Award

Provision of Casualty Insurance - Excess Layer 4 (PS50m over PS125m)

HAMPSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

06 Apr 2020 at 08:43

Summary of the contracting process

The procurement process involves Hampshire County Council, which is seeking to secure a Commercial Insurance Policy titled "Provision of Casualty Insurance - Excess Layer 4 (£50m over £125m)." This initiative falls under the insurance and pension services category and is based in Winchester, England. The tender has been awarded with a contract value of £28,000, and the contract period runs from 1st April 2020 to 31st March 2021. This procurement was conducted using a direct method and classified as a single tender action below the threshold, with the award notice published on 6th April 2020.

This tender presents an opportunity for businesses engaged in insurance services to expand their clientele by bidding for similar contracts. Companies with expertise in providing comprehensive liability coverage, including public, employer, and pollution liability for governmental organisations, would be particularly well-suited to participate. The involvement of a high-profile authority such as Hampshire County Council indicates that competitive bids for future tenders in this domain could lead to significant contract awards, thereby fostering business growth in the public sector insurance market.

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Notice Title

Provision of Casualty Insurance - Excess Layer 4 (PS50m over PS125m)

Notice Description

Commercial Insurance Policy to increase Hampshire County Council's limits of liability over the primary insurance cover of PS50million, required to provide appropriate indemnity for the County Council's risks. This policy provides cover for Third Party Liability claims from members of the public, employees and pupils/service users. 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-b5fd17-33c4ed28-d36b-4f3e-911b-71241572781b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6ba47a97-88a9-46b4-b312-906c3a52f20c
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

66500000 - Insurance and pension services

Notice Value(s)

Tender Value
£28,000 Under £100K
Lots Value
Not specified
Awards Value
£28,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
6 Apr 20205 years ago
Submission Deadline
30 Mar 2020Expired
Future Notice Date
Not specified
Award Date
31 Mar 20205 years ago
Contract Period
31 Mar 2020 - 31 Mar 2021 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
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WINCHESTER
Postcode
SO23 8ZB
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

JLT SPECIALTY

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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