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Insurance Services (excluding brokerage services) Lots 1, 2 and 3

The Police and Crime Commissioner for Lincolnshire

This public procurement record has 1 release in its history.

Award

01 Apr 2020 at 10:34

Award Notice
Summary of the contracting process

The Police and Crime Commissioner for Lincolnshire has conducted a public procurement process to acquire insurance services, titled "Insurance Services (excluding brokerage services) Lots 1, 2 and 3." This procurement falls under the life insurance services category and was executed through a selective procurement method via a mini-competition under framework reference YPO 000978. The contract period commenced on 1st April 2020 and will run until 31st March 2023, with two optional 12-month extensions. The tender process concluded on 7th February 2020, with an award notice published on 1st April 2020 detailing a contract value of £248,000 for all lots awarded.

This tender represents significant opportunities for businesses specialising in insurance services, particularly those able to provide comprehensive coverage in material damage, contract works, and personal accident and travel. Small and medium-sized enterprises (SMEs) are encouraged to participate, given the tender's suitability criteria. Businesses in the insurance sector that can fulfil the specified requirements are well-positioned to leverage this contract for growth, potentially expanding their portfolio and client base by catering to the needs of public sector entities.

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Notice Information

Notice Title

Insurance Services (excluding brokerage services) Lots 1, 2 and 3

Notice Description

Insurance services via mini-competition process under YPO framework ref: 000978. Divided into three Lots: Lot 1 - Material Damage, Business Interruption and Money Lot 2 - Contract Works Lot 3 - Personal Accident and Travel. Initial contract period will be 01/04/20 to 31/03/23 with two optional 12 month extensions.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-16132bde-7310-4f90-b6af-788addf1f2f0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/88d32a93-491c-4ade-a10d-abefc31d607f
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66511000 - Life insurance services

Notice Value(s)

Tender Value
£255,000 £100K-£500K
Lots Value
Not specified
Awards Value
£248,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
1 Apr 20206 years ago
Submission Deadline
7 Feb 2020Expired
Future Notice Date
Not specified
Award Date
30 Mar 20206 years ago
Contract Period
1 Apr 2020 - 31 Mar 2023 2-3 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
The Police and Crime Commissioner for Lincolnshire
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LINCOLN
Postcode
LN5 7PH
Postcode Area
Lincoln
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
TLF East Midlands (England)
Local Authority
Lincoln
Electoral Ward
Boultham
Westminster Constituency
Lincoln

Supplier Information

Number of Suppliers
1
Supplier Name

Risk Management Partners

Further Information

Notice Documents

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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