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

24 Mar 2021 at 12:14

Summary of the contracting process

The procurement process involves Hampshire County Council, which is seeking to secure a casualty insurance policy titled "The Provision of Insurance - Casualty Insurance - Excess Layer 3 (£25m over £100m)." This contract is classified under general liability insurance services and is located in Winchester, England. The procurement method utilised is a direct approach through a single tender action, which is typically applied for contracts below a specified threshold. The tender period concluded on 23 March 2021, while the effective contract period spans from 1 April 2021 to 31 March 2022.

This tender presents a significant opportunity for businesses specialising in commercial insurance services, particularly those capable of managing extensive liability coverages. Companies with expertise in public and products liability, employers' liability, and pollution liability are well-suited to compete. With the awarded contract valued at £30,800, eligible suppliers can engage with Hampshire County Council to provide comprehensive indemnity solutions tailored to the requirements of the local authority, thus facilitating potential growth in the insurance sector.

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Notice Title

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

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. This policy is 'layer 2' of the excess layer Liability covers, providing a limit of indemnity of PS25million over the primary indemnity and excess layers 1 and 2 totalling PS100million.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-39697d9c-e220-470e-92cc-b9e331abf211
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/79970b64-46a5-4633-9188-274895e85da3
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

66516400 - General liability insurance services

Notice Value(s)

Tender Value
£1
Lots Value
Not specified
Awards Value
£30,800 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
24 Mar 20214 years ago
Submission Deadline
23 Mar 2021Expired
Future Notice Date
Not specified
Award Date
24 Mar 20214 years ago
Contract Period
31 Mar 2021 - 31 Mar 2022 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
Stevie Fountain
Contact Email
stevie.fountain@hants.gov.uk
Contact Phone
0370 7795209

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

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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