Terrorism Insurance

Concepts

• finance and insurance
• sutton
• terrorism insurance for london borough
• terrorism insurance
• terrorism
• insurance
• london borough
• royal borough
• two years
• three years

Location

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.

Total Quantity or Scope

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/

Renewal 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.

Award Criteria

CPV Codes

• 66000000 - Financial and insurance services

Indicators

• This is a one-off contract (no recurrence)
• Renewals are available.

Other Information

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