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Official procurement procedure

SPS 2689 - Provision of a complete package of insurances for Greenwich Service Plus Ltd

Insurance services
London (UKI51)
Published value
£219,709
Submission deadline 23 Aug 2023, 17:00 BST
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Royal Borough of Greenwich: "SPS 2689 - Provision of a complete package of insurances for Greenwich Service Plus Ltd". Published status: active. Published value: £219,709. 1 published lot. Recorded submission deadline: 23 Aug 2023, 17:00 BST. See the official notice for participation instructions.
Contracting AuthorityRoyal Borough of GreenwichScope & CategoriesNot publishedSubmission Window
Closed
23 Aug 2023, 17:00 BST
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£219,709
Bidder Intelligence · Authority Profile: Royal Borough of Greenwich
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Royal Borough of Greenwich. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
11Bids / Report
1.4% 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: 78 active published awards; 74 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. Price reduction 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 Unpublished data stays unknown.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 AuthorityRoyal Borough of Greenwich
Procedure methodNot published
Procurement categoryNot published
Statusactive
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published3 Jul 2023, 14:36 BST
Last source update3 Jul 2023, 14:36 BST
Recurring procurementNo
ClassificationInsurance services
Delivery area
London (UKI51)
OCIDocds-h6vhtk-03de4b
What is being bought
Greenwich Service Plus Ltd is seeking tenders (s) for Insurance packages as a whole embracing all aspects of insurance (with claims handling) including Uninsured Loss Recovery and Legal Expenses. The Contract will commence from 1st April 2024 till 31st March 2025 as a minimum, however Greenwich Service Plus will consider entering into a long-term agreement with an option to extend and is open to considering potential long term agreements with insurers so initially please quote terms for 1 year, 3 years, 3+2 year and a 5-year period.
What changed
From the official release history
  1. Published value updated to £219,709
    3 Jul 2023, 14:36 BST
  2. Status changed to active
    3 Jul 2023, 14:36 BST
  3. Official notice release published
    3 Jul 2023, 14:36 BST
  4. Submission deadline changed to 23 Aug 2023, 17:00 BST
    3 Jul 2023, 14:36 BST
  5. Buyer information updated
    3 Jul 2023, 14:36 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    active
    Published value£219,709
    Greenwich Service Plus Ltd is seeking tender(s) for Insurance packages as a whole embracing all aspects of insurance (with claims handling) including Uninsured Loss Recovery and Legal Expenses. The Contract will commence from 1st April 2024 till 31st March 2025 as a minimum, however Greenwich Service Plus will consider entering into a long-term agreement with an option to extend and will be open to consider long term agreements with insurers so initially please quote terms for 1 year, 3 years, 3+2 year and a 5-year period. The procurement will take place under the Open Procedure as stipulated in the Public Contracts Regulations 2015. The estimated total value is £219,708.66 including IPT & VAT – based on last year’s annual renewal.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    3 Jul 2023, 14:36 BST
  2. Submission deadline
    23 Aug 2023, 17:00 BST
Commercial outcome and competition
AwardsNo award published
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

Royal Borough of Greenwich

Contracting authority GB-FTS-477
View buyer profile

  • Royal Borough of Greenwich
    buyer
    centralPurchasingBody

    3rd Floor, The Woolwich Centre, 35 Wellington Street, Woolwich, London, UKI51, SE18 6HQ
    shola.oke@royalgreenwich.gov.uk
    +44 2089216957
    Published organisation website

  • Cabinet Office
    mediationBody

    70 Whitehall, London, SW1A 2AS

  • High Court of England and Wales
    reviewBody

    Royal Courts of Justice, Strand, London, WC1A 2LL

  • Royal Borough of Greenwich
    reviewContactPoint

    The Woolwich Centre, London, SE18 6HQ
Documents (2)
Official links; attachments are not copied

  • economicSelectionCriteria

    tender
    economicSelectionCriteria

  • technicalSelectionCriteria

    tender
    technicalSelectionCriteria
Related procedures (0)
No data
No related procedures published