Contract

Terrorism Insurance

  • London Borough of Sutton

F03: Contract award notice

Notice identifier: 2025/S 000-015586

Procurement identifier (OCID): ocds-h6vhtk-04cdab (view related notices)

Published 16 April 2025, 2:16pm



Section one: Contracting authority

one.1) Name and addresses

London Borough of Sutton

Civic Offices, St Nicholas Way

Sutton

SM1 1EA

Contact

Mr Steve Hoy

Email

steve.hoy@sutton.gov.uk

Telephone

+44 2087705911

Country

United Kingdom

Region code

UKI63 - Merton, Kingston upon Thames and Sutton

Internet address(es)

Main address

http://www.sutton.gov.uk/

Buyer's address

http://www.sutton.gov.uk/

one.4) Type of the contracting authority

Regional or local authority

one.5) Main activity

General public services


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Terrorism Insurance

Reference number

DN757429

two.1.2) Main CPV code

  • 66000000 - Financial and insurance services

two.1.3) Type of contract

Services

two.1.4) Short 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.

two.1.6) Information about lots

This contract is divided into lots: No

two.1.7) Total value of the procurement (excluding VAT)

Value excluding VAT: £517,000

two.2) Description

two.2.3) Place of performance

NUTS codes
  • UKI63 - Merton, Kingston upon Thames and Sutton

two.2.4) Description of the procurement

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. https://www.londontenders.org/

two.2.5) Award criteria

Quality criterion - Name: Quality / Weighting: 40

Price - Weighting: 60

two.2.11) Information about options

Options: Yes

Description of options

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.

two.2.13) Information about European Union Funds

The procurement is related to a project and/or programme financed by European Union funds: No


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Open procedure

four.1.8) Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes

four.2) Administrative information

four.2.1) Previous publication concerning this procedure

Notice number: 2025/S 000-000240


Section five. Award of contract

Contract No

DN757429

Title

Terrorism Insurance

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

31 March 2025

five.2.2) Information about tenders

Number of tenders received: 5

Number of tenders received from SMEs: 0

Number of tenders received from tenderers from other EU Member States: 0

Number of tenders received from tenderers from non-EU Member States: 0

Number of tenders received by electronic means: 5

The contract has been awarded to a group of economic operators: No

five.2.3) Name and address of the contractor

Jensten insurance brokers (London & SE) Ltd

London

Country

United Kingdom

NUTS code
  • UK - United Kingdom
The contractor is an SME

No

five.2.4) Information on value of contract/lot (excluding VAT)

Total value of the contract/lot: £517,000


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

The High Court of Justice

London

Country

United Kingdom