Award

SPS 2645- Provision of Motor Insurance including Uninsured Loss Recovery and Legal Expenses for Royal Borough of Greenwich.

ROYAL BOROUGH OF GREENWICH

This public procurement record has 1 release in its history.

Award

12 Apr 2023 at 12:26

Award Notice
Summary of the contracting process

The Royal Borough of Greenwich has recently awarded a contract to AON UK Limited for the provision of Corporate motor/fleet insurance. The contract is worth £440,000 and will last for an initial 5-year period, with the option to extend for an additional 2 periods of 12 months. This procurement process was conducted through an open procedure, with the tender closing on 25th November 2022. The contract started on 1st April 2023 and will end on 31st March 2028. The Royal Borough of Greenwich is located in England and operates in the financial and insurance services industry category.

This procurement opportunity for motor insurance with legal expenses offers business growth prospects for insurance firms or brokers specialising in corporate motor/fleet insurance. Companies with experience in providing similar insurance services are well-suited to compete in this tender process. The Royal Borough of Greenwich, as the buying organisation, has awarded the contract to Maven Public Sector. This tender presents a chance for businesses to secure long-term contracts and expand their portfolio within the insurance services sector.

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Notice Information

Notice Title

SPS 2645- Provision of Motor Insurance including Uninsured Loss Recovery and Legal Expenses for Royal Borough of Greenwich.

Notice Description

Royal Borough of Greenwich has successfully awarded contract to AON UK Limited (trading as Maven Public Sector) following completion of an Open procurement for 5 year duration (with the option of an extension for a further 2 period of 12 months) for the provision of Corporate motor/fleet insurance.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-08a9672d-7584-47e8-a571-188e9e69f709
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/67db13d3-9bdd-4ba8-b4fc-a94a252a2423
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£351,788 £100K-£500K
Lots Value
Not specified
Awards Value
£440,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
12 Apr 20232 years ago
Submission Deadline
25 Nov 2022Expired
Future Notice Date
Not specified
Award Date
15 Feb 20233 years ago
Contract Period
31 Mar 2023 - 31 Mar 2028 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
ROYAL BOROUGH OF GREENWICH
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SE18 6HQ
Post Town
South East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI5 Outer London - East and North East
Small Region (ITL 3)
TLI51 Bexley and Greenwich
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Greenwich
Electoral Ward
Woolwich Arsenal
Westminster Constituency
Greenwich and Woolwich

Supplier Information

Number of Suppliers
1
Supplier Name

MAVEN PUBLIC SECTOR

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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