RFP QuestBeta
Awarded · ResultStage · contract

London Borough of Bromley

Insurance Tender (Excluding Broking Services)

Financial ServicesCPV 66000000
Value£5,600,000
Awarded8 Feb 2019
Published6 Jun 2019
RegionSouth East

£5,600,000 — awarded.

Outcome — awarded

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

Contract value in context
£5.6mtotal contract value
median £150k
this tender£0£6.0m

This is a large award for Financial & Insurance Services — above three-quarters of comparable contracts. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

The brief

The London Borough of Bromley is seeking tender submissions for annual insurance cover commencing from the 01/05/2019 under a long term agreement (LTA) for a minimum period of 5 years with the option to extend fora further 3 years at the authority's sole discretion.

The following Lots are being tendered: Lot 1 - Property (Comprising General / Educational / Commercial & Industrial Properties & Works in Progress) Lot 2 - Fidelity Guarantee Lot 3 - Casualty / Liability Lot 4 - Motor Fleet & Motor ULR / Legal Expenses Lot 5 - Engineering Insurance & Inspection Lot 6 - Group Personal Accident & Travel Lot 7 - Terrorism - First Loss (A Pool Re quotation is also required under Lot 1)

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Source & provenance
OCID
f0e162a0-b637-4573-b967-ef2b878a5f8d
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
LBROM001-DN386399-91836513
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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