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AT1103 - Insurance Services

Luton Council

This public procurement record has 2 releases in its history.

Award

28 Jun 2022 at 09:28

Award Notice
Tender

22 Mar 2022 at 10:20

Tender Notice
Summary of the contracting process

Luton Council is currently seeking tenders for "AT1103 - Insurance Services", which is categorized under financial and insurance services. This procurement process is in the active tender stage, with a submission deadline on 29th April 2022. The contracts will cover various types of insurance, including property, liability, and motor fleet insurance, with a total budget of £7,400,000. The contract period for awarded services is expected to start on 1st July 2022 and can extend for up to 7 years, subject to certain conditions. All tender submissions must be made electronically.

This tender presents significant opportunities for organisations in the insurance sector and related service providers, such as insurance brokers and claims management firms. Companies with expertise in property, motor fleet, and engineering insurance, as well as those able to offer competitive pricing and high-quality services, would be well-positioned to compete effectively for this substantial public contract. Engaging in the tendering process could enhance business prospects and foster long-term relationships with a regional authority committed to comprehensive insurance solutions.

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Notice Information

Notice Title

AT1103 - Insurance Services

Notice Description

LBC insurance policies to cover Property, Liability, Liability Claims Handling, Fidelity Guarantee, Motor Fleet, Motor ULR & Motor Legal Expenses, Engineering Insurance & Inspection, Group Personal Accident & Travel, Commercial Property and Fine Art.

Lot Information

Property / Material Damage

Lot 1 - Property / Material Damage / Business Interruption

Combined Liability and Fidelity Guarantee / Crime

Lot 2 - Combined Liability and Fidelity Guarantee / Crime

Motor Fleet

Lot 3 - Motor Fleet Insurance

Engineering Insurance & Inspection

Lot 4 - Engineering Inspection and Insurance

Group Personal Accident and Travel Insurance

Lot 5 - Group Personal Accident and Travel Insurance

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03248c
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/017579-2022
Current Stage
Award
All Stages
Tender, Award

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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£7,400,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£6,048,000 £1M-£10M

Notice Dates

Publication Date
28 Jun 20224 years ago
Submission Deadline
29 Apr 2022Expired
Future Notice Date
Not specified
Award Date
28 Jun 20224 years ago
Contract Period
1 Jul 2022 - 30 Jun 2027 Over 5 years
Recurrence
In 5 years subject to whether extensions are activated which could increase this to 7 years

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Luton 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
LUTON
Postcode
LU1 2BQ
Postcode Area
Luton
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH21 Luton
Delivery Location
Not specified
Local Authority
Luton
Electoral Ward
Central
Westminster Constituency
Luton South and South Bedfordshire

Supplier Information

Number of Suppliers
2
Supplier Names

Maven Public Sector

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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