Awarded without open competition
Awarded without open competition. The buyer went directly to one or a few suppliers instead of advertising the contract. Procurement rules allow this only in specific cases, such as extreme urgency, when only one supplier can do the work, or for call-offs from an existing framework.
Key facts
- Buyer
- Lancashire County Council · Regional or local authority
- Suppliers
- AXA XL Insurance Company, Legal & Contingency, Lloyds of London (Syndicate 623), Munich Re, Probitas 1492, Tokio Marine & Nichido Fire Insurance Co
- Value
- £1,200,000
- Procedure
- Award procedure without prior publication of a call for competition
- Sector
- Financial & insurance services · Insurance services (CPV 66510000)
- Region
- North West
- Official notice
- 008217-2025 on Find a Tender
- Timeline
-
- Contract date13 Jan 2025
- Published6 Mar 2025Published 52 days after the contract date
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.
About the suppliers
AXA XL Insurance Company: every public contract they have won, plus their Companies House record (company 05328622).
Legal & Contingency: every public contract they have won, plus their Companies House record (company 03511606).
Lloyds of London (Syndicate 623): every public contract they have won, plus their Companies House record (company 03189123).
Munich Re: every public contract they have won, plus their Companies House record (company 01373441).
Probitas 1492: every public contract they have won, plus their Companies House record (company BR024208).
Tokio Marine & Nichido Fire Insurance Co: every public contract they have won, plus their Companies House record (company BR011260).