Awarded contract

High Value Commercial Buildings Insurance

Details

Value
GBP 1,741,044
Duration
3 years
Topic
Financial and insurance services
Published
20 March 2025

Tender description

The services contract is for high value commercial buildings insurance to provide full reinstatement cover for larger commercial buildings in borough such as shopping centres and other commercial buildings at a competitive premium. The council ran an open tender process which illustrated that the public sector insurance market does not currently have the appetite or capacity to provide full reinstatement cover for larger commercial buildings. The Contract is being awarded using the Direct Award (Urgency) process in accordance with Section 41 and Schedule 5 (Direct Award Justifications, (13 and 14)) of the Procurement Act 2023 ## Contract award Title: High Value Commercial Buildings Insurance

Timeline

  1. Completed: Award date18 March 2025
  2. Completed: Award published20 March 2025
    Current notice
  3. Next: Contract expiry date30 March 2028in 2 years

About the buyer

London Borough of Sutton is a public sector buyer in United Kingdom publishing tenders and awards on Stotles. Explore their procurement activity and find more opportunities like this one.

Relevant CPV codes

  • 66000000 · Financial and insurance services

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Decision makers

Connect with the people behind this procurement.

Contact nameJob titlePhone numberWork email
Head of Procurement+44 •••• ••••••
Commercial Director+44 •••• ••••••
Procurement Manager+44 •••• ••••••
Category Lead+44 •••• ••••••
Senior Buyer+44 •••• ••••••
Contracts Manager+44 •••• ••••••

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