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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.
| Supplier | Identifier | Award Value | Lots Won | Cross-References |
|---|---|---|---|---|
| AXA XL Insurance Company | 05328622 | - | 1 lot Lot 1 | - |
| Legal & Contingency | 03511606 | - | 1 lot Lot 1 | - |
| Lloyds of London (Syndicate 2015) | 03189123 | - | 1 lot Lot 1 | MP LINK Mr David Lammy— Employment and earnings |
| Munich Re | 01373441 | - | 1 lot Lot 1 | CH MISMATCH CF says 01373441, but CH says it's MUNICHRE GENERAL SERVICES LIMITED |
| Probitas 1492 | BR024208 | - | 1 lot Lot 1 | - |
| Tokio Marine & Nichido Fire Insurance Co | BR011260 | - | 1 lot Lot 1 | - |
This procurement was divided into 1 lots, each awarded separately. 1 bids were received in total.
| Lot | Value | Bids Received | Awarded To | Status |
|---|---|---|---|---|
| Lot 1 | £1,200,000 initial term | 1 single bid — no competition | active |
Weightings from the notice.