Awarded contract

Property Insurance Policy for Unit 3.2 only of Lancashire Business Park (LCDL)

Details

Supplier(s)
Value
£1,200,000
Topic
Insurance services
Published
6 March 2025

Tender 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. Lot 1: 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.

Timeline

  1. Completed: Award date13 January 2025
  2. Completed: Award published6 March 2025
    Current notice

About the buyer

Lancashire County Council is a local authority that buys through directorates spread across the county. Suppliers register and bid through the Oracle Fusion Supplier Portal, introduced in January 2023 to replace iSupplier. Contracts at or near national thresholds are advertised on Find a Tender. An Open Framework under the Procurement Act 2023 covers repeat competitions on the same terms. A Dynamic Market lets new suppliers join an approved list for above-threshold tenders at any time. Category managers based in directorates such as care and public health lead individual competitions.

UK local government drives £140bn in annual procurement, led by social protection (£66.6bn) and education (£57.1bn).

Over the past 5 years, most of Lancashire County Council's contract awards have been in health and social work, business services and software and information systems.

Relevant CPV codes

  • 66510000 · Insurance services

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Decision makers

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Contact nameJob titlePhone numberWork email
Head of Procurement+44 •••• ••••••
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Procurement Manager+44 •••• ••••••
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Contracts Manager+44 •••• ••••••

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