Award

Leicestershire County Council for and on behalf of Leicestershire Academies Insurance Scheme (LAIS)

LEICESTERSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

04 Aug 2017 at 13:09

Award Notice
Summary of the contracting process

Leicestershire County Council is conducting a public procurement process to renew insurance services for the Leicestershire Academies Insurance Scheme (LAIS). This tender, titled "Leicestershire County Council for and on behalf of Leicestershire Academies Insurance Scheme," is classified under the insurance services category (CPV code: 66510000) and is situated in the East Midlands region of the United Kingdom. The tender period has closed, having ended on 24 March 2017, with the awarded contract set to run from 1 September 2017 to 31 August 2020, including an option to extend for up to 24 months. The contract value is £7,000,000, with a minimum value of £6,000,000, and it was awarded using an open procurement method.

This contract represents a significant opportunity for both small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) to engage in public sector insurance services. Companies with expertise in providing tailored insurance solutions to educational institutions within the public sector will find this tender particularly relevant. As the contract has the potential for extension, winning this contract can provide sustained business growth and a long-term relationship with a key public sector client.

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Notice Information

Notice Title

Leicestershire County Council for and on behalf of Leicestershire Academies Insurance Scheme (LAIS)

Notice Description

The Leicestershire Academies Insurance Scheme (LAIS) was established in 2011 following the first conversions to academy status of three Leicestershire maintained local authority schools in August 2011. A contract to renew this provision for initial contract period of 3 years from 1st September 2017 to 31st August 2020 with the option to extend the contract for up to a period(s) not exceeding 24 months.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1bb3d6f5-f8c1-4f98-86fa-f0f2863c4088
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/64ab6623-7aca-42cb-bef6-42b033ecdb7c
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, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£7,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£6,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
4 Aug 20178 years ago
Submission Deadline
24 Mar 2017Expired
Future Notice Date
Not specified
Award Date
3 Aug 20178 years ago
Contract Period
31 Aug 2017 - 31 Aug 2020 3-4 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
LEICESTERSHIRE COUNTY 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
LEICESTER
Postcode
LE3 8RA
Post Town
Leicester
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF2 Leicestershire, Rutland and Northamptonshire
Small Region (ITL 3)
TLF22 Leicestershire CC and Rutland
Delivery Location
TLF East Midlands (England)
Local Authority
Blaby
Electoral Ward
Glenfield Faire
Westminster Constituency
Mid Leicestershire

Supplier Information

Number of Suppliers
1
Supplier Name

RISK MANAGEMENT PARTNERS

Further Information

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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