Award

4-030 Directors & Officers Liability Insurance 2019/20

HIGHWAYS ENGLAND

This public procurement record has 1 release in its history.

Award

01 Apr 2019 at 10:23

Award Notice
Summary of the contracting process

The procurement process involves Highways England seeking a contractor for their '4-030 Directors & Officers Liability Insurance 2019/20' tender, classified under services within the research and development sector. Located in London, this tender's procurement method is selective, executed as a call-off from a framework agreement. The tender period concluded on 21st March 2019, while the contract commenced on 26th March 2019 and is set to continue until 30th April 2019. The award of the contract, amounting to £6,600, was published on 1st April 2019, indicating the successful bidder as Willis.

This tender presents an opportunity for insurance providers and consulting firms specialising in directors' and officers' liability insurance to engage in business with a significant public organisation. Given the specific nature of the insurance required, businesses that have expertise in risk management and insurance services, particularly those familiar with the requirements of public sector contracts, would be well-suited to compete for similar forthcoming opportunities in public procurement.

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Notice Information

Notice Title

4-030 Directors & Officers Liability Insurance 2019/20

Notice Description

Annual directors' and officers' liability insurance ("D&O Insurance") is sought to cover all directors and executives of the company. A Director is defined under the policy as; - 1. Any natural person who was, is, or during the period of insurance becomes a director, partner, member or officer of the Company. 2. Any de facto director of the Company whilst acting in such capacity for the Company. 3. Any shadow director as defined under Section 250 of the Companies Act 2006. 4. Any employee of the Company. 5. The lawful spouse, civil or unmarried partner of any person above solely because of their spousal, civil or unmarried partner relationship following a claim against that person. 6. The estates, heirs or legal representatives of any person above who has died or become incapacitated, insolvent or bankrupt but only for a claim against that person.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8311bdb5-bcba-4e43-bb3e-4502f0ea4195
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/13ea4db0-31f0-497b-a166-f96b16db5b7f
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

CPV Codes

73000000 - Research and development services and related consultancy services

Notice Value(s)

Tender Value
£6,600 Under £100K
Lots Value
Not specified
Awards Value
£6,600 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
1 Apr 20196 years ago
Submission Deadline
21 Mar 2019Expired
Future Notice Date
Not specified
Award Date
27 Mar 20196 years ago
Contract Period
26 Mar 2019 - 30 Apr 2019 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
HIGHWAYS ENGLAND
Contact Name
Not specified
Contact Email
spats_framework_lots_2to6@highwaysengland.co.uk
Contact Phone
Not specified

Buyer Location

Locality
BRISTOL
Postcode
BS1 6HA
Post Town
Bristol
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK5 West of England
Small Region (ITL 3)
TLK51 Bristol, City of
Delivery Location
TLI London
Local Authority
Bristol, City of
Electoral Ward
Lawrence Hill
Westminster Constituency
Bristol East

Supplier Information

Number of Suppliers
1
Supplier Name

WILLIS

Further Information

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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