Tender

Insurance Provision

CITY OF LINCOLN

This public procurement record has 1 release in its history.

Tender

18 Jan 2022 at 16:46

Summary of the contracting process

The City of Lincoln is seeking to procure insurance services under the tender titled "Insurance Provision." This procurement falls within the legal services industry category and is located in Lincoln, United Kingdom. Currently in the Tender stage, this opportunity has a submission deadline set for 21 February 2022, with the contract anticipated to commence on 16 April 2022, lasting for three years, with a potential extension of up to two additional years. The minimum contract value is £2,000,000, while the total value is estimated at £2,500,000, employing an open procurement method. Interested vendors can bid for multiple lots or one packaged bid, as outlined in the tender documents.

This tender presents significant opportunities for businesses specialising in various insurance services, including property, casualty, motor vehicle, and engineering inspection services. Small and Medium-sized Enterprises (SMEs) may find this particularly relevant, as the contract is suitable for their participation, while larger organisations may also compete by offering comprehensive service packages. Companies offering expertise in liability claims handling and other ancillary insurance services will be well-placed to take advantage of this procurement process to expand their market presence and business growth in the public sector.

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Notice Title

Insurance Provision

Notice Description

COL is looking to procure its suite of insurance requirements which include property and ancillary coverage, casualty Insurance coverage including financial lines, motor vehicle Insurance coverage, terrorism, cyber and engineering inspection services along with liability claims handling services and other ancillary covers. Please note there is no requirement for Insurance Brokerage Services The service provision will be formed of the undernoted Lots as included within this notice and bidders will be permitted to bid for those any or all of those lots individually. A maximum of one packaged bid will be evaluated in accordance with the ITT and which may be made up of any combination of lots or all lots. For further details please refer to the ITT documentation. The contract period is estimated to run from 16.04.2022 for a period of 3 years with the option to extend, at COL's discretion, for a further 2 year period (1+1).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bea3821d-06d3-4600-ae44-7525060b34ad
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/08eede76-1dcb-4547-80f8-b484dbb3bd3e
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

66512100 - Accident insurance services

66513000 - Legal insurance and all-risk insurance services

66514110 - Motor vehicle insurance services

66515100 - Fire insurance services

66515200 - Property insurance services

66515410 - Financial loss insurance services

66516100 - Motor vehicle liability insurance services

66516400 - General liability insurance services

66516500 - Professional liability insurance services

66519200 - Engineering insurance services

66519310 - Insurance consultancy services

66519400 - Average adjustment services

66519500 - Loss adjustment services

66519600 - Actuarial services

66519700 - Salvage administration services

79100000 - Legal services

Notice Value(s)

Tender Value
£2,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
18 Jan 20224 years ago
Submission Deadline
21 Feb 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
15 Apr 2022 - 16 Apr 2027 Over 5 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
CITY OF LINCOLN
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
LN1 1DD
Post Town
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
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
Lincoln
Electoral Ward
Carholme
Westminster Constituency
Lincoln

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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