National Highways has issued a procurement for an estimated £60 million owner-controlled insurance programme (OCIP) for the construction of the Lower Thames Crossing (LTC).

National Highways requires suitable construction phase insurance policies to cover LTC and all the Contractors and sub- contractors and has agreed within the main works construction contracts to provide owner-controlled insurance policies, says the Find a Tender website. The deadline for expressions of interest has, however, expired.

The mega-project will involve the construction of a new 23km road and a 4.2km tunnel under the Thames Estuary, linking Kent and Essex.

The procurement notice seeks insurance policies for the project through a contract estimated to run from 30 November 2026 until 19 November 2033 and has an estimated value of £60 million, excluding VAT and has been divided into nine lots covering contractor’s all risks insurance, public liability insurance, delay in start-up insurance, terrorism insurance and environmental liability insurance.

(Picture: National Highways)