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Official procurement procedure

Insurance Tender - Leasehold Buildings Lot 9 Awards 2024-2029

Insurance services
London (UKI)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: The Royal Borough of Kensington and Chelsea: "Insurance Tender - Leasehold Buildings Lot 9 Awards 2024-2029". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityThe Royal Borough of Kensington and ChelseaScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: The Royal Borough of Kensington and Chelsea
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for The Royal Borough of Kensington and Chelsea. 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
1Bids / Report
100% 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. 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 Unpublished data stays unknown.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 AuthorityThe Royal Borough of Kensington and Chelsea
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
Published18 Apr 2024, 16:47 BST
Last source update18 Apr 2024, 16:47 BST
Recurring procurementNot published
ClassificationInsurance services
Delivery area
London (UKI)
OCIDocds-h6vhtk-042e48
What is being bought
The Royal Borough of Kensington & Chelsea (RBKC) has awarded an insurance tender - Leasehold Buildings Lot 9 Award 2024-2029 contracts to Protector Insurance (Company No: FC033034) for the delivery of Leasehold Buildings insurance. The tender was carried out using the Open procedure using the Council’s capitalEsourcing portal. The Contract Notice was published on 19th of January 2024 and open for 30 days and closed on 19th of February 2024. The contract will be established for an initial duration of five-year arrangement, premiums are not fixed by the insurers as they will be subject to annual index linking to reflect the current inflation at that time. This ensures the Councils’ assets are adequately insured and not subject to under-insurance.
What changed
From the official release history
  1. Official notice release published
    18 Apr 2024, 16:47 BST
  2. Buyer information updated
    18 Apr 2024, 16:47 BST
  3. tender value changed
    18 Apr 2024, 14:23 BST
  4. Status changed to complete
    18 Apr 2024, 14:23 BST
  5. Official notice release published
    18 Apr 2024, 14:23 BST
  6. Submission deadline changed to published date
    18 Apr 2024, 14:23 BST
  7. Buyer information updated
    18 Apr 2024, 14:23 BST
  8. Published value updated to £100,000,000
    18 Jan 2024, 15:44 GMT
  9. Status changed to active
    18 Jan 2024, 15:44 GMT
  10. Official notice release published
    18 Jan 2024, 15:44 GMT
  11. Submission deadline changed to 19 Feb 2024, 12:00 GMT
    18 Jan 2024, 15:44 GMT
  12. Buyer information updated
    18 Jan 2024, 15:44 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #9
    Individual lot title not published
    cancelled
    Published valueNot published
    The objectives of this tender is the contract award for sovereign insurance contract for Leasehold Buildings that will commence on 1st of April 2024. The tender was carried out using the Open procedure using the Council’s capitalEsourcing portal. The Contract Award Criteria was based on the technical specification, which invited bidders to provide policy coverage and claims handling requirements. The Contract Notice was published on 19th of January 2024 and open for 30 days and closed on 19th of February 2024.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    18 Apr 2024, 16:47 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 4 Mar 2024, 00:00 GMT · £14,832,860
Commercial outcome and competition
Awards
Protector Forsikring ASA
Not published · Not published · active
Contracts
Contract
£14,832,860 · signed 4 Mar 2024, 00:00 GMT · active
Bid statistics
bids: 1 (lot 9)
Buyer and organisations in this procedure

The Royal Borough of Kensington and Chelsea

Contracting authority GB-FTS-111273
View buyer profile

  • The Royal Borough of Kensington and Chelsea
    buyer

    Royal Borough of Kensington and Chelsea, London, UKI, W8 7NX
    procurement@rbkc.gov.uk

  • Protector Forsikring ASA
    supplier

    Manchester, UKI

  • Public Procurement Review Service
    reviewBody

    70 Whitehall, London, SW1A 2AS
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published