Award

Professional Indemnity (General) Insurance

HAMPSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

07 Apr 2020 at 07:54

Summary of the contracting process

The procurement process for Professional Indemnity (General) Insurance was conducted by Hampshire County Council, located in Winchester, England. This tender, classified under the industry category of Insurance and pension services, had a contract value of £80,640. The procurement method used was a single tender action, which allows for flexibility below a set financial threshold. The tender period concluded on 30 March 2020, with the awarded contract commencing on 1 April 2020 and running until 31 March 2021.

This contract presents opportunities for businesses specialising in professional indemnity insurance, particularly those with the capability to provide comprehensive liability coverage against third party claims. Businesses positioned in insurance services can benefit from this award, enabling them to establish long-term relationships with public sector clients. Given the nature of this procurement process, those familiar with direct tender submissions, particularly within the local government sector, would be well-suited to compete for similar upcoming contracts.

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Notice Title

Professional Indemnity (General) Insurance

Notice Description

Professional Indemnity insurance provides liability cover against third party claims for financial loss, damage or injury arising from a breach of professional duty, negligent acts, errors or omissions of Hampshire County Council in its professional capacity.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-62d68c9a-d9e1-49be-92da-75d64195b2b7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9b1921ed-cefe-45ba-9e94-910d74961dc5
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
£80,640 Under £100K
Lots Value
Not specified
Awards Value
£80,640 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
7 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
katharine Mooney
Contact Email
katharine.mooney@hants.gov.uk
Contact Phone
Not specified

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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