Award

LPS CORP - Lancashire Renewables Specialist Motor Fleet Insurance Policy - RFQ 15282217

LANCASHIRE COUNTY COUNCIL

This public procurement record has 2 releases in its history.

Award

17 May 2021 at 08:58

Award Notice
Tender

13 Apr 2021 at 14:28

Tender Notice
Summary of the contracting process

The procurement process is initiated by Lancashire County Council, seeking bids for the "LPS CORP - Lancashire Renewables Specialist Motor Fleet Insurance Policy - RFQ 15282217". This tender, classified under insurance services, is located in the North West region of the United Kingdom. The open procurement method allows for competitive bids until the tender period concludes on 14 May 2021. The contract is valued at £400,000, with provisions for a standard contract duration of 12 months, extendable for two additional years, beginning on 1 June 2021 and concluding on 31 May 2023.

This tender presents significant opportunities for insurance providers, particularly small and medium-sized enterprises (SMEs) specialising in motor fleet insurance. With the open procedure being accessible to various suppliers, businesses with expertise in insurance and a focus on environmentally conscious fleet operations will be particularly well-suited to compete. The involvement of JLT Speciality Ltd as chief broker suggests potential for collaboration while also highlighting that bids from brokers are not permitted, allowing non-broker organisations a fair chance in securing this contract.

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Notice Information

Notice Title

LPS CORP - Lancashire Renewables Specialist Motor Fleet Insurance Policy - RFQ 15282217

Notice Description

This tender is for the provision of an annual insurance policy for 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-b5fd17-22fea628-6ba5-40ab-b98a-77cc5fccb0b1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9a364740-801f-486c-95b6-147b36e8e309
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 (above threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£400,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
17 May 20214 years ago
Submission Deadline
14 May 2021Expired
Future Notice Date
Not specified
Award Date
17 May 20214 years ago
Contract Period
31 May 2021 - 31 May 2023 1-2 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
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

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

NO AWARD

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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