Terrorism Insurance

London Borough of SuttoncontractContracts FinderRef LBSUT001-DN757429-66578452SME suitablecomplete
View buyer

Estimated value

£390k

Awarded value

£517k

Awarded 30 Mar 2025

Suppliers

1

Lots

1

1 awarded

Published

16 Apr 2025

Deadline 14 Feb 2025

Description

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\r two years. It is a requirement of this procurement that bidders must pay the London Living Wage to be\r considered. \r \r More information is available in the tender documents available via the London Tender Portal reference DN757429. https://www.londontenders.org/

Scope

Reference
LBSUT001-DN757429-66578452
Total value
£390,000 excluding VAT
Commercial tool
Standalone contract
Contract dates
31 Mar 2025 to 30 Mar 2028
CPV classifications
66000000
Particular suitability
Small and medium-sized enterprises (SME)

Submission & procedure

Submission deadline
14 Feb 2025, 12:00 pm

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£517k

Award date

30 Mar 2025

Contract start

31 Mar 2025

Contract end

30 Mar 2028