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4877 - Provision of Insurance Services (excluding broking services) for the London Boroughs of Bexley & Havering

London Borough of Bexley

This public procurement record has 1 release in its history.

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29 Jun 2018 at 10:27

Award Notice
Summary of the contracting process

The London Borough of Bexley has successfully completed a procurement process for the provision of insurance services (excluding insurance broking services) worth £19,350,000. The tender titled "4877 - Provision of Insurance Services for the London Boroughs of Bexley & Havering" was awarded on 25th June 2018 and has a contract period running from 1st July 2018 to 30th June 2028. This open tender followed an open procurement method and was focused on the insurance services industry, with delivery addresses located in London, United Kingdom.

This procurement presents significant opportunities for large-scale enterprises specialising in insurance services to grow their business, particularly those with a proven track record in public sector supply. The tender's substantial value and long contract duration indicate the potential for ongoing revenue streams for successful bidders. Companies with expertise in risk management and related services would be ideally positioned to compete in such tenders, especially given the involvement of established suppliers like Risk Management Partners Ltd. and Zurich Municipal.

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Notice Information

Notice Title

4877 - Provision of Insurance Services (excluding broking services) for the London Boroughs of Bexley & Havering

Notice Description

The provision of Insurance Services (excluding insurance broking services) for the London Boroughs of Bexley & Havering

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-eee5649e-add1-4f43-8902-64ed59c3c44e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3e404f65-31fa-458e-9a5d-f1cad01f6a23
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

Notice Value(s)

Tender Value
£19,350,000 £10M-£100M
Lots Value
Not specified
Awards Value
£19,350,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
29 Jun 20188 years ago
Submission Deadline
25 Jun 2018Expired
Future Notice Date
Not specified
Award Date
25 Jun 20188 years ago
Contract Period
1 Jul 2018 - 30 Jun 2028 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 Bexley
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BEXLEYHEATH
Postcode
DA6 7AT
Postcode Area
Dartford
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI5 Outer London - East and North East
Small Region (ITL 3)
TLI51 Bexley and Greenwich
Delivery Location
TLI London
Local Authority
Bexley
Electoral Ward
Bexleyheath
Westminster Constituency
Bexleyheath and Crayford

Supplier Information

Number of Suppliers
2
Supplier Names

Risk Management Partners

Zurich Municipal

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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