Award

The Provision of Insurance - Casualty Insurance - Excess Layer 3 (PS25m over PS100m)

HAMPSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

10 Apr 2024 at 14:22

Summary of the contracting process

The Hampshire County Council has awarded a contract for the provision of Liability Insurance Excess Layer 3 valued at £37,520. This insurance policy aims to increase the county council's liability coverage to £25 million over £100 million. The procurement method used was direct with a single tender action. The contract period is from April 1, 2024, to March 31, 2025, with the tender period ending on March 27, 2024. The buying organisation is Hampshire County Council based in Winchester, England.

This tender for Liability Insurance Excess Layer 3 by Hampshire County Council presents opportunities for insurance service providers, especially those experienced in liability insurance services. Businesses interested in public sector insurance contracts and servicing local government authorities in England should consider this opportunity. The contract period extends over a year, allowing potential suppliers to establish long-term relationships with the council and leverage their expertise in insurance services for county-level operations.

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Notice Title

The Provision of Insurance - Casualty Insurance - Excess Layer 3 (PS25m over PS100m)

Notice Description

Casualty Excess Layer Insurance is a commercial Insurance Policy purchased to increase Hampshire County Council's limits of liability over the primary insurance cover of PS50million, to provide appropriate indemnity for the County Council's risks. This insurance is on a Combined Liability basis and consists of Public and Products Liability, Employers' Liability and Pollution Liability and provides insurance against third party claims for injury, damage to property and financial loss arising from activities as a County Council. This includes claims against the County Council arising from the use of the Highways.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0d8fa0c2-9b34-4de9-bce9-355e9b7c2eb6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a4b5d2de-e06d-4e28-852b-77385bead723
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66516000 - Liability insurance services

Notice Value(s)

Tender Value
£37,520 Under £100K
Lots Value
Not specified
Awards Value
£37,520 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
10 Apr 20241 years ago
Submission Deadline
27 Mar 2024Expired
Future Notice Date
Not specified
Award Date
27 Mar 20241 years ago
Contract Period
31 Mar 2024 - 31 Mar 2025 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
HAMPSHIRE COUNTY COUNCIL
Contact Name
Sheona Holman
Contact Email
insurance.queries@hants.gov.uk
Contact Phone
01962 847327

Buyer Location

Locality
WINCHESTER
Postcode
SO23 8UJ
Post Town
Southampton
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ36 Central Hampshire
Delivery Location
Not specified

Local Authority
Winchester
Electoral Ward
St Michael
Westminster Constituency
Winchester

Supplier Information

Number of Suppliers
1
Supplier Name

MARSH

Further Information

Notice Documents

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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