Catastrophe Lawyer procurement

A Tender Notice
by FLOOD RE LIMITED

Source
Find a Tender
Type
Contract (Services)
Duration
0.5 year
Value
___
Sector
BUSINESS
Published
06 Aug 2024
Delivery
To 01 Mar 2025 (est.)
Deadline
02 Sep 2024 10:59

Concepts

Location

London:

Geochart for 1 buyers and 0 suppliers

1 buyer

Description

Flood Re to seek provision for external legal services to advise on and support the issuance of an indemnity trigger catastrophe bond (the "Cat Bond") as part of a wider re-procurement of its outwards reinsurance programme to be effective from 1 April 2025. It is likely that Flood Re will consider the issuance of such a bond at least every three years thereafter and has a preference for long term supplier relationships however, that longer term opportunity does not form part of this ITT

Renewal Options

The contract duration will be for the period of approximately six months, up to and including the successful issuance of the bond, to be effective in March 2025. Alternatively, if the Company not does not proceed to issue the Bond, it will be up to the end of October 2024 (being approximately six weeks).

Award Criteria

Technical 55
Social 5
price 40

CPV Codes

  • 79212200 - Internal audit services

Indicators

  • This is a one-off contract (no recurrence)
  • Options are available.
  • Renewals are not available.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

Domains