This public procurement record has 1 release in its history.

Award

21 Apr 2018 at 01:30

Summary of the contracting process

The Police and Crime Commissioner for Lincolnshire is conducting a procurement process for insurance services (excluding broking services) under an open tender procedure. This contracting opportunity is structured into five lots and encompasses various types of insurance, including Employers Liability and Professional Indemnity. The contract period is set to begin on 1st April 2018 and will last until 31st March 2021, with the possibility of two 12-month extensions. Interested suppliers were required to submit their proposals by 19th February 2018, with an estimated contract value of £1,350,000.

This tender presents significant opportunities for businesses in the insurance sector, particularly those specialising in Employers Liability, Professional Indemnity, and other related insurance services. Small and medium-sized enterprises (SMEs) are encouraged to participate, as the procurement process accommodates a diverse range of suppliers, allowing for healthy competition. Businesses that can offer tailored insurance solutions and demonstrate expertise in the specified areas will be well-positioned to secure contracts and expand their market presence.

How relevant is this notice?

Notice Title

Insurance Services (Excluding Broking Services)

Notice Description

The Police and Crime Commissioner for Lincolnshire (PCC) is looking to appoint a contractor for the provision of insurance services (excluding broking services). It is envisaged that the initial Contract Term shall be for an annual contract under a three year Long Term Agreement from 1st April 2018 with two options to extend for a period of 12 months each at the sole discretion of the PCC. This procurement process will be run under the EU Open procedure in accordance with the Public Contract Regulations 2015 and will be divided into five lots: Lot 1 - Employers Liability Lot 2 - Public, Products, Pollution Liability, Officials Indemnity, Libel Lot 3 - Professional Indemnity Lot 4 - Motor Fleet Lot 5 - Fidelity Guarantee.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4bdb1017-b729-4df4-9834-b8c3d2bb67a3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/dc73818a-238b-4d1e-aea1-e37eda11e59c
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
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66500000 - Insurance and pension services

66510000 - Insurance services

66514110 - Motor vehicle insurance services

66516000 - Liability insurance services

66516100 - Motor vehicle liability insurance services

66516200 - Aircraft liability insurance services

66516400 - General liability insurance services

66516500 - Professional liability insurance services

Notice Value(s)

Tender Value
£1,350,000 £1M-£10M
Lots Value
Not specified
Awards Value
£919,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
21 Apr 20188 years ago
Submission Deadline
19 Feb 2018Expired
Future Notice Date
Not specified
Award Date
27 Mar 20188 years ago
Contract Period
1 Apr 2018 - 31 Mar 2021 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
The Police & Crime Commissioner for Lincolnshire
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LINCOLN
Postcode
LN2 2LT
Postcode Area
Lincoln
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF3 Lincolnshire
Small Region (ITL 3)
TLF30 Lincolnshire CC
Delivery Location
TLF East Midlands (England)

Local Authority
West Lindsey
Electoral Ward
Nettleham
Westminster Constituency
Gainsborough

Supplier Information

Number of Suppliers
1
Supplier Name

Risk Management Partners Ltd

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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