← Back to search results

ClosedFind a Tender · UK4

Insurance Policies - December Renewals (Property, Business Interruption, Contract Works and Money)

Buyer: The Mayor and Commonalty and Citizens of the City of London →

View official notice ↗Official source

BuyerThe Mayor and Commonalty and Citizens of the City of London
StatusClosed
Deadline19 Jun 2026
Value£99,300,000
Published3 Jun 2026

What is being bought

The City Corporation procures property insurance cover to limit the financial consequences arising out of significant damage to its assets and to meet its contractual obligations to leaseholders. The property insurance schedule consists of some 700 buildings/structures covering corporate, investment and residentail estates with a total insured value of c.£23BN. The property insurance will cover the cost of repair or replacement arising out of material damage to buildings/structures, contents, stock, and computers, and the consequential financial losses arising out of a comprehensive range of insured events. Included in the scope of the contract will be buildings/structures, contents, stock, computers, rent and business interruption values.

Categories

Property insurance services 66515200

Lot details

Lot 1

No lot description published.

Statusactive
Value£99,300,000
Contract periodFrom 25 Dec 2026 to 24 Dec 2029

Award criteria
Technical (50%)
Commercial (40%)
Responsible Procurement (10%)

What is included

ItemCategoryQuantity
1Property insurance servicesNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 66. The category anchor is Property insurance services (66515200); this is a deliberately broad market comparator. The comparison is shown at several levels rather than pretending one company or region is always the best benchmark.

Comparison setProceduresReported bids per procedureNamed award suppliersPrice evidence
Market: CPV division 661,0963 median · 20.4 average (343 of 1,096 with a bid count)2.1 average (395 of 1,096 with named award suppliers)Not published
Same buyer2Not publishedNot publishedNot published
Similar published value (0.5×–2×)30Not publishedNot publishedNot published

“Reported bids” is an official aggregate, sometimes reported per lot; it is the closest available competition measure. “Named award suppliers” are winners, not all applicants.

Price-outcome signal

Not enough comparable procedures currently publish both a GBP tender value and a usable lowest-valid-bid value to calculate a responsible price-reduction benchmark. Tenderline deliberately does not infer a saving from named award suppliers or from missing award values.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementYes
Procurement method rationaleNot published
Rationale classificationsNot published
Special regimeNot published
Covered byNot published
Submission policyallowed
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetNot published
No-engagement rationaleNot published
Planning documents0
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Documents & submission route

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-068a0b
Latest release ID052286-2026
Latest release timestampWed Jun 03 2026 11:09:36 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLhttps://www.find-tender.service.gov.uk/Notice/052286-2026
Tender statusactive
Procurement methodselective
Procurement method detailsCompetitive flexible procedure
Main procurement categoryservices
Above thresholdYes
Legal basis2023/54
Tender period: startNot published
Tender period: endNot published
Expression of interest deadline2026-06-19T12:00:00+01:00
Enquiry deadline2026-06-15T12:00:00+01:00
Award period: startNot published
Award period: end2026-11-24T23:59:59+00:00
Submission method detailsSuppliers can register free of charge via the following portal: https://cityoflondon.ukp.app.jaggaer.com/ Once registered, Suppliers can access the opportunity by clicking on the following link: https://cityoflondon.ukp.app.jaggaer.com/go/33891859019E8D2AE4E9
Submission languagesen
Electronic catalogue policyNot published
Total tender value£99,300,000
Tender lots in source1
Tender items in source1
Tender documents in source2
Awards in latest release0
Contracts in latest release0
Parties in latest release1

Notice history

DateEventReference
3 Jun 2026tender052286-2026
14 May 2026planning044341-2026
13 May 2026planning043994-2026
23 Apr 2026planning037280-2026

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
{
  "id": "052286-2026",
  "tag": [
    "tender"
  ],
  "date": "2026-06-03T12:09:36+01:00",
  "ocid": "ocds-h6vhtk-068a0b",
  "buyer": {
    "id": "GB-PPON-PYQD-1693-MYXR",
    "name": "The Mayor and Commonalty and Citizens of the City of London"
  },
  "tender": {
    "id": "ocds-h6vhtk-068a0b",
    "lots": [
      {
        "id": "1",
        "value": {
          "amount": 99300000,
          "currency": "GBP",
          "amountGross": 99300000
        },
        "status": "active",
        "renewal": {
          "description": "The contract may be extended by up to two years at the City’s sole discretion."
        },
        "hasRenewal": true,
        "description": null,
        "awardCriteria": {
          "criteria": [
            {
              "name": "Technical",
              "type": "quality",
              "numbers": [
                {
                  "number": 50,
                  "weight": "percentageExact"
                }
              ]
            },
            {
              "name": "Commercial",
              "type": "cost",
              "numbers": [
                {
                  "number": 40,
                  "weight": "percentageExact"
                }
              ]
            },
            {
              "name": "Responsible Procurement",
              "type": "quality",
              "numbers": [
                {
                  "number": 10,
                  "weight": "percentageExact"
                }
              ]
            }
          ]
        },
        "contractPeriod": {
          "endDate": "2029-12-24T23:59:59+00:00",
          "startDate": "2026-12-25T00:00:00+00:00",
          "maxExtentDate": "2031-12-24T23:59:59+00:00"
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "additionalClassifications": [
          {
            "id": "66515200",
            "scheme": "CPV",
            "description": "Property insurance services"
          }
        ]
      }
    ],
    "title": "Insurance Policies - December Renewals (Property, Business Interruption, Contract Works and Money)",
    "value": {
      "amount": 99300000,
      "currency": "GBP",
      "amountGross": 99300000
    },
    "status": "active",
    "documents": [
      {
        "id": "conflictOfInterest",
        "description": "Not published",
        "documentType": "conflictOfInterest"
      },
      {
        "id": "052286-2026",
        "url": "https://www.find-tender.service.gov.uk/Notice/052286-2026",
        "format": "text/html",
        "noticeType": "UK4",
        "description": "Tender notice on Find a Tender",
        "documentType": "tenderNotice",
        "datePublished": "2026-06-03T12:09:36+01:00"
      }
    ],
    "procedure": {
      "features": "Suppliers who have expressed interest in participating in this tender will be assessed against a number of qualitative criteria and Conditions of Participation. This assessment will be undertaken on a pass/fail basis.\nSuppliers who successfully pass the Invitation to Participate stage will be invited to submit a tender.\nUpon closure of the tender stage, initial submissions will be reviewed and, where appropriate, suppliers may be invited to a negotiation stage, followed by a final best and final offer submission.",
      "isAccelerated": true,
      "acceleratedRationale": "Qualifying planned procurement notice"
    },
    "legalBasis": {
      "id": "2023/54",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents",
      "scheme": "UKPGA"
    },
    "recurrence": {
      "dates": [
        {
          "startDate": "2031-06-02T23:59:59+01:00"
        }
      ]
    },
    "awardPeriod": {
      "endDate": "2026-11-24T23:59:59+00:00"
    },
    "description": "The City Corporation procures property insurance cover to limit the financial consequences arising out of significant damage to its assets and to meet its contractual obligations to leaseholders. The property insurance schedule consists of some 700 buildings/structures covering corporate, investment and residentail estates with a total insured value of c.£23BN. \nThe property insurance will cover the cost of repair or replacement arising out of material damage to buildings/structures, contents, stock, and computers, and the consequential financial losses arising out of a comprehensive range of insured events. \nIncluded in the scope of the contract will be buildings/structures, contents, stock, computers, rent and business interruption values.",
    "enquiryPeriod": {
      "endDate": "2026-06-15T12:00:00+01:00"
    },
    "hasRecurrence": true,
    "aboveThreshold": true,
    "submissionTerms": {
      "languages": [
        "en"
      ],
      "electronicSubmissionPolicy": "allowed"
    },
    "procurementMethod": "selective",
    "mainProcurementCategory": "services",
    "submissionMethodDetails": "Suppliers can register free of charge via the following portal:\nhttps://cityoflondon.ukp.app.jaggaer.com/\nOnce registered, Suppliers can access the opportunity by clicking on the following link:\nhttps://cityoflondon.ukp.app.jaggaer.com/go/33891859019E8D2AE4E9",
    "procurementMethodDetails": "Competitive flexible procedure",
    "expressionOfInterestDeadline": "2026-06-19T12:00:00+01:00"
  },
  "buyerID": [],
  "parties": [
    {
      "id": "GB-PPON-PYQD-1693-MYXR",
      "name": "The Mayor and Commonalty and Citizens of the City of London",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI43",
        "country": "GB",
        "locality": "City of London",
        "postalCode": "EC2P 2EJ",
        "countryName": "United Kingdom",
        "streetAddress": "PO Box 270"
      },
      "details": {
        "url": "https://www.cityoflondon.gov.uk",
        "classifications": [
          {
            "id": "publicAuthoritySubCentralGovernment",
            "scheme": "UK_CA_TYPE",
            "description": "Public authority - sub-central government"
          }
        ]
      },
      "identifier": {
        "id": "PYQD-1693-MYXR",
        "scheme": "GB-PPON"
      },
      "contactPoint": {
        "email": "daria.faeti@cityoflondon.gov.uk",
        "telephone": "020 7606 3030"
      }
    }
  ],
  "language": "en",
  "initiationType": "tender"
}
Complete JSON history (4 releases)
3 Jun 2026 · 052286-2026 · tender
{
  "id": "052286-2026",
  "tag": [
    "tender"
  ],
  "date": "2026-06-03T12:09:36+01:00",
  "ocid": "ocds-h6vhtk-068a0b",
  "buyer": {
    "id": "GB-PPON-PYQD-1693-MYXR",
    "name": "The Mayor and Commonalty and Citizens of the City of London"
  },
  "tender": {
    "id": "ocds-h6vhtk-068a0b",
    "lots": [
      {
        "id": "1",
        "value": {
          "amount": 99300000,
          "currency": "GBP",
          "amountGross": 99300000
        },
        "status": "active",
        "renewal": {
          "description": "The contract may be extended by up to two years at the City’s sole discretion."
        },
        "hasRenewal": true,
        "description": null,
        "awardCriteria": {
          "criteria": [
            {
              "name": "Technical",
              "type": "quality",
              "numbers": [
                {
                  "number": 50,
                  "weight": "percentageExact"
                }
              ]
            },
            {
              "name": "Commercial",
              "type": "cost",
              "numbers": [
                {
                  "number": 40,
                  "weight": "percentageExact"
                }
              ]
            },
            {
              "name": "Responsible Procurement",
              "type": "quality",
              "numbers": [
                {
                  "number": 10,
                  "weight": "percentageExact"
                }
              ]
            }
          ]
        },
        "contractPeriod": {
          "endDate": "2029-12-24T23:59:59+00:00",
          "startDate": "2026-12-25T00:00:00+00:00",
          "maxExtentDate": "2031-12-24T23:59:59+00:00"
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "additionalClassifications": [
          {
            "id": "66515200",
            "scheme": "CPV",
            "description": "Property insurance services"
          }
        ]
      }
    ],
    "title": "Insurance Policies - December Renewals (Property, Business Interruption, Contract Works and Money)",
    "value": {
      "amount": 99300000,
      "currency": "GBP",
      "amountGross": 99300000
    },
    "status": "active",
    "documents": [
      {
        "id": "conflictOfInterest",
        "description": "Not published",
        "documentType": "conflictOfInterest"
      },
      {
        "id": "052286-2026",
        "url": "https://www.find-tender.service.gov.uk/Notice/052286-2026",
        "format": "text/html",
        "noticeType": "UK4",
        "description": "Tender notice on Find a Tender",
        "documentType": "tenderNotice",
        "datePublished": "2026-06-03T12:09:36+01:00"
      }
    ],
    "procedure": {
      "features": "Suppliers who have expressed interest in participating in this tender will be assessed against a number of qualitative criteria and Conditions of Participation. This assessment will be undertaken on a pass/fail basis.\nSuppliers who successfully pass the Invitation to Participate stage will be invited to submit a tender.\nUpon closure of the tender stage, initial submissions will be reviewed and, where appropriate, suppliers may be invited to a negotiation stage, followed by a final best and final offer submission.",
      "isAccelerated": true,
      "acceleratedRationale": "Qualifying planned procurement notice"
    },
    "legalBasis": {
      "id": "2023/54",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents",
      "scheme": "UKPGA"
    },
    "recurrence": {
      "dates": [
        {
          "startDate": "2031-06-02T23:59:59+01:00"
        }
      ]
    },
    "awardPeriod": {
      "endDate": "2026-11-24T23:59:59+00:00"
    },
    "description": "The City Corporation procures property insurance cover to limit the financial consequences arising out of significant damage to its assets and to meet its contractual obligations to leaseholders. The property insurance schedule consists of some 700 buildings/structures covering corporate, investment and residentail estates with a total insured value of c.£23BN. \nThe property insurance will cover the cost of repair or replacement arising out of material damage to buildings/structures, contents, stock, and computers, and the consequential financial losses arising out of a comprehensive range of insured events. \nIncluded in the scope of the contract will be buildings/structures, contents, stock, computers, rent and business interruption values.",
    "enquiryPeriod": {
      "endDate": "2026-06-15T12:00:00+01:00"
    },
    "hasRecurrence": true,
    "aboveThreshold": true,
    "submissionTerms": {
      "languages": [
        "en"
      ],
      "electronicSubmissionPolicy": "allowed"
    },
    "procurementMethod": "selective",
    "mainProcurementCategory": "services",
    "submissionMethodDetails": "Suppliers can register free of charge via the following portal:\nhttps://cityoflondon.ukp.app.jaggaer.com/\nOnce registered, Suppliers can access the opportunity by clicking on the following link:\nhttps://cityoflondon.ukp.app.jaggaer.com/go/33891859019E8D2AE4E9",
    "procurementMethodDetails": "Competitive flexible procedure",
    "expressionOfInterestDeadline": "2026-06-19T12:00:00+01:00"
  },
  "buyerID": [],
  "parties": [
    {
      "id": "GB-PPON-PYQD-1693-MYXR",
      "name": "The Mayor and Commonalty and Citizens of the City of London",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI43",
        "country": "GB",
        "locality": "City of London",
        "postalCode": "EC2P 2EJ",
        "countryName": "United Kingdom",
        "streetAddress": "PO Box 270"
      },
      "details": {
        "url": "https://www.cityoflondon.gov.uk",
        "classifications": [
          {
            "id": "publicAuthoritySubCentralGovernment",
            "scheme": "UK_CA_TYPE",
            "description": "Public authority - sub-central government"
          }
        ]
      },
      "identifier": {
        "id": "PYQD-1693-MYXR",
        "scheme": "GB-PPON"
      },
      "contactPoint": {
        "email": "daria.faeti@cityoflondon.gov.uk",
        "telephone": "020 7606 3030"
      }
    }
  ],
  "language": "en",
  "initiationType": "tender"
}
14 May 2026 · 044341-2026 · planning
{
  "id": "044341-2026",
  "tag": [
    "planning"
  ],
  "date": "2026-05-14T12:59:18+01:00",
  "ocid": "ocds-h6vhtk-068a0b",
  "buyer": {
    "id": "GB-PPON-PYQD-1693-MYXR",
    "name": "The Mayor and Commonalty and Citizens of the City of London"
  },
  "tender": {
    "id": "ocds-h6vhtk-068a0b",
    "lots": [
      {
        "id": "1",
        "status": "planned",
        "description": null,
        "contractPeriod": {
          "endDate": "2029-12-24T23:59:59+00:00",
          "startDate": "2026-12-25T00:00:00+00:00"
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "additionalClassifications": [
          {
            "id": "66510000",
            "scheme": "CPV",
            "description": "Insurance services"
          }
        ]
      }
    ],
    "title": "Insurance Policies - December Renewals (Property, Contract Works and Money)",
    "status": "planned",
    "legalBasis": {
      "id": "2023/54",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents",
      "scheme": "UKPGA"
    },
    "description": "The City Corporation procures property insurance cover to limit the financial consequences arising out of significant damage to its assets and to meet its contractual obligations to leaseholders. The property insurance schedule consists of some 700 buildings/structures covering corporate, investment and residentail estates with a total insured value of c.£23BN. \nThe property insurance will cover the cost of repair or replacement arising out of material damage to buildings/structures, contents, stock, and computers, and the consequential financial losses arising out of a comprehensive range of insured events. \nIncluded in the scope of the contract will be buildings/structures, contents, stock, computers, rent and business interruption values.",
    "communication": {
      "futureNoticeDate": "2026-06-03T23:59:59+01:00"
    },
    "aboveThreshold": true,
    "mainProcurementCategory": "services"
  },
  "buyerID": [],
  "parties": [
    {
      "id": "GB-PPON-PYQD-1693-MYXR",
      "name": "The Mayor and Commonalty and Citizens of the City of London",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI43",
        "country": "GB",
        "locality": "City of London",
        "postalCode": "EC2P 2EJ",
        "countryName": "United Kingdom",
        "streetAddress": "PO Box 270"
      },
      "details": {
        "url": "https://www.cityoflondon.gov.uk",
        "classifications": [
          {
            "id": "publicAuthoritySubCentralGovernment",
            "scheme": "UK_CA_TYPE",
            "description": "Public authority - sub-central government"
          }
        ]
      },
      "identifier": {
        "id": "PYQD-1693-MYXR",
        "scheme": "GB-PPON"
      },
      "contactPoint": {
        "email": "daria.faeti@cityoflondon.gov.uk",
        "telephone": "020 7606 3030"
      }
    }
  ],
  "language": "en",
  "planning": {
    "documents": [
      {
        "id": "044341-2026",
        "url": "https://www.find-tender.service.gov.uk/Notice/044341-2026",
        "format": "text/html",
        "noticeType": "UK2",
        "description": "Preliminary market engagement notice on Find a Tender",
        "documentType": "marketEngagementNotice",
        "datePublished": "2026-05-14T12:59:18+01:00"
      }
    ],
    "milestones": [
      {
        "id": "engagement",
        "type": "engagement",
        "status": "scheduled",
        "dueDate": "2026-05-27T23:59:59+01:00",
        "description": "Suppliers are required to express their interest in participating in the Insurer Day by responding to the opportunity published on the Jaggaer e-tendering portal.\nSuppliers can register free of charge via the following portal: https://cityoflondon.ukp.app.jaggaer.com/\nOnce registered, suppliers can access the opportunity to express interest in participating in the Insurer Day by clicking the following link: https://cityoflondon.ukp.app.jaggaer.com/go/74732005019E264F92EB\nThe deadline to express interest in participating is Wednesday 27 May at midday.\nParticipation is not mandatory for submission of the tender. The presentation slides will be uploaded alongside the opportunity."
      }
    ]
  },
  "initiationType": "tender"
}
13 May 2026 · 043994-2026 · planning
{
  "id": "043994-2026",
  "tag": [
    "planning"
  ],
  "date": "2026-05-13T14:50:48+01:00",
  "ocid": "ocds-h6vhtk-068a0b",
  "buyer": {
    "id": "GB-PPON-PYQD-1693-MYXR",
    "name": "The Mayor and Commonalty and Citizens of the City of London"
  },
  "tender": {
    "id": "ocds-h6vhtk-068a0b",
    "lots": [
      {
        "id": "1",
        "status": "planned",
        "hasRenewal": true,
        "description": null,
        "contractPeriod": {
          "endDate": "2029-12-24T23:59:59+00:00",
          "startDate": "2026-12-25T00:00:00+00:00",
          "maxExtentDate": "2031-12-24T23:59:59+00:00"
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "additionalClassifications": [
          {
            "id": "66515200",
            "scheme": "CPV",
            "description": "Property insurance services"
          }
        ]
      }
    ],
    "title": "Insurance Policies - December Renewals (Property, Contract Works and Money)",
    "value": {
      "amount": 93500000,
      "currency": "GBP",
      "amountGross": 93500000
    },
    "status": "planned",
    "legalBasis": {
      "id": "2023/54",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents",
      "scheme": "UKPGA"
    },
    "description": "The City Corporation procures property insurance cover to limit the financial consequences arising out of significant damage to its assets and to meet its contractual obligations to leaseholders. The property insurance schedule consists of some 700 buildings/structures covering corporate, investment and residentail estates with a total insured value of c.£23BN. \nThe property insurance will cover the cost of repair or replacement arising out of material damage to buildings/structures, contents, stock, and computers, and the consequential financial losses arising out of a comprehensive range of insured events. \nIncluded in the scope of the contract will be buildings/structures, contents, stock, computers, rent and business interruption values.",
    "communication": {
      "futureNoticeDate": "2026-06-03T23:59:59+01:00"
    },
    "aboveThreshold": true,
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Competitive flexible procedure"
  },
  "buyerID": [],
  "parties": [
    {
      "id": "GB-PPON-PYQD-1693-MYXR",
      "name": "The Mayor and Commonalty and Citizens of the City of London",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI43",
        "country": "GB",
        "locality": "City of London",
        "postalCode": "EC2P 2EJ",
        "countryName": "United Kingdom",
        "streetAddress": "PO Box 270"
      },
      "details": {
        "url": "https://www.cityoflondon.gov.uk",
        "classifications": [
          {
            "id": "publicAuthoritySubCentralGovernment",
            "scheme": "UK_CA_TYPE",
            "description": "Public authority - sub-central government"
          }
        ]
      },
      "identifier": {
        "id": "PYQD-1693-MYXR",
        "scheme": "GB-PPON"
      },
      "contactPoint": {
        "email": "daria.faeti@cityoflondon.gov.uk",
        "telephone": "020 7606 3030"
      }
    }
  ],
  "language": "en",
  "planning": {
    "documents": [
      {
        "id": "043994-2026",
        "url": "https://www.find-tender.service.gov.uk/Notice/043994-2026",
        "format": "text/html",
        "noticeType": "UK1",
        "description": "Pipeline notice on Find a Tender",
        "documentType": "plannedProcurementNotice",
        "datePublished": "2026-05-13T14:50:48+01:00"
      }
    ]
  },
  "initiationType": "tender"
}
23 Apr 2026 · 037280-2026 · planning
{
  "id": "037280-2026",
  "tag": [
    "planning"
  ],
  "date": "2026-04-23T16:39:53+01:00",
  "ocid": "ocds-h6vhtk-068a0b",
  "buyer": {
    "id": "GB-PPON-PYQD-1693-MYXR",
    "name": "The Mayor and Commonalty and Citizens of the City of London"
  },
  "tender": {
    "id": "ocds-h6vhtk-068a0b",
    "lots": [
      {
        "id": "1",
        "value": {
          "amount": 99300000,
          "currency": "GBP",
          "amountGross": 111216000
        },
        "status": "planned",
        "description": null,
        "contractPeriod": {
          "endDate": "2029-12-24T23:59:59+00:00",
          "startDate": "2026-12-25T00:00:00+00:00"
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "additionalClassifications": [
          {
            "id": "66515200",
            "scheme": "CPV",
            "description": "Property insurance services"
          }
        ]
      }
    ],
    "title": "Planned Procurement Notice - Insurance Policies - December Renewals (Property, Contract Works and Money)",
    "value": {
      "amount": 99300000,
      "currency": "GBP",
      "amountGross": 111216000
    },
    "status": "planned",
    "procedure": {
      "features": "The process will include a participation stage, tender stage(s), and an award stage. The tender stage(s) may also include a negotiation phase.",
      "isAccelerated": true,
      "acceleratedRationale": "Qualifying planned procurement notice"
    },
    "legalBasis": {
      "id": "2023/54",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents",
      "scheme": "UKPGA"
    },
    "awardPeriod": {
      "endDate": "2026-11-25T23:59:59+00:00"
    },
    "description": "The City Corporation procures property insurance cover to limit the financial consequences arising out of significant damage to its assets and to meet its contractual obligations to leaseholders. The property insurance schedule consists of some 700 buildings/structures covering corporate, investment and residentail estates with a total insured value of c.£23BN. \nThe property insurance will cover the cost of repair or replacement arising out of material damage to buildings/structures, contents, stock, and computers, and the consequential financial losses arising out of a comprehensive range of insured events. \nIncluded in the scope of the contract will be buildings/structures, contents, stock, computers, rent and business interruption values.",
    "communication": {
      "futureNoticeDate": "2026-06-03T23:59:59+01:00"
    },
    "aboveThreshold": true,
    "submissionTerms": {
      "languages": [
        "en"
      ]
    },
    "procurementMethod": "selective",
    "mainProcurementCategory": "services",
    "procurementMethodDetails": "Competitive flexible procedure",
    "expressionOfInterestDeadline": "2026-06-23T23:59:00+01:00"
  },
  "parties": [
    {
      "id": "GB-PPON-PYQD-1693-MYXR",
      "name": "The Mayor and Commonalty and Citizens of the City of London",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI43",
        "country": "GB",
        "locality": "City of London",
        "postalCode": "EC2P 2EJ",
        "countryName": "United Kingdom",
        "streetAddress": "PO Box 270"
      },
      "details": {
        "url": "https://www.cityoflondon.gov.uk",
        "classifications": [
          {
            "id": "publicAuthoritySubCentralGovernment",
            "scheme": "UK_CA_TYPE",
            "description": "Public authority - sub-central government"
          }
        ]
      },
      "identifier": {
        "id": "PYQD-1693-MYXR",
        "scheme": "GB-PPON"
      },
      "contactPoint": {
        "email": "CityProc.Operations@cityoflondon.gov.uk",
        "telephone": "020 7606 3030"
      }
    }
  ],
  "language": "en",
  "planning": {
    "documents": [
      {
        "id": "037280-2026",
        "url": "https://www.find-tender.service.gov.uk/Notice/037280-2026",
        "format": "text/html",
        "noticeType": "UK3",
        "description": "Planned procurement notice on Find a Tender",
        "documentType": "plannedProcurementNotice",
        "datePublished": "2026-04-23T16:39:53+01:00"
      }
    ]
  },
  "initiationType": "tender"
}