High Value Commercial Buildings Insurance
Details
- Supplier(s)
- CHUBB European Group Limited
- Value
- £1,741,044
- Duration
- 3 years
- Topic
- Financial and insurance services
- Published
- 20 March 2025
- Source
- uk:find_a_tender
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
- Completed: Award date18 March 2025
- Completed: Award published20 March 2025Current notice
- Next: Contract expiry date30 March 2028in 17 months
About the buyer
The London Borough of Sutton is a local authority. Common goods and services are bought through national and regional consortia framework agreements in the interests of efficiency and economy. Buying follows the council's Procurement Strategy 2023 to 2027 and its Social Value Strategy.
Over the past 5 years, most of London Borough of Sutton's contract awards have been in transport services, construction work and health and social work.
Decision makers
Connect with the people behind this procurement.
| Contact name | Job title | Phone number | Work email |
|---|---|---|---|
| Head of Procurement | +44 •••• •••••• | ••••••••@london-borough-of-sutton.gov | |
| Commercial Director | +44 •••• •••••• | ••••••••@london-borough-of-sutton.gov | |
| Procurement Manager | +44 •••• •••••• | ••••••••@london-borough-of-sutton.gov | |
| Category Lead | +44 •••• •••••• | ••••••••@london-borough-of-sutton.gov | |
| Senior Buyer | +44 •••• •••••• | ••••••••@london-borough-of-sutton.gov | |
| Contracts Manager | +44 •••• •••••• | ••••••••@london-borough-of-sutton.gov |
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