Award

AT1103 - Insurance Services

LUTON COUNCIL

This public procurement record has 3 releases in its history.

Award

28 Jun 2022 at 08:35

Tender

22 Mar 2022 at 11:48

Tender

22 Mar 2022 at 10:21

Summary of the contracting process

Luton Council is procuring insurance services through an open tender process titled "AT1103 - Insurance Services." This procurement falls under the financial and insurance services industry category, with a total contract value of £7,400,000. The tender period concluded on 29 April 2022, and the contract is scheduled to commence from 1 July 2022 and run until 30 June 2027. The buying organisation is located at Town Hall, George Street, Luton, LU1 2BQ, United Kingdom.

This opportunity presents significant growth potential for businesses specialising in insurance services. Given the scope, successful suppliers may be involved in providing comprehensive coverage, including property, liability, and various motor-related insurances. Purveyors of insurance products and services, particularly those with a focus on municipal contracts, will find this tender well-suited to their capabilities, especially larger firms with the resource capacity to manage contracts of this scale.

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Notice Title

AT1103 - Insurance Services

Notice Description

Luton council wishes to go to market for LBC insurance policies to cover Property, Liability, Liability Claims Handling, Fidelity Guarantee, Motor Fleet, Motor ULR & Motor Legal Expenses, Engineering Insurance & Inspection, Group Personal Accident & Travel, Commercial Property and Fine Art.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9fba96ea-20c1-412e-8f8e-8a416e2d64ae
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c95f41b2-0d61-4ac6-842a-834c473b8d78
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
Not specified
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
£7,400,000 £1M-£10M
Lots Value
Not specified
Awards Value
£6,100,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
28 Jun 20223 years ago
Submission Deadline
29 Apr 2022Expired
Future Notice Date
Not specified
Award Date
27 Jun 20223 years ago
Contract Period
30 Jun 2022 - 30 Jun 2027 Over 5 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
LUTON COUNCIL
Contact Name
Damon Pickard
Contact Email
damon.pickard@luton.gov.uk
Contact Phone
+44 1582546680

Buyer Location

Locality
LUTON
Postcode
LU1 2BQ
Post Town
Luton
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH21 Luton
Delivery Location
Not specified

Local Authority
Luton
Electoral Ward
Central
Westminster Constituency
Luton South and South Bedfordshire

Supplier Information

Number of Suppliers
2
Supplier Names

MAVEN PUBLIC SECTOR

ZURICH MUNICIPAL

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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