TenderlineUK
Procurement Intelligence
Official OCDS
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complete
Official procurement procedure

Insurance services

Financial and insurance services
Insurance services
UK
Published value
Not published
Submission deadline Not published
Lots published8
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Bank of England: "Insurance services". Published status: complete. Published value: Value not published. 8 published lots. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityBank of EnglandScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Bank of England
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Bank of England. 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
3.8Bids / 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: 12 active published awards; 12 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 Unpublished data stays unknown.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 AuthorityBank of England
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
Published4 Mar 2021, 13:25 GMT
Last source update4 Mar 2021, 13:25 GMT
Recurring procurementNot published
ClassificationFinancial and insurance services, Insurance services
Delivery area
UK
OCIDocds-h6vhtk-029852
What is being bought
Bank of England annual insurances - Property Damage / Business Interruption, Employer's Liability and Public Liability, Fine Art, Construction, Motor, Personal Accident and Travel.
What changed
From the official release history
  1. Status changed to complete
    4 Mar 2021, 13:25 GMT
  2. Official notice release published
    4 Mar 2021, 13:25 GMT
  3. Buyer information updated
    4 Mar 2021, 13:25 GMT
Lots and requirements (8)
Published by the contracting authority
  • Lot 1 · #1
    Property Damage and Business Interruption
    cancelled
    Published valueNot published
    This lot relates to property damage and business interruption insurance.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
  • Lot 2 · #2
    Primary Combined Liability (Employers Liability GBP 25 Million and Public Liability GBP 10 Million)
    cancelled
    Published valueNot published
    This lot relates to primary combined liability (employers liability GBP 25 million and public liability GBP 10 million) insurance.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
  • Lot 3 · #3
    Excess Combined Liability (EL GBP 25 Million in Excess of GBP 25 Million and PL GBP 40 Million in Excess of GBP 10 Million)
    cancelled
    Published valueNot published
    This lot relates to excess combined liability (EL GBP 25 million in excess of GBP 25 million and PL GBP 40 million in excess of GBP 10 million) insurance.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
  • Lot 4 · #4
    Excess Public Liability (GBP 50 Million in Excess of GBP 50 Million)
    cancelled
    Published valueNot published
    This lot relates to excess public liability (GBP 50 million in excess of GBP 50 million) insurance.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
  • Lot 5 · #5
    Fine Art
    cancelled
    Published valueNot published
    This lot relates to fine art insurance.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
  • Lot 6 · #6
    Construction
    cancelled
    Published valueNot published
    This lot relates to construction insurance.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
  • Lot 7 · #7
    Motor
    cancelled
    Published valueNot published
    This lot relates to motor insurance.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
  • Lot 8 · #8
    Personal Accident and Travel
    cancelled
    Published valueNot published
    This lot relates to personal accident and travel insurance.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    4 Mar 2021, 13:25 GMT
  2. Award active
    Not published · Not published
  3. Award active
    Not published · Not published
  4. Award active
    Not published · Not published
  5. Award active
    Not published · Not published
  6. Award active
    Not published · Not published
  7. Award active
    Not published · Not published
  8. Award active
    Not published · Not published
  9. Award active
    Not published · Not published
  10. Contract active
    Signed 5 Feb 2021, 00:00 GMT · £547,888
  11. Contract active
    Signed 5 Feb 2021, 00:00 GMT · £99,350
  12. Contract active
    Signed 5 Feb 2021, 00:00 GMT · £39,375
  13. Contract active
    Signed 5 Feb 2021, 00:00 GMT · £15,000
  14. Contract active
    Signed 5 Feb 2021, 00:00 GMT · £19,284
  15. Contract active
    Signed 5 Feb 2021, 00:00 GMT · £4,579
  16. Contract active
    Signed 5 Feb 2021, 00:00 GMT · £22,000
  17. Contract active
    Signed 5 Feb 2021, 00:00 GMT · £5,300
Commercial outcome and competition
Awards
Aviva Plc
Not published · Not published · active
Risk Management Partners Ltd
Not published · Not published · active
Aviva Plc
Not published · Not published · active
American International Group UK limited
Not published · Not published · active
HDI Global Specialty SE
Not published · Not published · active
Risk Management Partners Ltd
Not published · Not published · active
Risk Management Partners Ltd
Not published · Not published · active
Chubb European Group
Not published · Not published · active
Contracts
Property Damage and Business Interruption
£547,888 · signed 5 Feb 2021, 00:00 GMT · active
Primary Combined Liability (Employers Liability GBP 25 Million and Public Liability GBP 10 Million)
£99,350 · signed 5 Feb 2021, 00:00 GMT · active
Excess Combined Liability (EL GBP 25 Million in Excess of GBP 25 Million and PL GBP 40 Million in Excess of GBP 10 Million)
£39,375 · signed 5 Feb 2021, 00:00 GMT · active
Excess Public Liability (GBP 50 Million in Excess of GBP 50 Million)
£15,000 · signed 5 Feb 2021, 00:00 GMT · active
Fine Art
£19,284 · signed 5 Feb 2021, 00:00 GMT · active
Construction
£4,579 · signed 5 Feb 2021, 00:00 GMT · active
Motor
£22,000 · signed 5 Feb 2021, 00:00 GMT · active
Personal Accident and Travel
£5,300 · signed 5 Feb 2021, 00:00 GMT · active
Bid statistics
bids: 5 (lot 1)
electronicBids: 5 (lot 1)
foreignBidsFromEU: 0 (lot 1)
foreignBidsFromNonEU: 0 (lot 1)
smeBids: 1 (lot 1)
bids: 4 (lot 2)
electronicBids: 4 (lot 2)
foreignBidsFromEU: 0 (lot 2)
foreignBidsFromNonEU: 0 (lot 2)
smeBids: 1 (lot 2)
bids: 2 (lot 3)
electronicBids: 2 (lot 3)
foreignBidsFromEU: 0 (lot 3)
foreignBidsFromNonEU: 0 (lot 3)
smeBids: 1 (lot 3)
bids: 3 (lot 4)
electronicBids: 3 (lot 4)
foreignBidsFromEU: 0 (lot 4)
foreignBidsFromNonEU: 0 (lot 4)
smeBids: 0 (lot 4)
bids: 3 (lot 5)
electronicBids: 3 (lot 5)
foreignBidsFromEU: 0 (lot 5)
foreignBidsFromNonEU: 0 (lot 5)
smeBids: 2 (lot 5)
bids: 2 (lot 6)
electronicBids: 2 (lot 6)
foreignBidsFromEU: 0 (lot 6)
foreignBidsFromNonEU: 0 (lot 6)
smeBids: 1 (lot 6)
bids: 2 (lot 7)
electronicBids: 2 (lot 7)
foreignBidsFromEU: 0 (lot 7)
foreignBidsFromNonEU: 0 (lot 7)
smeBids: 1 (lot 7)
bids: 4 (lot 8)
electronicBids: 4 (lot 8)
foreignBidsFromEU: 0 (lot 8)
foreignBidsFromNonEU: 0 (lot 8)
smeBids: 1 (lot 8)
Buyer and organisations in this procedure

Bank of England

Contracting authority GB-FTS-551
View buyer profile

  • Bank of England
    buyer

    Bank of England, Threadneedle Street, London, UK, EC2R 8AH
    fm.contracts@bankofengland.co.uk
    +44 2034613000

  • American International Group UK limited
    supplier

    10737370
    The AIG Building, 58 Fenchurch Street, London, UK, EC3M 4AB

  • Aviva Plc
    supplier

    2725830
    8 Surrey Street, Norwich, UK, NR1 3NG

  • Chubb European Group
    supplier

    1112892
    100 Leadenhall, London, UK, EC3A 3BP

  • HDI Global Specialty SE
    supplier

    BR023137
    10 Fenchurch Street, London, UK, EC3M 3BE

  • Institute of Workplace and Facilities Management
    reviewBody

    Bishops Stortford

  • Risk Management Partners Ltd
    supplier

    2989025
    67 Lombard Street, London, UK, EC3V 9LJ
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published