Section one: Contracting authority
one.1) Name and addresses
Lancashire County Council
County Hall
Preston
PR10LD
Contact
Rachel Green
rachel.green4@lancashire.gov.uk
Country
United Kingdom
Region code
UKD45 - Mid Lancashire
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
one.4) Type of the contracting authority
Regional or local authority
one.5) Main activity
General public services
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Property Insurance Policy for Unit 3.2 only of Lancashire Business Park (LCDL)
Reference number
RG/CORP/LCC/24/271
two.1.2) Main CPV code
- 66510000 - Insurance services
two.1.3) Type of contract
Services
two.1.4) Short description
An insurance policy for Property Unit 3.2 of Lancashire Business Park (LCDL) is being placed via an award without competition, following a compliant tender process with no bids received. The broker approached the market to secure a policy directly. The contract is to be for a period of up to 4 years through the establishment of a Long Term Agreement (LTA) commencing on 13th January 2025.
two.1.6) Information about lots
This contract is divided into lots: No
two.1.7) Total value of the procurement (excluding VAT)
Value excluding VAT: £1,200,000
two.2) Description
two.2.3) Place of performance
NUTS codes
- UKD4 - Lancashire
two.2.4) Description of the procurement
An insurance policy for Property Unit 3.2 of Lancashire Business Park (LCDL) is being placed via an award without competition, following a compliant tender process with no bids received. The broker approached the market to secure a policy directly. The contract is to be for a period of up to 4 years through the establishment of a Long Term Agreement (LTA) commencing on 13th January 2025.
two.2.5) Award criteria
Price
two.2.11) Information about options
Options: No
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Award of a contract without prior publication of a call for competition in the cases listed below
- No tenders or no suitable tenders/requests to participate in response to open procedure
Explanation:
No tenders were received in relation to the publish over threshold open procurement process. Contract Notice reference: 2024/S 000-034213
Award Notice (non award) reference: 2025/S 000-008203
The Broker approached the market via the Lloyds of London marketplace to secure coverage following the failed procurement process. Coverage was found through splitting the single policy across multiple providers who will share the risk on agreed percentages.
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: Yes
Section five. Award of contract
Contract No
1
Title
Property Insurance for Unit 3.2 of Lancashire Business Park (LCDL)
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
13 January 2025
five.2.2) Information about tenders
Number of tenders received: 1
The contract has been awarded to a group of economic operators: Yes
five.2.3) Name and address of the contractor
AXA XL Insurance Company
London
Country
United Kingdom
NUTS code
- UKI - London
Companies House
05328622
The contractor is an SME
No
five.2.3) Name and address of the contractor
Lloyds of London (Syndicate 2015)
London
Country
United Kingdom
NUTS code
- UKI - London
Companies House
03189123
The contractor is an SME
No
five.2.3) Name and address of the contractor
Lloyds of London (Syndicate 457)
London
Country
United Kingdom
NUTS code
- UKI - London
Companies House
03189123
The contractor is an SME
No
five.2.3) Name and address of the contractor
Tokio Marine & Nichido Fire Insurance Co
London
Country
United Kingdom
NUTS code
- UKI - London
Companies House
BR011260
The contractor is an SME
No
five.2.3) Name and address of the contractor
Lloyds of London (Syndicate 2623)
London
Country
United Kingdom
NUTS code
- UKI - London
Companies House
03189123
The contractor is an SME
No
five.2.3) Name and address of the contractor
Lloyds of London (Syndicate 623)
London
Country
United Kingdom
NUTS code
- UKI - London
Companies House
03189123
The contractor is an SME
No
five.2.3) Name and address of the contractor
Probitas 1492
London
Country
United Kingdom
NUTS code
- UKI - London
Companies House
BR024208
The contractor is an SME
No
five.2.3) Name and address of the contractor
Legal & Contingency
London
Country
United Kingdom
NUTS code
- UKI - London
Companies House
03511606
The contractor is an SME
No
five.2.3) Name and address of the contractor
Munich Re
London
Country
United Kingdom
NUTS code
- UKI - London
Companies House
01373441
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Total value of the contract/lot: £1,200,000
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
Royal Courts of Justice - The High Court
London
WC2A 2LL
Country
United Kingdom
Internet address
http://courttribunalfinder.service.gov.uk/courts/royal-courts-of-justice
six.4.4) Service from which information about the review procedure may be obtained
Lancashire County Council
Preston
PR1 0LD
Country
United Kingdom