Award

HPFT - Motor Fleet, Directors and Property Top Up Insurance 24/25

HERTFORDSHIRE PARTNERSHIP UNIVERSITY NHS FOUNDATION TRUST

This public procurement record has 1 release in its history.

Award

29 Oct 2024 at 13:53

Summary of the contracting process

The Hertfordshire Partnership University NHS Foundation Trust has completed the procurement process to award a contract for "HPFT - Motor Fleet, Directors and Property Top Up Insurance 24/25." The contract, worth £250,000, has been awarded to Willis Towers Watson LTD. This procurement falls under the industry category of Motor Vehicle Liability Insurance Services (CPV code: 66516100). The contract starts on 1st October 2024 and ends on 30th September 2025, and it covers the South East region of the United Kingdom, specifically for delivery at postal code AL10 8YE. The procurement method used was a selective call-off from a framework agreement, with the tender period ending on 1st August 2024.

This tender presents significant business growth opportunities, especially for enterprises specialising in insurance services. Companies that offer comprehensive motor fleet, directors, and property insurance will find this an attractive contract due to its value and scope. Even though the contract has now been awarded, understanding the procurement process and requirements can help similar businesses prepare for future opportunities. However, it is noteworthy that SMEs and VCSEs were not seen as suitable for this particular procurement, implying that larger firms with extensive capabilities are best positioned to compete successfully in this market.

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Notice Title

HPFT - Motor Fleet, Directors and Property Top Up Insurance 24/25

Notice Description

The Hertfordshire Partnership University NHS Foundation Trust has awarded a contract to the supplier Willis Tower Watson LTD for the provision Motor Fleet, Directors and Property Top Up Insurance for 2024/25 Additional information: Direct Award CCS RM6020

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1c429f47-e138-490f-94e5-4cbd5b3bbe81
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8dae136d-baf5-4421-ad39-0aabb0714035
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Not specified
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66516100 - Motor vehicle liability insurance services

Notice Value(s)

Tender Value
£250,000 £100K-£500K
Lots Value
Not specified
Awards Value
£230,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
29 Oct 20241 years ago
Submission Deadline
1 Aug 2024Expired
Future Notice Date
Not specified
Award Date
2 Aug 20232 years ago
Contract Period
30 Sep 2024 - 30 Sep 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
HERTFORDSHIRE PARTNERSHIP UNIVERSITY NHS FOUNDATION TRUST
Contact Name
Kevin McKeown
Contact Email
kevin.mckeown2@nhs.net
Contact Phone
Not specified

Buyer Location

Locality
WELWYN GARDEN CITY
Postcode
AL8 7PX
Post Town
St Albans
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH26 North and East Hertfordshire
Delivery Location
TLJ South East (England)

Local Authority
Welwyn Hatfield
Electoral Ward
Sherrards
Westminster Constituency
Welwyn Hatfield

Supplier Information

Number of Suppliers
1
Supplier Name

WILLIS TOWERS WATSON

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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