This public procurement record has 1 release in its history.

Tender

03 Oct 2024 at 19:05

Summary of the contracting process

Lincolnshire Housing Partnership, based in Grimsby, is seeking to procure insurance and related services, covering various non-life insurable risks. This procurement, titled "Provision of Insurance and related services to Lincolnshire Housing Partnership," belongs to the insurance services industry category and is currently in the active tender stage. Interested suppliers must submit their bids by 4th November 2024. The contract commencement date is set for 1st April 2025, with an initial term of three years and options for two additional one-year extensions. The total estimated contract value across multiple lots is £4,020,000.

This tender presents significant growth opportunities for businesses specialising in insurance, particularly SMEs. Potential suppliers, including insurance brokers and carriers, can compete for various lots, providing services from property and liability insurance to specialised coverage for cyber risks and directors’ and officers’ insurance. Companies with robust financials, substantial experience, and regulatory authorisation are well-suited for this competitive procurement process, which follows a two-stage selection method. Long-term agreements can enhance business stability and result in multiple awards for successful bidders, making this an attractive opportunity for market players in the insurance domain.

How relevant is this notice?

Notice Title

Provision of Insurance and related services to Lincolnshire Housing Partnership

Notice Description

Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Lincolnshire Housing Partnership

Lot Information

Insurance and related services for Property, legal liability and other general (non-life) insurable risks, as required by Lincolnshire Housing Partnership

A programme of General (non-life) insurance and related services for Lincolnshire Housing Partnership. The programme will require Insurance and related services for risks that may include but not be limited to: property damage and business interruption, employers, public, products and property owners liability, business combined/office, money, all risks, computer, contract works, group personal accident, professional indemnity, fidelity guarantee/crime and employment practices liability. This list is to be decided at the sole discretion of Lincolnshire Housing Partnership. This Lot excludes: Motor (See Lot 2), Cyber (See Lot 3), Terrorism Pool-Re (See Lot 4), Terrorism (Non-Pool Re) (See Lot 5) and Directors & Officers (See Lot 6) Additional information: For more information about this opportunity, please visit: https://www.delta-esourcing.com/tenders/UK-UK-Grimsby:-Insurance-services./92M6VW3BTQ

Options: Lincolnshire Housing Partnership will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: Lincolnshire Housing Partnership will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Insurance and related services for Motor Fleet Risks for Lincolnshire Housing Partnership

Insurance and related services for Motor Fleet Risks for Lincolnshire Housing Partnership. Additional information: For more information about this opportunity, please visit: https://www.delta-esourcing.com/tenders/UK-UK-Grimsby:-Insurance-services./92M6VW3BTQ

Options: Lincolnshire Housing Partnership will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: Lincolnshire Housing Partnership will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Insurance and related services associated with Cyber Risks for Linconshire Housing Partnership

Insurance and related services associated with Cyber Risks for Linconshire Housing Partnership. Additional information: For more information about this opportunity, please visit: https://www.delta-esourcing.com/tenders/UK-UK-Grimsby:-Insurance-services./92M6VW3BTQ

Options: Linconshire Housing Partnership will consider entering into Long Term Agreements with the bidder and/or the bidder's proposed Risk carriers for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: Lincolnshire Housing Partnership will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Insurance and related services associated with Terrorism Pool-Re/Political Violence for Lincolnshire Housing Partnership

Insurance and related services associated with Terrorism Pool-Re/Political Violence for Lincolnshire Housing Partnership. Additional information: For more information about this opportunity, please visit:https://www.delta-esourcing.com/tenders/UK-UK-Grimsby:-Insurance-services./92M6VW3BTQ

Options: Linconshire Housing Partnership will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: Lincolnshire Housing Partnership will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Insurance and related services associated with Terrorism Non Pool-Re/Political Violence for Lincolnshire Housing Partnership

Insurance and related services associated with Terrorism Non Pool-Re/Political Violence for Lincolnshire Housing Partnership. Additional information: For more information about this opportunity, please visit: https://www.delta-esourcing.com/tenders/UK-UK-Grimsby:-Insurance-services./92M6VW3BTQ

Options: Lincolnshire Housing Partnership will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: Lincolnshire Housing Partnership will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Insurance and related services associated with Directors & Officers covers for Lincolnshire Housing Partnership

Insurance and related services associated with Directors & Officers covers for Lincolnshire Housing Partnership. Additional information: For more information about this opportunity, please visit: https://www.delta-esourcing.com/tenders/UK-UK-Grimsby:-Insurance-services./92M6VW3BTQ

Options: Lincolnshire Housing Partnership will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Renewal: Lincolnshire Housing Partnership will consider entering into Long term agreements with the bidder and/or the risk carriers proposed by the bidder, for 3 years (or 3 periods of insurance), with the option to extend the award period by up to 2 further years (or 2 periods of insurance), subject to satisfactory service, performance and cost.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04a5a8
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/031794-2024
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

66510000 - Insurance services

66513100 - Legal expenses insurance services

66513200 - Contractor's all-risk insurance services

66514110 - Motor vehicle insurance services

66515000 - Damage or loss insurance services

66515100 - Fire insurance services

66515200 - Property insurance services

66515410 - Financial loss insurance services

66515411 - Pecuniary loss insurance services

66516000 - Liability insurance services

66516100 - Motor vehicle liability insurance services

66516400 - General liability insurance services

66516500 - Professional liability insurance services

66517300 - Risk management insurance services

66518000 - Insurance brokerage and agency services

66518300 - Insurance claims adjustment services

Notice Value(s)

Tender Value
£4,020,000 £1M-£10M
Lots Value
£4,030,000 £1M-£10M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
3 Oct 20241 years ago
Submission Deadline
4 Nov 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Apr 2025 - 31 Mar 2028 3-4 years
Recurrence
Between 3 or 5 years from the date of this Notice

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
Lincolnshire Housing Partnership
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GRIMSBY
Postcode
DN31 2LJ
Postcode Area
Doncaster
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE1 East Yorkshire and Northern Lincolnshire
Small Region (ITL 3)
TLE13 North and North East Lincolnshire
Delivery Location
Not specified

Local Authority
North East Lincolnshire
Electoral Ward
West Marsh
Westminster Constituency
Great Grimsby and Cleethorpes

Open Contracting Data Standard (OCDS)

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