Award

Leicestershire Academies Insurance Scheme (LAIS)

LEICESTERSHIRE COUNTY COUNCIL

This public procurement record has 2 releases in its history.

Award

03 Jul 2020 at 08:27

Award Notice
Tender

14 Apr 2020 at 11:36

Tender Notice
Summary of the contracting process

The Leicestershire County Council is conducting a procurement process for the "Leicestershire Academies Insurance Scheme (LAIS)" to provide insurance services primarily for approximately 133 member schools across Leicestershire, Nottinghamshire, and Derbyshire. The tender, classified under financial and insurance services, was published on 14 April 2020 and has a contract value of £8 million. This open procedure tender was active until 18 May 2020 and comprises three lots: main insurance cover, commercial legal expenses, and motor insurance. The contract period is scheduled to start on 1 September 2020 and conclude on 31 August 2025.

This tender presents significant growth opportunities for insurance service providers, particularly those specialising in educational institutions. Businesses that can offer comprehensive insurance solutions tailored to the needs of primary, secondary, and special schools would be well-positioned to compete. Additionally, small and medium-sized enterprises (SMEs) may find this an attractive opportunity, as the tender process is identified as suitable for their participation.

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Notice Information

Notice Title

Leicestershire Academies Insurance Scheme (LAIS)

Notice Description

This tender is for the provision of Insurance services for Leicestershire Academies, under the Leicester Academies Insurance Scheme (LAIS). The Leicestershire County Council is seeking insurance cover for approximately 133 member schools (based on membership of the existing scheme) consisting of Primary, Secondary and Special Schools primarily within the Leicestershire county border but has also expanded in the last couple of years to include a Trust with academies located within Nottinghamshire and Derbyshire. The tender is split into 3 lots: Lot 1 (main insurance cover, including material damage, money, computers, business interruption, public liability and employers liability); Lot 2 (commercial legal expenses); Lot 3 (Motor insurance including uninsured loss recovery).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1f44d815-3496-49fd-8006-a98e812e6154
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/646eee9e-854b-48ac-ac0b-036b5e18f31c
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
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£8,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£8,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
3 Jul 20205 years ago
Submission Deadline
18 May 2020Expired
Future Notice Date
Not specified
Award Date
21 Jun 20205 years ago
Contract Period
31 Aug 2020 - 31 Aug 2025 Over 5 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

ZURICH MUNICIPAL

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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