---
title: "Property Insurance"
ocid: "ocds-h6vhtk-02c11e"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02c11e"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-02c11e.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-02c11e.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "CITY OF LONDON CORPORATION"
published: "2022-01-10"
---

# Property Insurance

Buyer: CITY OF LONDON CORPORATION  
Current stage: Award  
OCID: ocds-h6vhtk-02c11e

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02c11e)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-02c11e.json)

## Summary

The City of London Corporation is conducting a procurement process for Property Insurance, specifically including Business Interruption and Contractors All Risks, with a total estimated contract value of £69,100,000. The tender is currently in the active stage, having opened for submissions on 28 June 2021 and running until the deadline on 29 July 2021. Interested suppliers must register on the electronic tendering platform, capitalEsourcing, to participate in this competitive procedure, which involves negotiations following an initial selection questionnaire assessment. The procurement operates under the services industry category, and all proposals must be submitted electronically.

This tender presents significant opportunities for businesses in the insurance services sector, particularly those offering property and business interruption insurance, as well as contractors' all-risk coverage. Companies that are adept at navigating competitive tendering processes and have a strong understanding of the requirements outlined in the selection criteria will be well-positioned to benefit from this substantial contract. Interested parties should prepare to engage through electronic submissions and ensure their qualifications are aligned with the demands of the City of London Corporation.

## Notice

Contract award notice for the provision of Property Insurance to the City of London Corporation. RSA being the lead insurer and Aviva co-insuring.

### Lot Information

Lot 1

Contract award notice for the provision of Property Insurance to the City of London Corporation. RSA being the lead insurer and Aviva co-insuring. Additional information: Please see Contract Notice Publication reference: 2021/S 000-014763 Publication date: 28 June 2021

Renewal: The City is looking for tender responses based upon a Long Term Agreement of 3 years with an option to extend for a further 2 years, subject to performance, budgetary conditions and internal governance. The contract value stated is for the 5 year period.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/000704-2022 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Competitive procedure with negotiation |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 10 Jan 2022 |
| Submission deadline | 29 Jul 2021 |
| Future notice date | Not specified |
| Award date | 24 Dec 2021 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £69,100,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £71,285,655 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | CITY OF LONDON CORPORATION |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC2P 2EJ |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI43 Haringey and Islington |
| Local authority | Islington |
| Electoral ward | Clerkenwell |
| Westminster constituency | Islington South and Finsbury |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 2 |
| Supplier names | AVIVA INSURANCE; RSA INSURANCE |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services
- 66513200 - Contractor's all-risk insurance services
- 66515000 - Damage or loss insurance services
- 66515200 - Property insurance services
- 66515410 - Financial loss insurance services

## Release History

- 10 Jan 2022 at 22:45 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/000704-2022
- 28 Jun 2021 at 21:45 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/014763-2021

## Notice URLs

- http://www.capitalesourcing.com
- https://www.cityoflondon.gov.uk/

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02c11e. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-02c11e.json.