---
title: "Fine Art Insurance"
ocid: "ocds-h6vhtk-02d4df"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02d4df"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-02d4df.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-02d4df.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "CITY OF LONDON CORPORATION"
published: "2022-01-06"
---

# Fine Art Insurance

Buyer: CITY OF LONDON CORPORATION  
Current stage: Award  
OCID: ocds-h6vhtk-02d4df

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02d4df)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-02d4df.json)

## Summary

The City of London Corporation is currently engaged in a public procurement process to secure Fine Art Insurance services, classified under the CPV code 66510000 (Insurance services). This procurement, which is being conducted as a selective and competitive procedure with negotiation, is at the award stage, following the completion of the tendering phase. The tender, originally published on 13 August 2021, has an estimated total contract value of £700,000, with a contract duration of three years and an option to extend for an additional two years. Interested suppliers were required to submit their Selection Questionnaire by the specified deadline, with significant considerations for both technical quality (40%) and pricing (60%) in the award criteria.

This tender presents substantial opportunities for businesses specialising in insurance services, particularly those with expertise in fine art, property, and speciality insurance. Companies capable of demonstrating strong technical capabilities and competitive pricing could thrive in this competitive landscape, especially those with experience in public sector contracts. As the City of London Corporation is a regional authority, this contract not only fosters growth for local businesses but also allows larger firms to showcase their capabilities within a significant historical and cultural context.

## Notice

Contract award notice for the provision of Fine Art Insurance to the City of London Corporation.

### Lot Information

Lot 1

Contract award notice for the provision of Fine Art Insurance to the City of London Corporation. Additional information: Please see Contract Notice Fine Art Insurance Publication reference: 2021/S 000-019824. Publication date: 13 August 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/000386-2022 |
| 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 | 6 Jan 2022 |
| Submission deadline | 16 Sep 2021 |
| Future notice date | Not specified |
| Award date | 24 Dec 2021 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £700,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £572,615 |

## 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 | 1 |
| Supplier names | MARSH SPECIALTY |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services
- 66515000 - Damage or loss insurance services
- 66515100 - Fire insurance services
- 66515200 - Property insurance services
- 66515300 - Weather and financial loss insurance services
- 66515400 - Weather-related insurance services

## Release History

- 6 Jan 2022 at 22:45 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/000386-2022
- 13 Aug 2021 at 21:45 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/019824-2021

## 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-02d4df. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-02d4df.json.