Find a TenderAwarded
Published 7 Oct 2024, 16:51 BST

Official UK procurement notice

Property and Commercial Property Insurance

Official notice

Authority: London Borough of Sutton (Local council)·Consortium: 3 public authorities

4 lotsServicesOpen procedureMax 4 lots per supplier
Published estimate£12,750,000total for 4 lots
Submissions closed 29 Nov 2024awarded 11 Mar 2025
Awarded to PROTECTOR INSURANCE (UK), Zurich Municipal3 awards

What is being bought4 lots · detail below

Published requirement description

Property Insurance and Commercial Property Insurance for the London Borough of Sutton, Royal Borough of Kingston and London Borough of Merton. There are four lots and bidders can apply for all lots.

Lot 1 Property Insurance for London Borough of Sutton, Royal Borough of Kingston and London Borough of Merton.

Lot 2 Commercial Property Insurance for the London Borough of Sutton

Lot 3 Commercial Property Insurance for the Royal Borough of Kingston upon Thames

Lot 4 Commercial Property Insurance for the London Borough of Merton

It is a requirement of this procurement that bidders must pay the London Living Wage to be considered for an award of a contract for any of the lots, including a combination of lots or all lots.

CPV: Financial and insurance services

Lots and requirements (4)Procurement structure

4 lots · all with a published value (£12,750,000 together) · win at most 4 of them · same evaluation weights on every lot
Lot #1Property Insurance for London Borough of Sutton, Royal Borough of Kingston and London Borough of Merton.AwardedRenewalPublished value£8,500,000

This lot is for Property Insurance for London Borough of Sutton, Royal Borough of Kingston upon Thames and London Borough of Merton. It covers Material Damage, Business Interruption, Specified All Risks, Works In Progress (All Risks), Computer. The contract is for a period of three years (1 April 2025 to 31 March 2028) with an option to extend for a further two years.

It is a requirement of this procurement that bidders must pay the London Living Wage to be considered for this Lot, Lot 1.

Delivery: London
Extensions: There is an option to extend the contract for one period of 24 months. · The contract may be extended for a period of two years at the sole discretion of the Contract Authority in consultation with the partner authorities.Variant bids: not allowed
Lot #2Commercial Property Insurance for the London Borough of SuttonCancelledRenewalPublished value£3,500,000

Commercial Property Insurance for the London Borough of Sutton including Material Damage and Business Interruption. The contract is for a period of three years (1 April 2025 to 31 March 2028) with an option to extend for a further (2) two years.

It is a requirement of this procurement that bidders must pay the London Living Wage to be considered for this Lot, Lot 2.

Delivery: London
Extensions: There is an option to extend the contract for one period of 24 months. · The contract may be extended for a period of two years at the sole discretion of the Contract Authority in consultation with the partner authorities.Variant bids: not allowed
Lot #3Commercial Property Insurance for the Royal Borough of Kingston upon ThamesAwardedRenewalPublished value£250,000

Commercial Property Insurance for the Royal Borough of Kingston upon Thames, including Material Damage and Business Interruption. The contract is for a period of three years (1 April 2025 to 31 March 2028) with an option to extend for a further two years.

It is a requirement of this procurement that bidders must pay the London Living Wage to be considered for this Lot, Lot 3.

Delivery: London
Extensions: The contract may be extended for a period of two years at the sole discretion of the Contract Authority in consultation with the partner authorities.Variant bids: not allowed
Lot #4Commercial Property Insurance for the London Borough of MertonAwardedRenewalPublished value£500,000

Commercial Property Insurance for the London Borough of Merton, including Material Damage and Business Interruption. The contract is for a period of three years (1 April 2025 to 31 March 2028) with an option to extend for a further two years.

It is a requirement of this procurement that bidders must pay the London Living Wage to be considered for this Lot, Lot 4.

Delivery: London
Extensions: There is an option to extend the contract for one period of 24 months. · The contract may be extended for a period of two years at the sole discretion of the Contract Authority in consultation with the partner authorities.Variant bids: not allowed

What it takes to win
i

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 more
How bids were scored · same split on all 4 lots
Quality: 40%Price: 60%
Published award criteria (2)
  • Quality: 40
  • Price: 60
What this means for your bid
  • Price carries 60 of 100 points: a 10% discount moves about 6 points. This one is won on the number: sharpen the price before polishing the prose.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
No (one-off requirement)
First published
7 Oct 2024, 16:51 BST
Last source update
15 Apr 2025, 17:47 BST
Award evaluation window
29 Nov 2024 – …
Authority reference
DN744915
FTS notice number
2025/S 000-015381
Classification (CPV)
Financial and insurance services
Delivery area
London (UKI63)
Official registry OCID
ocds-h6vhtk-04a68e Find a Tender

How it was run

Official notice
Run through: London Tenders Portal
Supplier login requiredLanguage: EN
Access & registration note: Free regional portal
Submission deadline
29 Nov 2024, 12:00 GMT
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bids opened
29 Nov 2024, 13:00 GMT
Detailed submission instructions & authority contactsFrom official release

Timeline

29 Nov 2024 → 15 Apr 2025 · 3 dates
  1. Submission deadline
    29 Nov 2024, 12:00 GMT
  2. Bids opened
    29 Nov 2024, 13:00 GMT
  3. Notice published
    15 Apr 2025, 17:47 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    15 Apr 2025, 17:47 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 4
Bids received 9
Contracts signed 3latest 11 Mar 2025

1 further award records carry no date or value.

Contracts

  • Property Insurance for London Borough of Sutton, Royal Borough of Kingston and London Borough of Merton. · PROTECTOR INSURANCE (UK)

    Signed
    11 Mar 2025
    Value
    —
    Status
    active
  • Commercial Property Insurance for the Royal Borough of Kingston upon Thames · Zurich Municipal

    Signed
    11 Mar 2025
    Value
    —
    Status
    active
  • Commercial Property Insurance for the London Borough of Merton · PROTECTOR INSURANCE (UK)

    Signed
    11 Mar 2025
    Value
    —
    Status
    active

Bid statistics published by the authority

LotBidsSMEVCSEValid bid range
1 · Property Insurance for London Borough of Sutton, Royal Borough of Kingston and London Borough of Merton.2bids · 2 electronic0—£1,576,848 – £1,641,209
3 · Commercial Property Insurance for the Royal Borough of Kingston upon Thames3bids · 3 electronic0—£429,382 – £446,908
4 · Commercial Property Insurance for the London Borough of Merton4bids · 4 electronic0—£88,489 – £106,015

Contracting authority & participating public bodies

3 public bodies on the notice

London Borough of Sutton

Contracting authorityLocal CouncilRegional or local authorityGeneral public services Civic Offices, St Nicholas Way, Sutton, London, SM1 1EAContact name, email, phone Published organisation website ↗

Consortium members and other public bodies

  • London Borough of MertonContracting authority Morden, LondonContact name, email, phone
  • Royal Borough of Kingston Upon ThamesContracting authority Kingston upon Thames, LondonContact name, email, phone

Dispute resolution & review bodies

  • The High Court of JusticeReview body London

Bidders & participating suppliers

2 commercial parties on the notice

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.