Award

The Provision of Insurance - Property Insurance Commercial Units (Joint Insured)

HAMPSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

31 Mar 2022 at 09:37

Summary of the contracting process

The procurement process involved Hampshire County Council, which awarded a contract for "The Provision of Insurance - Property Insurance Commercial Units (Joint Insured)." This initiative is classified under property insurance services, primarily targeting commercial and industrial units located at Mitchell Close, Segensworth. The procurement method employed was a direct approach via a single tender action, and the contract was awarded on 31 March 2022. The contract has a value of £17,874.23 and spans from 1 April 2022 to 31 March 2023.

This tender presents significant opportunities for businesses specialising in property insurance services, particularly those with experience in commercial unit insurance and associated liabilities such as property damage, loss of revenue, and terrorism cover. Companies with robust capabilities in risk assessment and insurance provisioning may find this an excellent opportunity to expand their portfolio. Although the successful supplier for this contract is Marsh Ltd, other firms with a focus on insurance services may compete for similar tenders in the future.

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Notice Title

The Provision of Insurance - Property Insurance Commercial Units (Joint Insured)

Notice Description

The Joint Insured Commercial Property Insurance (Mitchell Close) insures Hampshire County Council and and/or Subsidiary Companies and Other Parties as required by contract jointly for their respective rights and interests. The Policy provides cover for property damage, loss of revenue, Property Owners Liability and Terrorism for the industrial/commercial units at Mitchell Close, Segensworth.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-944591de-9239-4852-93a5-e9abbed652db
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c3d21617-ae17-4ab4-b8fd-4da97b351fec
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

66515200 - Property insurance services

Notice Value(s)

Tender Value
£17,874 Under £100K
Lots Value
Not specified
Awards Value
£17,874 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
31 Mar 20223 years ago
Submission Deadline
31 Mar 2022Expired
Future Notice Date
Not specified
Award Date
30 Mar 20223 years ago
Contract Period
31 Mar 2022 - 31 Mar 2023 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
Sheona Holman
Contact Email
insurance.queries@hants.gov.uk
Contact Phone
01962 847327

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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