Award

GRLOL Property Insurance

LANCASHIRE COUNTY COUNCIL

This public procurement record has 2 releases in its history.

Award

04 Aug 2017 at 13:50

Award Notice
Tender

07 Apr 2017 at 10:28

Tender Notice
Summary of the contracting process

The procurement process involves Lancashire County Council seeking tenders for the GRLOL Property Insurance contract, specifically designed for the Global Renewables Lancashire Operations Limited (GRLOL). The tender period ended on 16th May 2017, with the contract set to commence on 1st July 2017 and run until 30th June 2018, including an option for a three-year extension. This active tender falls under the insurance services category, with a total value of £1,000,000. The expected service level includes maintaining a high standard of core coverage for material damage and business interruption in the North West region of the United Kingdom.

This tender represents a significant opportunity for businesses in the insurance sector, particularly those specialising in property insurance, risk management, and business interruption coverage. Companies capable of offering robust insurance solutions that meet the detailed specifications set forth by Lancashire County Council may find this procurement process advantageous. Additionally, firms that emphasise quality and customer service can stand to benefit, making this an ideal tender for mid to large-scale insurance providers looking to expand their portfolio with local government contracts.

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Notice Information

Notice Title

GRLOL Property Insurance

Notice Description

Tenders are invited for the insurance of the Global Renewables Lancashire Operations Limited (GRLOL) Property (material damage and business interruption) as detailed in this tender for the period commencing the 1st July 2017. JLT Speciality Ltd has the sole appointment as insurance brokers to Lancashire County Council for the GRLOL sites and services and have worked in conjunction with LCC on the preparation of this ITT. Tenders are invited to offer terms for the provision of insurance cover based on the specification outlined in this tender. The service is expected to maintain a high standard of core cover and also offers providers the change to demonstrate the quality of their offerings. Additional information: Please note the contract end date is 30/06/2018 with the option to extend for up to 3 years.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ddef9184-159e-4eb2-a444-99193112d6b4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/da9ba544-fba1-4bbb-b483-7ef034e69673
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
Not applicable
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

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

Notice Dates

Publication Date
4 Aug 20178 years ago
Submission Deadline
16 May 2017Expired
Future Notice Date
Not specified
Award Date
31 Jul 20178 years ago
Contract Period
1 Aug 2017 - 3 Aug 2017 30 days
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
LANCASHIRE 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
PRESTON
Postcode
PR1 8XJ
Post Town
Preston
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD4 Lancashire
Small Region (ITL 3)
TLD45 Mid Lancashire
Delivery Location
TLD North West (England)
Local Authority
Preston
Electoral Ward
City Centre
Westminster Constituency
Preston

Supplier Information

Number of Suppliers
1
Supplier Name

DUPLICATE DELETED

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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