RFP QuestBeta
Awarded · ResultStage · contract

London Borough of Bromley

Insurance Tender Excluding Broker Services

Financial ServicesCPV 66510000
Value£492,000
Awarded12 Jun 2016
Published13 Aug 2016
RegionSouth East

£492,000 — awarded.

Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£492ktotal contract value
median £150k
this tender£0£4.7m

This sits in the upper-middle of the Financial & Insurance Services band — a substantial contract for the sector. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

The brief

The London Borough of Bromley is seeking Insurance Service providers to cover Property Comprising Material Damage, Business Interruption and Contract Works, Fidelity Guarantee, Motor Fleet, Engineering Inspection, Group Personal Accident & School Journey and Terrorism – First Loss Insurance Tender excluding Broker Services.

The contract will be split into six lots.

The contract will run for an initial period of 1 year and 9 months with the option to extend for a further year at the Council's discretion.

Annual contract value is £309,400.

Please note this figure is indicative only.

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Source & provenance
OCID
a7f1fe1a-5b6a-4ca4-831a-f77a82628eed
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
BIP214102139
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

Market context

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Top suppliers & buyers in Financial & Insurance Services

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London Borough of Bromley’s tender network

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