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Published 6 Jan 2025, 16:35 GMT

Official UK procurement notice

Terrorism Insurance · UK public procurement notice

Official notice

Authority: London Borough of Sutton (Local council)

ServicesOpen procedure
Sectors: Financial and insurance services (66) Delivery: London (UKI63)
Published estimate£380,000exc. VAT36.1% above published estimate
Submissions closed 14 Feb 2025awarded 31 Mar 2025
Awarded to Jensten Insurance Brokers (London & SE) Limited

What is being bought

Published requirement description

The London Borough of Sutton is procuring Terrorism Insurance for the London Borough of Sutton,

Royal Borough of Kingston and London Borough of Merton. There is one lot and the tender is offered on the basis of a single award. It is a requirement of this procurement that bidders must pay the London Living Wage to be considered for an award of the contract.

CPV: Financial and insurance services

The lotProcurement structure

single lot · no lot value published
Lot #1This tender is to procure Terrorism Insurance for London Borough of Sutton, Royal…AwardedRenewal

This tender is to procure Terrorism 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.

More information is available in the tender documents available via the London Tender Portal reference DN757429. www.londontenders.org ↗

Delivery: London
Extensions: The contract shall be for a period of three years with an option to extend at the participating authorities sole discretion for two additional one year periods (3+2), making a total maximum contract length of five years. · The contract shall be for a period of three years with an option to extend at the participating authorities sole discretion for two additional one year periods (3+2), making a total maximum contract length of five years.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
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
6 Jan 2025, 16:35 GMT
Last source update
16 Apr 2025, 14:16 BST
Award evaluation window
14 Feb 2025 – …
Authority reference
DN757429
FTS notice number
2025/S 000-015586
Classification (CPV)
Financial and insurance services
Delivery area
London (UKI63)
Official registry OCID
ocds-h6vhtk-04cdab Find a Tender

How it was run

Official notice
Run through: ProContract (Due North) · Who buys & how to bid on ProContract
Supplier login requiredLanguage: EN
Access & registration note: Free · short registration with manual review; public opportunity list
Submission deadline
14 Feb 2025, 14:00 GMT
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bid validity
90 days from the deadline
Bids opened
14 Feb 2025, 12:00 GMT
Detailed submission instructions & authority contactsFrom official release

procontract.due-north.com/Advert/Index ↗

Timeline

14 Feb 2025 → 16 Apr 2025 · 3 dates
  1. Bids opened
    14 Feb 2025, 12:00 GMT
  2. Submission deadline
    14 Feb 2025, 14:00 GMT
  3. Notice published
    16 Apr 2025, 14:16 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    16 Apr 2025, 14:16 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £517,0001 contract exc. VAT
Bids received 5
Contracts signed 1latest 31 Mar 2025
Awarded toValueDateStatus
Jensten Insurance Brokers (London & SE) Limited£517,000 †—Awarded

Contracts

Bid statistics published by the authority

BidsSMEVCSEValid bid range
5bids · 5 electronic0——

Contracting authority & participating public bodies

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 ↗

Dispute resolution & review bodies

  • The High Court of JusticeReview body London

Bidders & participating suppliers

1 commercial party on the notice

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.