Tender

Insurance Services (excluding Brokerage Services)

NORTH KESTEVEN DISTRICT COUNCIL

This public procurement record has 2 releases in its history.

Tender

20 Mar 2025 at 13:20

Planning

26 Feb 2025 at 13:55

Summary of the contracting process

The buying organisation, North Kesteven District Council, is seeking to procure insurance services excluding brokerage services. This tender falls under the insurance services industry category (CPV 66510000) and covers several lots including property and related covers, residential leasehold, casualty and related covers, motor, fine art, terrorism, personal accident, engineering insurance, and engineering inspection. The procurement process is currently at the tender stage, with the submission deadline set for 18 April 2025 at 17:00. The total value of the contract is estimated at GBP 2,500,000, and the service location is UKF3 - North Kesteven. Services are expected to commence from 1 June 2025, and there is a possibility of entering long-term agreements with terms of three years, extendable by up to two additional years based on performance and cost satisfaction.

This tender represents significant opportunities for businesses involved in comprehensive insurance service provision, particularly those specialising in various insurance types such as property, liability, motor, fine art, terrorism, personal accident, and engineering. The procurement method is open, allowing broad participation. Businesses with expertise in providing insurance solutions and a proven track record of service quality and cost-efficiency will be well-suited to compete for this tender. Long-term contracts up to five years offer a stable revenue stream, encouraging companies to invest in tailoring competitive and high-quality solutions to meet the diverse insurance needs of a local authority like North Kesteven District Council.

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Notice Title

Insurance Services (excluding Brokerage Services)

Notice Description

Insurance requirements for the contracting authority

Lot Information

Property and Related Covers

Insurance services for the contracting authority for the following risks: property damage, business interruption, money, all risks, computer, contract works and fidelity guarantee.

Renewal: The contracting authority 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

Residential Leasehold

Insurance services for the contracting authority for the following risks: property damage and property owners liability.

Renewal: The contracting authority 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

Casualty and Related Covers

Insurance services for the contracting authority for the following risks: employers, public, products and pollution liabilities, officials indemnity (including land charges, libel/slander & public health act) and Professional indemnity.

Renewal: The contracting authority 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

Motor

Insurance services for the contracting authority for the following risks: comprehensive cover for private & commercial motor vehicles including special types and third party liability.

Renewal: The contracting authority 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

Fine Art

Insurance services for the contracting authority for the following risks: property damage on an agreed value basis

Renewal: The contracting authority 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

Terrorism

Insurance services for the contracting authority for the following risks: property damage resulting from an act of terrorism

Renewal: The contracting authority 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

Personal Accident

Insurance services for the contracting authority for the following risks: personal accident to employees, members and volunteers

Renewal: The contracting authority 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

Engineering Insurance

Insurance services for the contracting authority for the following risks: engineering property damage including breakdown

Renewal: The contracting authority 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

Engineering Inspection

Statutory inspection of mechanical, electrical, pressure and lifting equipment

Renewal: The contracting authority 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-04e81a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/010398-2025
Current Stage
Tender
All Stages
Planning, Tender

Procurement Classification

Notice Type
UK1 - Pipeline Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

66512100 - Accident insurance services

66513200 - Contractor's all-risk insurance services

66514110 - Motor vehicle insurance services

66515200 - Property insurance services

66515410 - Financial loss insurance services

66516100 - Motor vehicle liability insurance services

66516400 - General liability insurance services

66516500 - Professional liability insurance services

66519200 - Engineering insurance services

Notice Value(s)

Tender Value
£2,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
20 Mar 202511 months ago
Submission Deadline
18 Apr 2025Expired
Future Notice Date
10 Mar 2025Expired
Award Date
Not specified
Contract Period
31 May 2025 - 31 May 2028 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NORTH KESTEVEN DISTRICT COUNCIL
Contact Name
Mr David Lever
Contact Email
customer_services@n-kesteven.gov.uk, david.lever@theriskfactor.com
Contact Phone
+44 7792696358

Buyer Location

Locality
SLEAFORD
Postcode
NG34 7EF
Post Town
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
TLF3 Lincolnshire

Local Authority
North Kesteven
Electoral Ward
Sleaford Navigation
Westminster Constituency
Sleaford and North Hykeham

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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