Award

Insurance Premiums inc Vehicle Fleet

SOUTH OF ENGLAND PROCUREMENT CENTRE

This public procurement record has 1 release in its history.

Award

10 May 2023 at 11:37

Summary of the contracting process

The South of England Procurement Centre has awarded a contract for the renewal of insurance premiums for the Isle of Wight NHS Trust. The procurement stage was completed, with a total contract value of £334,164.87 in GBP. The contract period is from April 1, 2023, to March 31, 2026. The procurement method used was a competitive procedure with negotiation, and the main procurement category is services. The tender period ended on February 28, 2023, with the buyer being the South of England Procurement Centre located in Fareham, England.

This insurance premiums tender presents business growth opportunities for SMEs in the insurance services sector. Companies specialising in insurance coverage, particularly in vehicle fleet insurance and liability insurance, would be well-suited to compete. The successful bidder, Willis Ltd, won the contract and will provide insurance services to the Isle of Wight NHS Trust. With the contract already active, interested businesses can explore future similar opportunities in insurance services within the public sector procurement landscape.

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Notice Title

Insurance Premiums inc Vehicle Fleet

Notice Description

Renewal of Insurance Premiums for the Isle of Wight NHS Trust Insurance premium cover for the following: Vehicle Fleet (approximately 100) Insurance (for patient transport, ambulance (blue light), Pool Cars, all support service cars and vans and staff-hire and loan use Charitable Trustees Liability Public/Products Liability and Professional Indemnity Personal Accident

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4d74d7fa-940a-403a-8eea-aa8c25570be6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0c333c37-76f1-490d-89d4-d1758a7d8968
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation (above threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£334,164 £100K-£500K
Lots Value
Not specified
Awards Value
£334,164 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
10 May 20232 years ago
Submission Deadline
28 Feb 2023Expired
Future Notice Date
Not specified
Award Date
31 Mar 20232 years ago
Contract Period
31 Mar 2023 - 31 Mar 2026 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
SOUTH OF ENGLAND PROCUREMENT CENTRE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
FAREHAM
Postcode
SO30 2FY
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)
TLJ35 South Hampshire
Delivery Location
Not specified

Local Authority
Eastleigh
Electoral Ward
Hedge End North
Westminster Constituency
Hamble Valley

Supplier Information

Number of Suppliers
1
Supplier Name

WILLIS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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