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Insurance Services (Excluding Brokerage Services)

North Kesteven District Council

This public procurement record has 1 release in its history.

Award

26 Jan 2021 at 14:02

Award Notice
Summary of the contracting process

The North Kesteven District Council is currently engaged in the procurement of insurance services (excluding brokerage services), classified under the industry category of insurance services. This tender process, initiated on 26th January 2021, falls under the open procurement method and is at the award stage. Key lots within this tender include various types of insurance coverage such as property owners, operational property, casualty, motor, and cyber insurance. Each lot has specific criteria, focusing on quality (40%) and price (60%). The awards have been made with contracts now active as of 11th May 2020, with total values amounting to £500,000 for property insurance, £150,000 for operational property coverage, amongst others.

This procurement presents significant opportunities for businesses in the insurance sector, particularly those that specialise in various types of coverage such as property, casualty, and cyber insurance. Firms with capabilities to meet the quality and pricing criteria outlined in the tender will be well-positioned to compete. Given the tender's influence on a range of insurance services, it invites larger established companies along with niche players that can offer specialised coverage options to bid and expand their market presence.

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Notice Information

Notice Title

Insurance Services (Excluding Brokerage Services)

Notice Description

Insurance Services (Excluding Brokerage Services)

Lot Information

Lot 1

Property Owners (Housing & Commercial) Insurance

Options: As detailed within the ITT

Lot 2

Operational Property and Ancillary Insurance Coverage

Options: As detailed within the ITT

Lot 3

Casualty Insurance Coverage

Options: As detailed within the ITT

Lot 4

Fidelity Guarantee Insurance Coverage

Options: As detailed within the ITT

Lot 5

Motor Insurance Coverage

Options: As detailed within the ITT

Lot 6

Leasehold Property Insurance Coverage

Options: As detailed within the ITT

Lot 7

Computer Insurance Coverage

Options: As detailed within the ITT

Lot 8

Cyber Insurance Coverage

Options: As detailed in the ITT

Lot 9

Terrorism Insurance Coverage

Options: As detailed within the ITT

Lot 10

Legal Expenses Insurance Coverage

Options: As detailed within the ITT

Lot 11

Fine Art Insurance Coverage

Options: As detailed within the ITT

Lot 12

Engineering Insurance Coverage and Inspection Contract

Options: As detailed within the ITT

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-028d5f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/001545-2021
Current Stage
Award
All Stages
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

66510000 - Insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£1,397,500 £1M-£10M

Notice Dates

Publication Date
26 Jan 20215 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
11 May 20206 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active, Unsuccessful
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
North Kesteven District 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
SLEAFORD
Postcode
NG34 7EF
Postcode Area
Nottingham
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
TLF East Midlands (England)
Local Authority
North Kesteven
Electoral Ward
Sleaford Navigation
Westminster Constituency
Sleaford and North Hykeham

Supplier Information

Number of Suppliers
5
Supplier Names

Aspen Insurance UK Limited

Maven Public Sector

Protector Insurance

Zurich Insurance T/a Zurich Municipal

www.protectorinsurance.co.uk

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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