Planning

TfL 95756 Uninsured Loss Recovery Services

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Planning

30 Jun 2021 at 11:31

Summary of the contracting process

Transport for London (TfL) is initiating a procurement process for the provision of Uninsured Loss Recovery Services, designated as TfL 95756. Currently in the planning stage, this tender falls within the financial and insurance services industry category, with a value of £1. The procurement method is through a Market Sounding Questionnaire (MSQ), aimed at gauging supplier interest, capacity, and capability. Interested parties should submit their completed MSQs by close of business on 16 July 2021. The associated communication regarding future notices is set for 30 August 2021.

This tender presents a significant opportunity for businesses specialising in financial and insurance services, particularly those experienced in recovery operations, legal proceedings, and risk management in relation to operational disruptions caused by external factors. Companies able to manage and advise on the recovery process from third parties will find this project well-suited to their expertise, particularly given the context of potential risks arising from the Covid-19 pandemic and Brexit. This is an ideal chance for firms looking to expand their service offerings in the public transport sector within the UK.

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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.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02c1d2
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 20214 years ago
Submission Deadline
Not specified
Future Notice Date
29 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

Contracting Authority (Buyer)

Main Buyer
TRANSPORT FOR LONDON
Contact Name
Ms Daiga Allen
Contact Email
daigaallen@tfl.gov.uk
Contact Phone
+44 7591382597

Buyer Location

Locality
LONDON
Postcode
SE10 0ES
Post Town
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

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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