Official UK procurement notice
Insurance Policies - December Renewals (Property, Business Interruption, Contract Works and Money)
Authority: The Mayor and Commonalty and Citizens of the City of London (Local council)
What is being bought
Published requirement descriptionThe 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.
- The authority expects to re-tender this requirement around 2 Jun 2031, 23:59 BST.
- How the procedure runs: 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. Suppliers who successfully pass the Invitation to Participate stage will be invited to submit a tender. Upon 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.
CPV: Property insurance services
The lotProcurement structure
single lot · value publishedLot #1RenewalPublished value£99,300,000
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Published sub-criteria (3)
- Technical: 50%
- Responsible Procurement: 10%
- Commercial: 40%
Published award criteria (3)
- Technical
- Commercial
- Responsible Procurement
- Price carries 40 of 100 points: a 10% discount moves about 4 points. The method statement decides this lot, not the discount.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record- Procedure method
- Competitive flexible procedure
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Procurement category
- Services
- Notice status
- Closed
- Procurement threshold
- Above threshold (FTS publication)
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Yes · next expected 2 Jun 2031
- First published
- 23 Apr 2026, 16:39 BST
- Last source update
- 3 Jun 2026, 12:09 BST
- Award evaluation window
- Submission end – 24 Nov 2026
- FTS notice number
2026/S 000-052286- Accelerated
- Qualifying planned procurement notice
- Latest notice
- Tender notice (UK4)
- Classification (CPV)
- Delivery area
- Not published
- Official registry OCID
ocds-h6vhtk-068a0bFind a Tender
- How it runs
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.
Suppliers who successfully pass the Invitation to Participate stage will be invited to submit a tender.
Upon 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.
How it was run
Official notice- Requests to participate (first stage)
- 19 Jun 2026, 12:00 BST
- Submission deadline
- 19 Jun 2026, 12:00 BST
- Clarification deadline
- 15 Jun 2026, 12:00 BST
- Submission channel
- Official e-sourcing portal
- Electronic submission
- Allowed
- Accepted languages
- en
Suppliers can register free of charge via the following portal:
cityoflondon.ukp.app.jaggaer.com ↗
Once registered, Suppliers can access the opportunity by clicking on the following link:
Timeline
23 Apr 2026 → 25 Dec 2026 · 8 dates- Planning notice published187 days ago23 Apr 2026, 16:39 BST
- Market engagement152 days ago27 May 2026, 23:59 BST
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.
Suppliers can register free of charge via the following portal: cityoflondon.ukp.app.jaggaer.com ↗
Once registered, suppliers can access the opportunity to express interest in participating in the Insurer Day by clicking the following link: cityoflondon.ukp.app.jaggaer.com/go/74732005019E264F92EB ↗
The deadline to express interest in participating is Wednesday 27 May at midday.
Participation is not mandatory for submission of the tender. The presentation slides will be uploaded alongside the opportunity.
- Tender notice published146 days ago3 Jun 2026, 12:09 BST
- Next notice expected145 days ago3 Jun 2026, 23:59 BST
- Clarification questions by134 days ago15 Jun 2026, 12:00 BST
- Submission deadline130 days ago19 Jun 2026, 12:00 BST
- Today27 Oct 2026
- Award decision expected byin 28 days24 Nov 2026, 23:59 GMT
- Contract startsin 58 days25 Dec 2026
Notice history
7 events · 4 releases on Find a Tender · since 23 Apr 2026- Planned procurement notice published23 Apr 2026, 16:39 BSTUK3
- Pipeline notice published13 May 2026, 14:50 BSTUK1
- Published value updated to £93,500,00013 May 2026, 14:50 BSTwas £99,300,000
- Preliminary market engagement notice published14 May 2026, 12:59 BSTUK2
- Tender notice published3 Jun 2026, 12:09 BSTUK4
- Published value updated to £99,300,0003 Jun 2026, 12:09 BSTwas £93,500,000
- Status changed to active3 Jun 2026, 12:09 BST
Routine re-releases (4)
- 2026-04: 1 release · 23 Apr 2026
Contracting authority & participating public bodies
Official documents & specifications (4)
Official links; attachments are not copiedNotices published for this procedure
- Tender notice Tender notice on Find a Tender
- Preliminary market engagement notice Preliminary market engagement notice on Find a Tender
- Pipeline notice Pipeline notice on Find a Tender
- Planned procurement notice Planned procurement notice on Find a Tender