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active
Official procurement procedure

Catastrophe Lawyer procurement

Internal audit services
London (UKI)
Published value
Not published
Submission deadline 2 Sept 2024, 11:59 BST
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: FLOOD RE LIMITED: "Catastrophe Lawyer procurement". Published status: active. Published value: Value not published. 1 published lot. Recorded submission deadline: 2 Sept 2024, 11:59 BST. See the official notice for participation instructions.
Contracting AuthorityFLOOD RE LIMITEDScope & CategoriesNot publishedSubmission Window
Closed
2 Sept 2024, 11:59 BST
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: FLOOD RE LIMITED
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for FLOOD RE LIMITED. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
Not availableNo published reports
Bid counts are not published for this buyer
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 8 active published awards; 0 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityFLOOD RE LIMITED
Procedure methodNot published
Procurement categoryNot published
Statusactive
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published6 Aug 2024, 17:00 BST
Last source update6 Aug 2024, 17:00 BST
Recurring procurementNo
ClassificationInternal audit services
Delivery area
London (UKI)
OCIDocds-h6vhtk-048837
What is being bought
Flood Re to seek provision for external legal services to advise on and support the issuance of an indemnity trigger catastrophe bond (the "Cat Bond") as part of a wider re-procurement of its outwards reinsurance programme to be effective from 1 April 2025. It is likely that Flood Re will consider the issuance of such a bond at least every three years thereafter and has a preference for long term supplier relationships however, that longer term opportunity does not form part of this ITT
What changed
From the official release history
  1. Status changed to active
    6 Aug 2024, 17:00 BST
  2. Official notice release published
    6 Aug 2024, 17:00 BST
  3. Submission deadline changed to 2 Sept 2024, 11:59 BST
    6 Aug 2024, 17:00 BST
  4. Buyer information updated
    6 Aug 2024, 17:00 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    active
    Published valueNot published
    Flood Re to seek provision for external legal services to advise on and support the issuance of an indemnity trigger catastrophe bond (the "Cat Bond") as part of a wider re-procurement of its outwards reinsurance programme to be effective from 1 April 2025. It is likely that Flood Re will consider the issuance of such a bond at least every three years thereafter and has a preference for long term supplier relationships however, that longer term opportunity does not form part of this ITT
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    6 Aug 2024, 17:00 BST
  2. Submission deadline
    2 Sept 2024, 11:59 BST
Commercial outcome and competition
AwardsNo award published
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

FLOOD RE LIMITED

Contracting authority GB-COH-08670444
View buyer profile
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published