Notice Information
Notice Title
Insurance Tender - Leasehold Buildings Lot 9 Awards 2024-2029
Notice Description
The Royal Borough of Kensington & Chelsea (RBKC) has awarded an insurance tender - Leasehold Buildings Lot 9 Award 2024-2029 contracts to Protector Insurance (Company No: FC033034) for the delivery of Leasehold Buildings insurance. The tender was carried out using the Open procedure using the Council's capitalEsourcing portal. The Contract Notice was published on 19th of January 2024 and open for 30 days and closed on 19th of February 2024. The contract will be established for an initial duration of five-year arrangement, premiums are not fixed by the insurers as they will be subject to annual index linking to reflect the current inflation at that time. This ensures the Councils' assets are adequately insured and not subject to under-insurance.
Lot Information
Lot 1&2
A Service Contract will be awarded to a single supplier for Lot 1 Property and for Lot 2 Leasehold Buildings - the contract for each council could be awarded to a different supplier. The delivery of the contract is anticipated to begin on 01 April 2024. The objectives of this contract are: To provide Property insurance for the City of Westminster, London Borough of Hammersmith and Fulham and Royal Borough of Kensington and Chelsea Property programme. To provide Residential Leasehold Buildings Insurance for the City of Westminster, London Borough of Hammersmith and Fulham and Royal Borough of Kensington and Chelsea residential leasehold properties.
Lot 1The objectives of this tender is the contract award for sovereign insurance contract for Property that will commence on 1st of April 2024. The tender was carried out using the Open procedure using the Council's capitalEsourcing portal. The Contract Award Criteria was based on the technical specification, which invited bidders to provide policy coverage and claims handling requirements. The Contract Notice was published on 19th of January 2024 and open for 30 days and closed on 19th of February 2024.
Lot 9The objectives of this tender is the contract award for sovereign insurance contract for Leasehold Buildings that will commence on 1st of April 2024. The tender was carried out using the Open procedure using the Council's capitalEsourcing portal. The Contract Award Criteria was based on the technical specification, which invited bidders to provide policy coverage and claims handling requirements. The Contract Notice was published on 19th of January 2024 and open for 30 days and closed on 19th of February 2024.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-042e48
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/012721-2024
- 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
66510000 - Insurance services
66515200 - Property insurance services
Notice Value(s)
- Tender Value
- £100,000,000 £100M-£1B
- Lots Value
- £100,000,000 £100M-£1B
- Awards Value
- Not specified
- Contracts Value
- £18,143,300 £10M-£100M
Notice Dates
- Publication Date
- 18 Apr 20241 years ago
- Submission Deadline
- 19 Feb 2024Expired
- Future Notice Date
- Not specified
- Award Date
- 4 Mar 20241 years ago
- Contract Period
- 31 Mar 2024 - 31 Mar 2029 Over 5 years
- Recurrence
- Not specified
Notice Status
- Tender Status
- Complete
- Lots Status
- Active, Cancelled
- Awards Status
- Active
- Contracts Status
- Active
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- THE ROYAL BOROUGH OF KENSINGTON AND CHELSEA
- Contact Name
- Beverly Mills
- Contact Email
- procurement@rbkc.gov.uk
- Contact Phone
- Not specified
Buyer Location
- Locality
- LONDON
- Postcode
- W8 7NX
- Post Town
- West London
- Country
- England
-
- Major Region (ITL 1)
- TLI London
- Basic Region (ITL 2)
- TLI3 Inner London - West
- Small Region (ITL 3)
- TLI33 Kensington & Chelsea and Hammersmith & Fulham
- Delivery Location
- TLI London
-
- Local Authority
- Kensington and Chelsea
- Electoral Ward
- Campden
- Westminster Constituency
- Kensington and Bayswater
Further Information
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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