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

04 Apr 2023 at 10:27

Award Notice
Summary of the contracting process

The Hampshire County Council has completed the procurement process for the Provision of Insurance - Casualty Insurance - Excess Layer 3 contract. This contract is for liability insurance services with a value of £1 GBP. The procurement method used was direct with a single tender action (below threshold). The contract period is from April 1, 2023, to March 31, 2024. The tender period ended on March 27, 2023, with a delivery address in SO23 8UJ, England.

This tender presents a business opportunity for insurance service providers interested in liability insurance services contracts. Businesses in the insurance industry offering liability insurance services would be well-suited to compete for this contract with Hampshire County Council. The contract period spans a year, offering stable revenue potential for the selected supplier, currently awarded to Marsh Limited. Suppliers need to cater to the specified insurance coverage requirements and ensure compliance with the County Council's risk management framework to optimally serve their needs.

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Notice Information

Notice Title

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

Notice Description

Casualty Excess Layer Insurance is a commercial Insurance Policy purchased to increase Hampshire County Council's limits of liability over the primary insurance cover of PS50million, to provide appropriate indemnity for the County Council's risks. 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.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-96e4556f-25d7-4269-acd9-2edf34d8c0c1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/16feb98c-97fe-465d-a1f1-eaf8285c2882
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

66516000 - Liability insurance services

Notice Value(s)

Tender Value
£1
Lots Value
Not specified
Awards Value
£34,491 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Apr 20233 years ago
Submission Deadline
27 Mar 2023Expired
Future Notice Date
Not specified
Award Date
27 Mar 20233 years ago
Contract Period
31 Mar 2023 - 31 Mar 2024 1-2 years
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
HAMPSHIRE COUNTY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

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)

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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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