--- title: "Insurance Provision" ocid: "ocds-h6vhtk-02f7e0" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02f7e0" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-02f7e0.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-02f7e0.json" source: "Find A Tender Service" current_stage: "Planning" buyer: "CITY OF LINCOLN" published: "2021-11-18" --- # Insurance Provision Buyer: CITY OF LINCOLN Current stage: Planning OCID: ocds-h6vhtk-02f7e0 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02f7e0) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-02f7e0.json) ## Summary The City of Lincoln Council is planning a procurement process for insurance services, titled "Insurance Provision", which will encompass several specific coverage areas, including property, casualty, and cyber insurance. The procurement falls under the services category and is expected to take place in the UK, specifically in the Lincoln region. It is anticipated that a contract notice will be published in January 2022, with the contract period estimated to commence on April 16, 2022, lasting for three years, with a potential extension of two additional years. The total estimated value of the contract is £1 million, and the procurement will be conducted under the Open procedure. The council is reserving the right to amend the details concerning the specific lots prior to the release of the contract notice. This tender offers substantial opportunities for growth for businesses involved in various insurance sectors, including those specialising in property, liability, and cyber insurance. Companies capable of providing comprehensive insurance services, particularly those willing to bid on individual lots or a combination of them, would be well-positioned to compete. Additionally, entities seeking to engage with the City of Lincoln Council and benefit from pre-engagement mechanisms can do so by contacting The Risk Factor before November 30, 2021, enhancing their chances of success in the upcoming procurement. ## Notice This is a Prior Information Notice (PIN) regarding the provision of insurance services for the City of Lincon Council (COL) and there is no requirement for insurance brokerage services. COL are looking to publish a contract notice early in the New Year (Jan 2022) 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. It is envisaged that the service provision will be advertised as separate Lots as included within this notice and bidders will be permitted to bid for individual &/or any combination of lots. It is further envisaged that the procurement will be carried out under the Open procedure. 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. The estimated value of the contract is PS1M* The council reserves the right to alter lot titles and further detail regarding the lots and the final versions will be set out clearly in the contract notice and the ITT documentation. Any bidders wishing to pre-engage with the contracting authority prior to release of the contract notice may do so by contacting support@theriskfactor.com and this will be arranged accordingly. The maximum time allotted will be 40 minutes per bidder and a maximum of 5 time-slots will be allocated on a first come first served basis. No further pre-engagement will be carried out after 30th November 2021. Notes from the pre-engagement meeting will be recorded and will be shared with all potential bidders as part of the ITT documentation. At this stage, as an initial indication, it is envisaged that bidders will be able to bid for individual &/or any combination of lots, however it should be noted that further detail relating to the specific breakdown of lots and services will be set out clearly in the contract notice, and Invitation To Tender documentation. ### Lot Information Property , Business Interruption, Works In Progress, All Risks & Computers(Excluding Listed Buildings) Property , Business Interruption, Works In Progress, All Risks & Computers(Excluding Listed Buildings) Leasehold Property including Property Owners Liability Leasehold Property including Property Owners Liability Employers & Public/Products Liability, Professional Indemnity, Officials Indemnity, Libel & Slander Employers & Public/Products Liability, Professional Indemnity, Officials Indemnity, Libel & Slander Motor Insurance including Motor Legal Expenses Motor Insurance including Motor Legal Expenses Property Insurance (Listed Buildings including Fine Art & Civic Regalia) Property Insurance (Listed Buildings including Fine Art & Civic Regalia) Cyber Insurance Cyber Insurance Crime Insurance Crime Insurance Terrorism Insurance Terrorism Insurance Engineering Inspections and Insurance Engineering Inspections and Insurance Claims Handling and Legal Services Claims Handling and Legal Services Business Travel Insurance Business Travel Insurance ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/028785-2021 | | Notice type | Planning Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Not Specified | | Procurement method details | Not specified | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Planning | ## Dates | Field | Value | | --- | --- | | Publication date | 18 Nov 2021 | | Submission deadline | Not specified | | Future notice date | 17 Nov 2021 | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £1,000,000 | | Lots value | £1,503,000 | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Planned | | Lots status | Planned | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | CITY OF LINCOLN | | Locality | LINCOLN | | Post town | Lincoln | | Postcode | LN1 1DD | | Country | England | | ITL 1 | TLF East Midlands (England) | | ITL 2 | TLF3 Lincolnshire | | ITL 3 | TLF30 Lincolnshire CC | | Local authority | Lincoln | | Electoral ward | Carholme | | Westminster constituency | Lincoln | | Delivery location | TLF3 Lincolnshire | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### 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 - 66515410 - Financial loss insurance services - 66516000 - Liability insurance services - 66516400 - General liability insurance services ## Release History - 18 Nov 2021 at 11:07 - Planning - Planning Notice - https://www.find-tender.service.gov.uk/Notice/028785-2021 ## Notice URLs - http://www.lincoln.gov.uk - https://www.lincoln.gov.uk/ ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02f7e0. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-02f7e0.json.