Insurance Policies
Estimated value
£3.6m
Awarded value
—
Suppliers
0
Lots
1
Published
15 Apr 2025
This is a preliminary market engagement notice
Map the supplier landscape and document your shortlist before opening the tender. The market simulation produces a defensible audit record you can attach to your procurement file.
Description
Southwark Council is currently planning to procure various insurance policies. The contract is likely to last a maximum of 5 years. Southwark Council are seeking to engage the market in advance of a forthcoming tender opportunity for insurance covering the principal classes of Property, Casualty and Motor and some small, ancillary covers such as personal accident and school travel. The purpose of this early market engagement is to make relevant bidders aware of the upcoming opportunity and provide some basic information in advance if required about the council, the current insurance arrangements and claims data. The tender notice will be issued on or around 7 May 2025. For more information about this opportunity, please express your interest via the procurement portal. Contract Dates: 1 October 2025 to 30 September 2028 Possible extension to 30 September 2030 Please note in section V.5 the total value is the combined annual value for the purposes of this preliminary market engagement and will be updated at the Tender Notice.
Scope
- Reference
- DN771622
- Total value
- £3,566,598 excluding VAT£3,590,194 including VATAbove the relevant threshold
- Commercial tool
- Standalone contract
- Contract dates
- 01 Oct 2025 to 30 Sept 2028Possible extension to 30 Sept 2030
The Insurance cover in all Lots is for an initial period of three (3) years with the option to extend for any period or periods up to a maximum of two (2) further years.
- Main category
- services
- CPV classifications
- 66500000
- Contract locations
- Lewisham and Southwark, United Kingdom
Award criteria
Criteria the buyer will use to evaluate bids.
| Name | Description | Type | Weighting |
|---|---|---|---|
| Cost assessment | Cost assessment Actual price 35% Financial Certainty 5% | cost | 40.00% |
| Quality assessment | Quality assessment The 60% Quality weighting for each Lot has been broken down as follows: Insurance All Lots Sub Criteria Cover 30% Service Delivery 10% Claims Handling 15% Social Value 5% | quality | 60.00% |