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Official procurement procedure

Further Competition under Insurance Placement DPS 978 for London Borough of Sutton and their appointed Insurance Broker - Marsh

Financial and insurance services
Insurance services
UK
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: London Borough of Sutton: "Further Competition under Insurance Placement DPS 978 for London Borough of Sutton and their appointed Insurance Broker - Marsh". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityLondon Borough of SuttonScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: London Borough of Sutton
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for London Borough of Sutton. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
4Bids / Report
0% of reports have one bid
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: 1 active published awards; 1 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. Price reduction 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 Unpublished data stays unknown.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 AuthorityLondon Borough of Sutton
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published21 Apr 2021, 08:58 BST
Last source update21 Apr 2021, 08:58 BST
Recurring procurementNot published
ClassificationFinancial and insurance services, Insurance services
Delivery area
UK
OCIDocds-h6vhtk-02a853
What is being bought
The Contracting Authority is approaching the end of their existing Long Term Agreement with insurers for Leasehold RTB Flats Insurance. In line with Public Procurement legislation, they are tendering their insurance portfolio in time for renewal on 1 April 2021. This Insurance is being procured competitively and in accordance with the Public Contracts Regulations 2015, via the YPO Insurance Placement DPS Ref. No: 000978.
What changed
From the official release history
  1. Status changed to complete
    21 Apr 2021, 08:58 BST
  2. Official notice release published
    21 Apr 2021, 08:58 BST
  3. Buyer information updated
    21 Apr 2021, 08:58 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    Further Competition under Insurance Placement DPS 978 for London Borough of Sutton and their appointed Insurance Broker - Marsh
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    21 Apr 2021, 08:58 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 11 Mar 2021, 00:00 GMT · £523,436
Commercial outcome and competition
Awards
Zurich Municipal
Not published · Not published · active
Contracts
Contract
£523,436 · signed 11 Mar 2021, 00:00 GMT · active
Bid statistics
bids: 4 (lot 1)
Buyer and organisations in this procedure

London Borough of Sutton

Contracting authority GB-FTS-5535
View buyer profile

  • London Borough of Sutton
    buyer

    St Nicholas Way, Sutton, UK, SM1 1EA
    neil.walker@sutton.gov.uk
    +44 02087705351

  • The High Court of England and Wales
    reviewBody

    London

  • Zurich Municipal
    supplier

    The Zurich Centre, 3000 Parkway, Whiteley, Fareham, UK, PO15 7JZ
    scott.marriott@uk.zurich.com
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published