Award

Lancashire Renewables Combined Liability & Specialist Motor Fleet Insurance Policies

LANCASHIRE COUNTY COUNCIL

This public procurement record has 2 releases in its history.

Award

31 Mar 2020 at 10:04

Award Notice
Tender

24 Feb 2020 at 12:39

Tender Notice
Summary of the contracting process

The procurement process is led by Lancashire County Council, which is seeking to contract annual insurance policies for Combined Liability and Specialist Motor Fleet Insurance under the title "Lancashire Renewables Combined Liability & Specialist Motor Fleet Insurance Policies". This tender falls within the insurance services industry category and is specific to the North West region of England. The procurement is currently at the Award stage, with the contract period commencing 1 April 2020 and concluding on 31 March 2023. The tender was published on 24 February 2020, and bids were accepted until 24 March 2020. The total estimated value of this procurement is £323,000, following an open procurement method that allows participation from various suppliers.

This opportunity can facilitate business growth for SMEs specialising in insurance services, particularly those with expertise in combined liability and motor fleet coverage. Given the exclusive role of JLT Speciality Ltd as the appointed broker for the authority, only qualified insurers are encouraged to participate in this tender process. Companies in the insurance sector looking to expand their service offerings or secure long-term contracts with the public sector would be well-positioned to compete in this tender.

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Notice Information

Notice Title

Lancashire Renewables Combined Liability & Specialist Motor Fleet Insurance Policies

Notice Description

This tender is for the provision of annual insurance policies for Combined Liability Insurance and Specialist Motor Fleet for the Lancashire Renewables sites. Cover will be for a period of 12 months with the option to provide cover for 2 x subsequent 12 month periods on a price renewal basis for a maximum total contract duration of 36 months. JLT Speciality Ltd has the sole appointment as insurance brokers to the Authority for the LR portfolio to prepare the ITT document for any LR insurance policies required. Brokers dealing with insurance are not invited to submit bids. Any bids from insurance brokers or organisations the Authority deem to be brokers will be disqualified from the Tender.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-191bc4e5-65f1-4dca-933c-37ed8a6ac8ef
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f55c73be-3e4e-4868-8f0c-1189baf2dca4
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£323,000 £100K-£500K
Lots Value
Not specified
Awards Value
£700,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
31 Mar 20205 years ago
Submission Deadline
24 Mar 2020Expired
Future Notice Date
Not specified
Award Date
27 Mar 20205 years ago
Contract Period
31 Mar 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
LANCASHIRE COUNTY COUNCIL
Contact Name
Rachel Jennings
Contact Email
corporatecontracts@lancashire.gov.uk
Contact Phone
01772 535026

Buyer Location

Locality
PRESTON
Postcode
PR1 8XJ
Post Town
Preston
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD4 Lancashire
Small Region (ITL 3)
TLD45 Mid Lancashire
Delivery Location
TLD North West (England)
Local Authority
Preston
Electoral Ward
City Centre
Westminster Constituency
Preston

Supplier Information

Number of Suppliers
1
Supplier Name

AVIVA INSURANCE SERVICES

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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