High Value Commercial Buildings Insurance

{
  "awards": [
    {
      "id": "1",
      "items": [
        {
          "additionalClassifications": [
            {
              "description": "Financial and insurance services",
              "id": "66000000",
              "scheme": "CPV"
            }
          ],
          "deliveryAddresses": [
            {
              "country": "GB",
              "countryName": "United Kingdom",
              "region": "UKI63"
            }
          ],
          "id": "1",
          "relatedLot": "1"
        }
      ],
      "mainProcurementCategory": "services",
      "relatedLots": [
        "1"
      ],
      "status": "active",
      "suppliers": [
        {
          "id": "GB-COH-FC038001",
          "name": "CHUBB EUROPEAN GROUP LTD"
        }
      ]
    }
  ],
  "buyer": {
    "id": "GB-PPON-PJMC-1445-VCVG",
    "name": "London Borough of Sutton"
  },
  "contracts": [
    {
      "aboveThreshold": true,
      "awardID": "1",
      "dateSigned": "2025-04-01T00:00:00+01:00",
      "documents": [
        {
          "datePublished": "2025-05-06T13:51:21+01:00",
          "description": "Contract details notice on Find a Tender",
          "documentType": "contractNotice",
          "format": "text/html",
          "id": "019103-2025",
          "noticeType": "UK7",
          "url": "https://www.find-tender.service.gov.uk/Notice/019103-2025"
        }
      ],
      "id": "1",
      "noAgreedMetricsRationale": "The procurement is based on insurance cover.",
      "period": {
        "endDate": "2028-03-30T23:59:59+01:00",
        "startDate": "2025-04-01T00:00:00+01:00"
      },
      "status": "active",
      "title": "High Value Commercial Buildings Insurance",
      "value": {
        "amount": 1741044,
        "amountGross": 1741044,
        "currency": "GBP"
      }
    }
  ],
  "date": "2025-05-06T13:51:21+01:00",
  "id": "019103-2025",
  "initiationType": "tender",
  "language": "en",
  "ocid": "ocds-h6vhtk-04efa3",
  "parties": [
    {
      "address": {
        "country": "GB",
        "countryName": "United Kingdom",
        "locality": "Sutton",
        "postalCode": "SM1 1EA",
        "region": "UKI63",
        "streetAddress": "Civic Offices, St Nicholas Way"
      },
      "contactPoint": {
        "email": "commercial.procurement@sutton.gov.uk"
      },
      "details": {
        "classifications": [
          {
            "description": "Public authority - sub-central government",
            "id": "publicAuthoritySubCentralGovernment",
            "scheme": "UK_CA_TYPE"
          }
        ],
        "url": "https://www.sutton.gov.uk/"
      },
      "id": "GB-PPON-PJMC-1445-VCVG",
      "identifier": {
        "id": "PJMC-1445-VCVG",
        "scheme": "GB-PPON"
      },
      "name": "London Borough of Sutton",
      "roles": [
        "buyer"
      ]
    },
    {
      "address": {
        "country": "FR",
        "countryName": "France",
        "locality": "London",
        "postalCode": "EC3A 2BJ",
        "region": "FR",
        "streetAddress": "40 Leadenhall Street"
      },
      "contactPoint": {
        "email": "richard.clark@chubb.com"
      },
      "details": {
        "publicServiceMissionOrganization": false,
        "scale": "large",
        "shelteredWorkshop": false,
        "vcse": false
      },
      "id": "GB-COH-FC038001",
      "identifier": {
        "id": "FC038001",
        "scheme": "GB-COH"
      },
      "name": "CHUBB EUROPEAN GROUP LTD",
      "roles": [
        "supplier"
      ]
    }
  ],
  "tag": [
    "award",
    "contract"
  ],
  "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.\nThe 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.\nThe 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\n2023",
    "documents": [
      {
        "description": "Not published",
        "documentType": "conflictOfInterest",
        "id": "conflictOfInterest"
      }
    ],
    "id": "DN7680",
    "legalBasis": {
      "id": "2023/54",
      "scheme": "UKPGA",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
    },
    "lots": [
      {
        "id": "1",
        "status": "complete"
      }
    ],
    "procurementMethod": "direct",
    "procurementMethodDetails": "Direct award",
    "procurementMethodRationale": "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.\nThe 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\n13 Where-\n(a)the goods, services or works to be supplied under the public contract are strictly necessary for reasons of extreme and unavoidable urgency, and\n(b)as a result the public contract cannot be awarded on the basis of a competitive tendering procedure.\n14 For the purpose of paragraph 13, urgency is unavoidable if it-\n(a)is not attributable to any act or omission of the contracting authority, and\n(b)could not have been foreseen by the contracting authority.\nThe value of the contract is \u00a31,741,044 .\nIt is essential that high value commercial buildings insurance is in place to provide full reinstatement cover for larger commercial buildings in borough such as shopping centres and other commercial buildings at a competitive premium.\nThe council ran an open tender process which began on 7 October 2024 with publication of an FTS notice.  No suitable bids were received for Lot 2 Commercial Property Insurance for the London Borough of Sutton, 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.",
    "procurementMethodRationaleClassifications": [
      {
        "id": "urgency"
      }
    ],
    "status": "complete",
    "title": "High Value Commercial Buildings Insurance"
  }
}