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Insurance Provision

City of Lincoln

This public procurement record has 1 release in its history.

Tender

18 Jan 2022 at 16:43

Tender Notice
Summary of the contracting process

The City of Lincoln is currently conducting a tender for the provision of insurance services, titled "Insurance Provision". This procurement falls under the legal services classification and is part of the broader services category. The procurement process is at the tender stage, with a deadline for submissions set for 21 February 2022. The overall contract is valued at £2,500,000 and is anticipated to begin on 16 April 2022, lasting for a period of three years with the possibility of two one-year extensions at the buyer's discretion. Bidders are allowed to submit proposals for one or multiple lots, which encompass various insurance needs including property, casualty, motor, and cyber insurance.

This tender presents significant opportunities for businesses in the insurance sector, particularly those specialising in legal, property, and risk management services. Companies that can provide comprehensive coverage options and claims handling services may find this procurement especially appealing, as the City of Lincoln aims to fulfil an extensive array of insurance requirements. Potential bidders should also note that the competitive nature of this open procurement allows for a diverse range of businesses to participate, especially those experienced in servicing public sector clients or with a strong regional presence in the UK.

How relevant is this notice?

Notice Information

Notice Title

Insurance Provision

Notice Description

CCOL 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 that 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).

Lot Information

Property, Business Interruption, Works in Progress, All Risks & Computers

Insurance provision for Property, Business Interruption, Works in Progress, All Risks and Computers

Leasehold Property including Property Owners Liability

Insurance provision for Leasehold properties including property owners liability

Casualty

Casualty Insurance provision including liability and associated financial lines coverage

Motor Insurance

Motor Insurance provision including motor legal expenses

Property Insurance

Property Insurance provision including listed buildings, fine art and civic regalia

Cyber Insurance

Cyber Insurance provision

Crime Insurance

Crime Insurance Provision

Terrorism Insurance

Terrorism Insurance Provision

Engineering Inspections

Engineering Inspections Provision

Group Travel

Group Travel provision

Claims Handling and Legal Services

Claims Handling and Legal Services provision

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-030c80
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/001511-2022
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
Not specified
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

66510000 - Insurance services

66512000 - Accident and health insurance services

66513000 - Legal insurance and all-risk insurance services

66513100 - Legal expenses insurance services

66514110 - Motor vehicle insurance services

66515100 - Fire insurance services

66515200 - Property insurance services

66515300 - Weather and financial loss insurance services

66515410 - Financial loss insurance services

66516000 - Liability insurance services

66516400 - General liability insurance services

79100000 - Legal services

Notice Value(s)

Tender Value
£2,500,000 £1M-£10M
Lots Value
£2,162,000 £1M-£10M
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
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

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
Postcode Area
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
TLF3 Lincolnshire
Local Authority
Lincoln
Electoral Ward
Carholme
Westminster Constituency
Lincoln

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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