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Title: London Museum Insurance Coverage and Associated Services

London Museum

This public procurement record has 2 releases in its history.

Award

20 Dec 2024 at 16:05

Award Notice
Tender

28 Aug 2024 at 12:05

Tender Notice
Summary of the contracting process

The London Museum recently completed a procurement process for insurance coverage and associated services under the title "London Museum Insurance Coverage and Associated Services." This tender was categorised under the "Insurance services" industry, with procurement organised into six lots: Property, Terrorism, Combined Liability, Motor Fleet, Personal Accident and Travel, and Engineering Insurance and Inspection. The process was managed as an open procedure and targeted insurance services related to Camden and the City of London. Contracts were awarded on 29th November 2024, with Aviva Insurance Limited, Risk Management Partners, and British Engineering Services securing active contracts for various lots, excluding Combined Liability and Motor Fleet, which were marked as unsuccessful. This procurement process transitioned from its tender stage announced on 28th August 2024, to awarding contracts by 20th December 2024.

This tender presents significant opportunities for businesses in the insurance industry, particularly those specialising in property, terrorism, accident, travel, and engineering insurance services. Suppliers capable of delivering these services comprehensively and competitively were ideally positioned to benefit from this procurement exercise. By participating in such tenders, businesses can enhance their market presence, secure long-term contracts, and establish credibility through partnerships with high-profile clients like the London Museum. Firms with strong portfolios in insurance services, especially those able to meet diverse and complex requirements, stand to gain extensively from engaging in this tender.

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Notice Information

Notice Title

Title: London Museum Insurance Coverage and Associated Services

Notice Description

Award for Insurance Coverage and Associated Services (not including broking services). The Services have been divided into Lots as follows: Lot 1.Property 2.Terrorism 3.Combined Liability 4.Motor Fleet 5.PA Travel 6.Engineering

Lot Information

Property

Property Insurance Cover.

Terrorism

Terrorism Cover

Casualty and Crime

Casualty and Crime Cover

Motor

Motor Insurance Cover

Personal Accident and Travel

Personal Accident and Travel Cover.

Engineering Insurance and Inspection

Engineering Insurance and Inspection cover.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0495f3
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/041268-2024
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

66512100 - Accident insurance services

66514100 - Insurance related to Transport

66514110 - Motor vehicle insurance services

66515200 - Property insurance services

66519200 - Engineering insurance services

Notice Value(s)

Tender Value
£780,000 £500K-£1M
Lots Value
£780,000 £500K-£1M
Awards Value
Not specified
Contracts Value
£454,145 £100K-£500K

Notice Dates

Publication Date
20 Dec 20241 years ago
Submission Deadline
30 Sep 2024Expired
Future Notice Date
Not specified
Award Date
29 Nov 20241 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
London Museum
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
EC2Y 5HN
Postcode Area
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
TLI31 Camden and City of London
Local Authority
City of London
Electoral Ward
Aldersgate
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
3
Supplier Names

Aviva Insurance Limited

British Engineering Services

Risk Management Partners

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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