Award

Insurance Services (excluding Brokerage Services)

NORTH KESTEVEN DISTRICT COUNCIL

This public procurement record has 1 release in its history.

Award

16 May 2025 at 21:34

Summary of the contracting process

North Kesteven District Council recently completed its procurement process for a range of insurance services, excluding brokerage, spanning various categories such as property, motor, and engineering insurance. This open tender, classified under accident and health insurance services, included additional classifications like casualty and liability insurance, with a contract valued at £2,700,000. The procurement method was an open procedure, primarily targeting the services industry in England. The award was issued on 16th May 2025, following the tender period which concluded on 28th April 2025. The contract is set to run from 1st June 2025 to 31st May 2028.

This tender presents substantial opportunities for businesses specialising in insurance and related services to expand their operations. Companies capable of addressing the specific needs outlined—ranging from engineering inspection to personal accident coverage—are well-suited to compete, especially those that can offer competitive and comprehensive solutions. Large insurers, including Protector Insurance UK Ltd, Zurich Insurance, and Ark Syndicate Management Ltd, have been successful in the award, illustrating the potential for significant sector growth and networking opportunities within this lucrative market. Small and medium-sized enterprises (SMEs) with the capacity to deliver on these requirements can also find potential growth avenues through similar procurement opportunities.

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Notice Title

Insurance Services (excluding Brokerage Services)

Notice Description

Lot 1 Property and Related Covers Lot 2 Residential Leasehold Lot 3 Casualty Lot 4 Motor Lot 6 Terrorism Lot 7 Personal Accident Lot 8 Engineering Insurance Lot 9 Engineering Inspection

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-103ee084-33ab-4b0d-9538-64c3ab5c6c16
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e6efe946-44b5-42c8-b9b2-c7891662508d
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66512000 - Accident and health insurance services

66515000 - Damage or loss insurance services

66516000 - Liability insurance services

66519000 - Engineering, auxiliary, average, loss, actuarial and salvage insurance services

Notice Value(s)

Tender Value
£2,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
£2,700,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
16 May 20259 months ago
Submission Deadline
28 Apr 2025Expired
Future Notice Date
Not specified
Award Date
15 May 20259 months ago
Contract Period
31 May 2025 - 31 May 2028 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
NORTH KESTEVEN DISTRICT COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SLEAFORD
Postcode
NG34 7EF
Post Town
Nottingham
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF3 Lincolnshire
Small Region (ITL 3)
TLF30 Lincolnshire CC
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
North Kesteven
Electoral Ward
Sleaford Navigation
Westminster Constituency
Sleaford and North Hykeham

Supplier Information

Number of Suppliers
4
Supplier Names

ARK SYNDICATE MANAGEMENT LTD T/A TRAFALGAR

ASHDALE ENGINEERING

PROTECTOR INSURANCE

ZURICH INSURANCE T/A ZURICH MUNICIPAL

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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