Planning

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TfL 95756 Uninsured Loss Recovery Services

Transport for London

This public procurement record has 1 release in its history.

Planning

30 Jun 2021 at 12:31

Planning Notice
Summary of the contracting process

Transport for London (TfL) is planning to initiate a procurement process for Uninsured Loss Recovery Services, identified as TfL 95756. This procurement falls under the financial and insurance services category and is located in London and Greater London. Currently, the process is at the planning stage, with a Market Sounding Questionnaire (MSQ) set to help gauge supplier interest and capability. Interested suppliers must submit their responses by the close of business on 16 July 2021, and further communications regarding the procurement are anticipated by 30 August 2021.

This tender presents significant opportunities for businesses capable of providing insurance recovery services, particularly those with experience in handling claims related to transport and infrastructure. Companies specialising in legal services, evidence collection, and claims management, as well as those familiar with the risks posed by the Covid-19 pandemic and Brexit, would be well-suited to compete. Engaging with this procurement could lead to sustained contracts, with the potential for renewal after five years, promoting long-term growth and collaboration with TfL.

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Notice Information

Notice Title

TfL 95756 Uninsured Loss Recovery Services

Notice Description

Transport for London (TfL) will require to start the procurement for the provision of Uninsured Loss Recovery services. This Market Sounding Questionnaire (MSQ) is issued to better understand if there is supplier appetite, capacity and capability, as well as perceived risks, including risks, related to Covid-19 pandemic and Brexit. The Service Provider is responsible for effecting recoveries from third parties (and/or their insurers) when TfL incur financial loss through the loss of, or damage to TfL property by the Third Party's actions. The Service Provider is responsible for collating adequate information and evidence from within TfL and from other sources to pursue the Recovery be it by Agreement or by litigation. The Service Provider oversees and manages and/or advise the whole process to its conclusion.

Lot Information

Lot 1

Services. Description as per above.

Renewal: In 5 years' time.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02c1d1
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/014942-2021
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£1
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
30 Jun 20215 years ago
Submission Deadline
Not specified
Future Notice Date
30 Aug 2021Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

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
SE10 0ES
Postcode Area
South East London
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
Greenwich
Electoral Ward
Greenwich Peninsula
Westminster Constituency
Greenwich and Woolwich

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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