Award

Insurance for Lincolnshire County Council (including Lincolnshire Fire and Rescue Service)

LINCOLNSHIRE COUNTY COUNCIL

This public procurement record has 2 releases in its history.

Award

10 May 2023 at 09:32

Award Notice
Tender

16 Dec 2022 at 15:15

Tender Notice
Summary of the contracting process

The Lincolnshire County Council has awarded a contract for Insurance services to Protector Forsikring ASA, Risk Management Partners Ltd., and Maven Public Sector. The contract, valued at £7,798,268.85 GBP, began on 1st April 2023 and will expire on 31st March 2026, with the possibility of extension until 31st March 2028. The procurement method used was an open procedure, and the tender period ended on 27th January 2023. The Council is located in Lincoln, England, and the industry category is Insurance services.

This tender for Insurance services by Lincolnshire County Council offers opportunities for small and medium-sized enterprises (SMEs) and other businesses suited to the service industry to compete. The contract duration of potentially up to five years provides a stable revenue stream for successful bidders. Businesses that specialize in insurance services and have the capacity to meet the Council's requirements would be well-positioned to benefit from this tender. By engaging with the Council, businesses can establish long-term agreements and contribute to the sustainable commissioning and claims handling needs of Lincolnshire County Council and its Fire and Rescue Service.

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Notice Information

Notice Title

Insurance for Lincolnshire County Council (including Lincolnshire Fire and Rescue Service)

Notice Description

The service which is being procured as part of this Procurement is the long term agreements of Insurance for Lincolnshire County Council (including Lincolnshire Fire and Rescue). The Council's requirement is made up of; general underwriting, sustainable commissioning and claims handling and is broken down into 9 lots. Please note that the lotting structure is the same as the advertised PIN however, the Council have decided to remove some lots from this tender and these will be tendered separately at a later time. Further detail is provided in the ITT documents. The Contract will run for a period of three (3) years commencing 1st April 2023, automatically expiring 31st March 2026. There will be an option for the Council to extend the Contract by one period of two (2) years. The ultimate expiry date will be 31st March 2028 if the extension period is taken.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d88cdfa5-a00c-4844-84db-7d1ee3f6f130
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6cb30c85-6fb5-4d7b-9bfe-b77754af9699
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
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£11,250,522 £10M-£100M
Lots Value
Not specified
Awards Value
£7,798,268 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
10 May 20232 years ago
Submission Deadline
27 Jan 2023Expired
Future Notice Date
Not specified
Award Date
30 Mar 20232 years ago
Contract Period
31 Mar 2023 - 31 Mar 2026 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
LINCOLNSHIRE COUNTY COUNCIL
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 1YL
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

Supplier Information

Number of Suppliers
3
Supplier Names

MAVEN PUBLIC SECTOR

PROTECTOR FORSIKRING

RISK MANAGEMENT PARTNERS

Further Information

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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