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935/2021 Property and Liability Insurances

Croydon Council

This public procurement record has 3 releases in its history.

TenderUpdate

04 Nov 2022 at 14:33

Tender Notice
Award

04 Nov 2022 at 13:35

Award Notice
Tender

05 Oct 2021 at 16:37

Tender Notice
Summary of the contracting process

The Croydon Council has initiated a tender process for Property and Liability Insurances under the services main procurement category. The procurement stage is currently in the award phase, with a completed status. The title of the tender is "935/2021 Property and Liability Insurances". The tender is in association with the London Insurance Consortium (ILC). The council is located in Croydon, United Kingdom. The key dates of the tender include the tender initiation on 4th November 2022. The tender is for insurance services with a total value of £2,947,095 excluding VAT.

This tender for Property and Liability Insurances by Croydon Council presents business growth opportunities for insurance service providers. Businesses in the insurance industry, particularly those offering property, terrorism, and liability insurance services, are well-suited to compete in this tender. The procurement process involves multiple lots for different types of insurance coverages, creating opportunities for a diverse range of insurance providers to participate and potentially secure contracts. This open procedure tender allows suppliers registered with the FCA to participate and offers an option for contract extension, providing long-term growth potential for successful bidders.

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Notice Information

Notice Title

935/2021 Property and Liability Insurances

Notice Description

Property, Terrorism and Liability Insurances Croydon Council on behalf of London Insurance Consortium (ILC)

Lot Information

Property Insurance

Property, Terrorism and Liability Insurances

Options: There is the option to extend the contract for a period of up to 2 years upon expiry of the initial 3 year contract term in 12 month periods.

Renewal: Renewals will be considered leading up to the expiry of the initial term. A provision for up to 24 month extension will be included in the contract.

Terrorism

Corporate Property, Terrorism and Casualty insurance

Options: There is the option to extend the contract for a period of up to 2 years upon expiry of the initial 3 year contract term in 12 month periods.

Renewal: Renewals will be considered leading up to the expiry of the initial term. A provision for up to 24 month extension will be included in the contract.

Casualty

Corporate Property, Terrorism and Casualty insurance

Options: There is the option to extend the contract for a period of up to 2 years upon expiry of the initial 3 year contract term in 12 month periods.

Renewal: Renewals will be considered leading up to the expiry of the initial term. A provision for up to 24 month extension will be included in the contract.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02e852
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/031252-2022
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender 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

66000000 - Financial and insurance services

66510000 - Insurance services

66515200 - Property insurance services

66516000 - Liability insurance services

Notice Value(s)

Tender Value
£35,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
4 Nov 20223 years ago
Submission Deadline
12 Nov 2021Expired
Future Notice Date
Not specified
Award Date
14 Mar 20224 years ago
Contract Period
Not specified - Not specified
Recurrence
Approximately 24 months to 36 months after the contract award, depending on whether extension periods are taken up

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Croydon Council
Additional Buyers

: London Borough of Camden

: London Borough of Tower Hamlets

Croydon Council on behalf of London Insurance Consortium (ILC)

London Borough of Camden

London Borough of Haringey

London Borough of Harrow

London Borough of Islington

London Borough of Lambeth

London Borough of Sutton

London Borough of Tower Hamlets

Royal Borough of Kingston Upon Thames

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CROYDON
Postcode
CR0 1EA
Postcode Area
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
TLI London
Local Authority
Croydon
Electoral Ward
Fairfield
Westminster Constituency
Croydon West

Supplier Information

Number of Suppliers
3
Supplier Names

Charles Taylor Consulting

Protector Insurance

Zurich Municipal

Further Information

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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