Insurance services
Estimated value
£2.7m
Awarded value
£753k
Suppliers
1
Lots
1
Published
11 Mar 2021
Description
The Bank of England is seeking to procure its annual insurances. The following types of insurance are required: Property Damage / Business Interruption, Employer's Liability and Public Liability, Fine Art, Construction, Motor, Personal Accident and Travel. Details relating to each of the risks to be insured are detailed in the tender documents. Cover is required from 1st March 2021. Please note that the supplier information day will take place on Wednesday 2nd December 2020 at 10.30am. Full details are included in the tender documents. The contract term is an initial term of one year, with two possible one-year extensions (total possible term of three years).
Scope
- Reference
- BOE001-DN506315-37451887
- Total value
- £2,700,000 excluding VAT
- Commercial tool
- Standalone contract
- Contract dates
- 01 Mar 2021 to 29 Feb 2024
- CPV classifications
- 66510000
- Particular suitability
- Small and medium-sized enterprises (SME)
Submission & procedure
- Submission deadline
- 21 Dec 2020, 12:00 pm
Award details
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
£753k
Award date
05 Feb 2021
Contract start
01 Mar 2021
Contract end
29 Feb 2024