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PROCUREMENT OPPORTUNITY

Insurance Policies - December Renewals (Property, Business Interruption, Contract Works and Money)

The Mayor and Commonalty and Citizens of the City of London · Tender notice on Find a Tender

Tender information last checkedLast checked 1 Oct 2026, 05:03.

Opportunity overview

The City Corporation procures property insurance cover to limit the financial consequences arising out of significant damage to its assets and to meet its contractual obligations to leaseholders. The property insurance schedule consists of some 700 buildings/structures covering corporate, investment and residentail estates with a total insured value of c.£23BN. The property insurance will cover the cost of repair or replacement arising out of material damage to buildings/structures, contents, stock, and computers, and the consequential financial losses arising out of a comprehensive range of insured events. Included in the scope of the contract will be buildings/structures, contents, stock, computers, rent and business interruption values.

Classification

  • CPV66515200 — Property insurance services

Lots

  • Lot 1£99.3m

Documents and notices

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
ocds-h6vhtk-068a0b
Status
active
Procurement Method
selective
Procurement Method Details
Competitive flexible procedure
Main Procurement Category
services
Above Threshold
Yes
How to submit
Suppliers can register free of charge via the following portal: https://cityoflondon.ukp.app.jaggaer.com/ Once registered, Suppliers can access the opportunity by clicking on the following link: https://cityoflondon.ukp.app.jaggaer.com/go/33891859019E8D2AE4E9
Expression Of Interest Deadline
19 Jun 2026, 12:00
Has Recurrence
Yes

Legal basis

Id
2023/54
Scheme
UKPGA

Procedure

Is Accelerated
Yes
Accelerated Rationale
Qualifying planned procurement notice
Features
Suppliers who have expressed interest in participating in this tender will be assessed against a number of qualitative criteria and Conditions of Participation. This assessment will be undertaken on a pass/fail basis. Suppliers who successfully pass the Invitation to Participate stage will be invited to submit a tender. Upon closure of the tender stage, initial submissions will be reviewed and, where appropriate, suppliers may be invited to a negotiation stage, followed by a final best and final offer submission.

Submission terms

Electronic Submission Policy
allowed

Languages

en

Enquiry period

Ends
15 Jun 2026, 12:00

Expected award period

Ends
24 Nov 2026, 23:59

Recurrence

Dates

Entry 1
Starts
2 Jun 2031, 23:59

Lots and requirements

Entry 1
Id
1
Status
active
Has Renewal
Yes

Value

Including VAT
99,300,000
Amount
99,300,000
Currency
GBP

Award criteria

Criteria

Criterion 1
Type
quality
Name
Technical

Numbers

Entry 1
Number
50
Weight
percentageExact
Criterion 2
Type
cost
Name
Commercial

Numbers

Entry 1
Number
40
Weight
percentageExact
Criterion 3
Type
quality
Name
Responsible Procurement

Numbers

Entry 1
Number
10
Weight
percentageExact

Contract period

Starts
25 Dec 2026, 00:00
Ends
24 Dec 2029, 23:59
Max Extent Date
24 Dec 2031, 23:59

Renewal

Description
The contract may be extended by up to two years at the City’s sole discretion.

Items and delivery

Item 1
Id
1
Related Lot
1

Additional Classifications

Entry 1
Scheme
CPV
Id
66515200
Description
Property insurance services

Published documents

Entry 1
Id
conflictOfInterest
Document Type
conflictOfInterest
Description
Not published
Entry 2
Id
052286-2026
Document Type
tenderNotice
Notice Type
UK4
Description
Tender notice on Find a Tender
Published
3 Jun 2026, 12:09
Format
text/html

Buyer, suppliers and contacts

Organisation 1
Name
The Mayor and Commonalty and Citizens of the City of London
Id
GB-PPON-PYQD-1693-MYXR

Identifier

Scheme
GB-PPON
Id
PYQD-1693-MYXR

Address

Street Address
PO Box 270
Locality
City of London
Postal Code
EC2P 2EJ
Country
GB
Country Name
United Kingdom
Region
UKI43

Contact

Telephone
020 7606 3030

Roles

buyer

Details

Classifications

Entry 1
Scheme
UK_CA_TYPE
Id
publicAuthoritySubCentralGovernment
Description
Public authority - sub-central government

Recorded locations

  • Buyer location · City of London · UKI43 · EC2P 2EJ · United Kingdom

Notice and amendment history

4 published notice versions reviewed by ProcuraAxis.

4 VERSIONS
  1. 037280-2026Planned procurement notice on Find a Tender ·
  2. 043994-2026Pipeline notice on Find a Tender ·
  3. 044341-2026Preliminary market engagement notice on Find a Tender ·
  4. 052286-2026Tender notice on Find a Tender ·