Insurance Provision

A Tender Notice
by CITY OF LINCOLN

Source
Find a Tender
Type
Contract (Services)
Duration
5 year
Value
£2M-£2M
Sector
BUSINESS
Published
18 Jan 2022
Delivery
To 26 Jan 2027 (est.)
Deadline
21 Feb 2022 12:00

Concepts

Location

Lincolnshire:

Geochart for 1 buyers and 0 suppliers

1 buyer

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 Division

1 Property, Business Interruption, Works in Progress, All Risks & Computers
  • Value: £500K

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

2 Leasehold Property including Property Owners Liability
  • Value: £175K

Insurance provision for Leasehold properties including property owners liability

3 Casualty
  • Value: £450K

Casualty Insurance provision including liability and associated financial lines coverage

4 Motor Insurance
  • Value: £100K

Motor Insurance provision including motor legal expenses

5 Property Insurance
  • Value: £165K

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

6 Cyber Insurance
  • Value: £100K

Cyber Insurance provision

7 Crime Insurance
  • Value: £30K

Crime Insurance Provision

8 Terrorism Insurance
  • Value: £20K

Terrorism Insurance Provision

9 Engineering Inspections
  • Value: £120K

Engineering Inspections Provision

10 Group Travel
  • Value: £2K

Group Travel provision

11 Claims Handling and Legal Services
  • Value: £500K

Claims Handling and Legal Services provision

CPV Codes

  • 79100000 - Legal services
  • 66510000 - Insurance services
  • 66515200 - Property insurance services
  • 66515300 - Weather and financial loss insurance services
  • 66513000 - Legal insurance and all-risk insurance services
  • 66515410 - Financial loss insurance services
  • 66516000 - Liability insurance services
  • 66514110 - Motor vehicle insurance services
  • 66515100 - Fire insurance services
  • 66516400 - General liability insurance services
  • 66512000 - Accident and health insurance services
  • 66513100 - Legal expenses insurance services

Indicators

  • This is a one-off contract (no recurrence)
  • Renewals are not available.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

Domains