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The Provision of Leasehold/ Mortgage Properties Insurance Services for North Northamptonshire and West Northamptonshire Unitary Councils

LGSS

This public procurement record has 1 release in its history.

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31 Mar 2021 at 11:38

Award Notice
Summary of the contracting process

The procurement process involves the provision of Leasehold and Mortgage Properties Insurance Services for North Northamptonshire and West Northamptonshire Unitary Councils, managed by LGSS. This initiative is currently in the award stage, following the completion of the tendering process. The contract commenced on 1st April 2021, with an initial duration of 36 months and an option to extend for a further 24 months. The procurement method used was an open procedure, and the relevant industry category falls under property insurance services.

This tender presents a significant opportunity for businesses specialising in insurance services, particularly those with expertise in leasehold and mortgage products. Companies capable of delivering high-quality insurance solutions with competitive pricing would be well-suited to apply, especially those already serving public sector clients. Engaging with this contract could lead to substantial growth, given the long-term nature of the agreement and the potential for future extensions.

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Notice Information

Notice Title

The Provision of Leasehold/ Mortgage Properties Insurance Services for North Northamptonshire and West Northamptonshire Unitary Councils

Notice Description

Daventry District Council wishes to announce the outcome of its tendering exercise for the Provision of the North Northamptonshire Council and West Northamptonshire Councils Leasehold and Mortgage Properties Insurance Services. The Contract will commence from 1st April 2021 . The contract duration will initially be for 36 months with the option to extend for an additional 24 months (3+1+1).

Lot Information

The Provision of the North Northamptonshire Council Leasehold / Mortgage Properties Insurance Services

Daventry District Council: Provision of the North Northamptonshire Council Leasehold/ Mortgage Properties Insurance Services Lot No: 1

Options: Option to extend for up to 24 months in 12 months Instalments.

The Provision of the West Northamptonshire Council Leasehold / Mortgage Properties Insurance Services

Daventry District Council: Provision of the West Northamptonshire Council Leasehold/ Mortgage Properties Insurance Services Lot No: 2

Options: Option to extend for up to 24 months in 12 months Instalments.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02a14e
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/006621-2021
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

66515200 - Property insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£980,566 £500K-£1M

Notice Dates

Publication Date
31 Mar 20215 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
30 Mar 20215 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
LGSS
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NORTHAMPTON
Postcode
NN1 1ED
Postcode Area
Northampton
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF2 Leicestershire, Rutland and Northamptonshire
Small Region (ITL 3)
TLF24 West Northamptonshire
Delivery Location
TLF24 West Northamptonshire, TLF25 North Northamptonshire
Local Authority
West Northamptonshire
Electoral Ward
Castle
Westminster Constituency
Northampton North

Supplier Information

Number of Suppliers
2
Supplier Names

Ocaso Insurance

Zurich Municipal

Further Information

Open Contracting Data Standard (OCDS)

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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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