Tender

Insurance London Consortium (ILC) - Terrorism Insurance

LONDON BOROUGH OF CROYDON

This public procurement record has 2 releases in its history.

TenderAmendment

09 Dec 2024 at 16:36

Tender

09 Dec 2024 at 16:36

Summary of the contracting process

Croydon Council, acting as the lead authority for the Insurance London Consortium (ILC), is currently in the tender stage of a procurement process seeking a contractor to provide terrorism insurance services. The contract is set to commence on 1 April 2025 and will run for two years. This consortium includes the London Borough Councils of Camden, Croydon, Haringey, Harrow, Islington, Lambeth, and Tower Hamlets. The procurement follows an open procedure (above threshold) with a deadline for tender submissions on 17 January 2025. The procurement falls under the industry category of insurance services, with global delivery locations specified, including all regions of the United Kingdom and beyond.

This tender presents significant opportunities for businesses specialising in insurance services, particularly those with capabilities in providing comprehensive terrorism insurance coverage. Given the consortium's composition and the two-year duration, winning this contract could enhance a company's portfolio and establish long-term client relationships with multiple London borough councils. Larger insurance firms with the necessary infrastructure and experience in handling complex, high-value insurance contracts would be well-suited to compete for this opportunity.

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Notice Title

Insurance London Consortium (ILC) - Terrorism Insurance

Notice Description

Croydon Council, as lead authority for the Insurance London Consortium (ILC), is seeking to engage a contractor for the provision of terrorism insurance services with a start date of 1 April 2025. The Consortium members taking part in this tender consist of the following London Borough Councils: Lot 1 - London Borough of Camden Lot 2 - Croydon Council Lot 3 - Haringey Council Lot 4 - Harrow Council http Lot 5 - Islington Council Lot 6 - Lambeth Council Lot 7 - Tower Hamlets The duration of the contract: Two years Additional information: Is a Recurrent Procurement Type? : No

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f5c47521-d89d-48bb-a86b-252c60163e01
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c8ecba46-c3ed-47b2-8009-091e9272395e
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 (above threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
9 Dec 20241 years ago
Submission Deadline
17 Jan 2025Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Apr 2025 - 31 Mar 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
LONDON BOROUGH OF CROYDON
Contact Name
Kirsty Tavares
Contact Email
kirsty.tavares@croydon.gov.uk
Contact Phone
02087266000

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
Not specified

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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