Tender

Dynamic Purchasing System: Provision of Insurance Services

LOCAL GOVERNMENT MUTUAL LIMITED ACTING THROUGH LGM MANAGEMENT SERVICES LIMITED

This public procurement record has 1 release in its history.

Tender

13 Dec 2018 at 12:13

Summary of the contracting process

The Local Government Mutual Limited, acting through LGM Management Services Limited, is currently initiating a Dynamic Purchasing System for the provision of insurance services. This procurement falls under the financial and insurance services category and has a total estimated value of £20 million. The tender period will close on 15th January 2019, while the service contract is set to commence on 1st February 2019 and run until 31st January 2020. Eligible insurance capacity providers worldwide can participate in this selective procurement, which is designated as a restricted procedure.

This tender presents a significant opportunity for businesses in the insurance sector, particularly smaller enterprises and voluntary/community social enterprises. Companies that can provide innovative insurance solutions and are compliant with the provisions required by the Local Government Association will find this procurement process advantageous. Participation in this Dynamic Purchasing System could enhance market visibility and foster growth through expanded customer relationships with local government entities and their members.

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Notice Title

Dynamic Purchasing System: Provision of Insurance Services

Notice Description

The Local Government Mutual Limited ("LGM") is a Discretionary Mutual. This procurement is to establish a DPS for the provision of insurance coverage to the LGA and LGA members. Membership is restricted to the LGA and LGA members. LGM has been created to provide its members with an alternative route to purchase their insurance requirements. This procurement will be open to all eligible insurance capacity providers. Insurance brokerage and other associated services will not form part of any procurement process.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7e645796-721d-400d-a37b-9282106c5705
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/50bdc12e-6a0b-4f9f-b936-d43edd210d88
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
SME, VCSE
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
£20,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
13 Dec 20187 years ago
Submission Deadline
15 Jan 2019Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Feb 2019 - 31 Jan 2020 6-12 months
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
LOCAL GOVERNMENT MUTUAL LIMITED ACTING THROUGH LGM MANAGEMENT SERVICES LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SE1 3JB
Post Town
South East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
Not specified

Local Authority
Southwark
Electoral Ward
London Bridge & West Bermondsey
Westminster Constituency
Bermondsey and Old Southwark

Further Information

Notice Documents

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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