Award

1

POOL RE SERVICES LIMITED

This public procurement record has 2 releases in its history.

Award

08 Apr 2024 at 11:34

Tender

10 May 2023 at 17:21

Summary of the contracting process

The Pool Reinsurance Company Limited has initiated a tender for the provision and implementation of a Treaty and Claims Handling System. The contract involves information technology services and falls under the services category. The procurement stage is currently active, with a submission deadline set for June 9, 2023. The buying organisation, based in London, United Kingdom, has outlined a detailed description of the system required. The procurement method is selective, with a competitive dialogue approach being used.

This tender presents a significant business opportunity for companies specializing in information technology services. The procurement process is in its active stage, with the buying organisation seeking a Strategic Partner to deliver the required system. Businesses in the technology sector, particularly those experienced in claims handling systems, are well-suited to compete. The contract, valued at 572,000 GBP, offers a chance for growth and partnership with the Pool Reinsurance Company Limited, a prominent player in the terrorism risk reinsurance sector.

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Notice Title

1

Notice Description

Strategic Partner to provide and implement a Claim Handling and Treaty System. Pool Re have a requirement to invest in a System that can digitalise claims handling whilst supporting the move to Treaty.

Lot Information

Lot 1

Strategic Partner to provide and implement a Claim Handling and Treaty System. Pool Re have a requirement to invest in a System that can digitalise claims handling whilst supporting the move to Treaty.

Renewal: Initial contract term of three (3 years) with two further one year extensions (Total Contract Term of 5 Years)

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03c7cc
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/011254-2024
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive dialogue
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support


CPV Codes

72222300 - Information technology services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£572,000 £500K-£1M

Notice Dates

Publication Date
8 Apr 20241 years ago
Submission Deadline
9 Jun 2023Expired
Future Notice Date
Not specified
Award Date
1 Mar 20241 years ago
Contract Period
Not specified - Not specified
Recurrence
54 months

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
POOL RE SERVICES LIMITED
Additional Buyers

POOL REINSURANCE COMPANY LIMITED

Contact Name
Commercial Services
Contact Email
commercialservices@poolre.co.uk
Contact Phone
+44 2073377170

Buyer Location

Locality
LONDON
Postcode
EC4R 9AF
Post Town
Central 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
City of London
Electoral Ward
Candlewick
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

OPTALITIX

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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