Tender

Insurance Renewal

LEIGHTON LINSLADE TOWN COUNCIL

This public procurement record has 1 release in its history.

Tender

15 Apr 2025 at 09:02

Summary of the contracting process

Leighton Linslade Town Council has initiated a procurement process for the renewal of its insurance services, described as "Insurance Renewal." The procurement focuses on financial and insurance services within Central Bedfordshire, specifically Leighton Buzzard (postal code LU7 1HD). Currently in the tender stage, the council is seeking competitive quotations below the threshold through a limited procurement method. The tender period concludes on May 16, 2025, at 11:00 AM, with the contract set to start on June 29, 2025, and run through June 29, 2028. The estimated contract value is £66,000.

This tender represents a significant opportunity for businesses in the insurance sector to expand their portfolios through a public contract with a substantial value. It is well-suited for larger insurance companies given the high coverage amounts required for public liability, employers liability, hirers liability, and other insurance types identified in the contract description. Smaller enterprises or charitable organisations (SMEs, VCSEs) are not specifically targeted for suitability, making this a competitive prospect for established insurance providers capable of fulfilling extensive coverage needs. The council's focus on obtaining competitive quotations ensures that bids will be evaluated for both quality and cost-effectiveness.

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Notice Title

Insurance Renewal

Notice Description

Leighton-Linslade is the largest town within the unitary authority area of Central Bedfordshire. We are seeking competitive quotations for the provision of our insurance to include: Public Liability - PS15,000,000 Employers Liability - PS10,000,000 Hirers Liability - PS2,000,000 Fidelity Guarantee - PS5,000,000 Fleet Cover - PS450,000 Buildings - PS7,919,369.18 Contents Cover - PS1,956,799.81 Business Interruption - PS100,000 Officials Indemnity - PS500,000 Legal Expenses -PS250,000 Money with assault extension -PS5,000 Personal Accident - PS50,000

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2cd905da-8ea5-4d18-a6ef-62e11f27a996
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5cf7b7ed-8213-4d9e-90c5-586563733d53
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£66,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
15 Apr 202510 months ago
Submission Deadline
16 May 2025Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
28 Jun 2025 - 29 Jun 2028 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
LEIGHTON LINSLADE TOWN COUNCIL
Contact Name
Clare Cummins
Contact Email
clare.cummins@leightonlinslade-tc.gov.uk
Contact Phone
01525631927

Buyer Location

Locality
LEIGHTON BUZZARD
Postcode
LU7 1HD
Post Town
Luton
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH25 Central Bedfordshire
Delivery Location
Not specified

Local Authority
Central Bedfordshire
Electoral Ward
Leighton-Linslade North
Westminster Constituency
Dunstable and Leighton Buzzard

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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