P 2EJ
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
Not specified

Local Authority
Islington
Electoral Ward
Clerkenwell
Westminster Constituency
Islington South and Finsbury

Supplier Information

Number of Suppliers
1
Supplier Name

ROBINSON LOW FRANCIS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-d64d32bd-1987-4cc5-a224-d2d554c86e7f-2019-11-22T15:26:30Z",
    "date": "2019-11-22T15:26:30Z",
    "ocid": "ocds-b5fd17-d64d32bd-1987-4cc5-a224-d2d554c86e7f",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "tender_208309/814589",
        "title": "Revaluation of Specialist Properties for Fire Insurance Purposes",
        "description": "Contract awarded under most economically advantageous tender",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66515100",
            "description": "Fire insurance services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 72360,
            "currency": "GBP"
        },
        "procurementMethod": "direct",
        "procurementMethodDetails": "Single tender action (below threshold)",
        "tenderPeriod": {
            "endDate": "2019-06-03T23:59:59+01:00"
        },
        "contractPeriod": {
            "startDate": "2019-07-18T00:00:00+01:00",
            "endDate": "2022-08-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-48924",
            "name": "City of London Corporation",
            "identifier": {
                "legalName": "City of London Corporation"
            },
            "address": {
                "streetAddress": "Guildhall",
                "locality": "London",
                "postalCode": "EC2P 2EJ",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Christina Paraskevaidou",
                "email": "Christina.Paraskevaidou@cityoflondon.gov.uk",
                "telephone": "0207 332 3103"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-130744",
            "name": "Robinson Low Francis LLP",
            "identifier": {
                "legalName": "Robinson Low Francis LLP"
            },
            "address": {
                "streetAddress": "26 Finsbury Square, London, Greater London, EC2A 1DS, UNITED KINGDOM"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-48924",
        "name": "City of London Corporation"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-d64d32bd-1987-4cc5-a224-d2d554c86e7f-1",
            "status": "active",
            "date": "2019-07-18T00:00:00+01:00",
            "datePublished": "2019-11-22T15:26:30Z",
            "value": {
                "amount": 72360,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-130744",
                    "name": "Robinson Low Francis LLP"
                }
            ],
            "contractPeriod": {
                "startDate": "2019-07-18T00:00:00+01:00",
                "endDate": "2022-08-31T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/8eac882a-597d-4a0f-bdf2-36eac9b4012e",
                    "datePublished": "2019-11-22T15:26:30Z",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}