Award

Liability Claims Administrator

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

05 Jul 2018 at 09:07

Summary of the contracting process

The public procurement process involved the contract for a "Liability Claims Administrator" managed by Transport for London. The tender, classified under the insurance services industry category, was conducted through a selective method and involved a competitive procedure with negotiation. The tender period concluded on 13th June 2018, after which the contract was awarded to Gallagher Bassett International Ltd for a total value of £1,410,000. The contract is effective from 14th June 2018 and will run until 30th June 2021, with the contract administration taking place in London, United Kingdom.

This opportunity may foster business growth, particularly for companies specialising in insurance services and claims management. Businesses that have the capacity for large-scale service provision and experience in handling liability claims will be well-positioned to compete in similar future tenders. With a substantial contract amount and engagement with a key public sector client, potential suppliers can leverage this experience to expand their portfolios within the public procurement landscape.

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Notice Title

Liability Claims Administrator

Notice Description

Provision of administration for liabilty claims on behalf of Transport for London

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f35531ff-170e-48ea-9111-ea1b12c11072
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7ef45b83-26e7-4095-8d41-84edf9975b43
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation (above threshold)
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
£1,410,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,410,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
5 Jul 20187 years ago
Submission Deadline
13 Jun 2018Expired
Future Notice Date
Not specified
Award Date
12 Jun 20187 years ago
Contract Period
13 Jun 2018 - 30 Jun 2021 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
TRANSPORT FOR LONDON
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
SW1H 0BD
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLI London

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

GALLAGHER BASSETT INTERNATIONAL

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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