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Owner Controlled Insurance Programme (OCIP) Contracts Finder Notice

HS2

This public procurement record has 1 release in its history.

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21 Aug 2017 at 14:48

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Summary of the contracting process

The procurement process involves HS2 as the buying organisation, issuing a tender titled "Owner Controlled Insurance Programme (OCIP) Contracts Finder Notice" for insurance services relevant to the construction industry. This tender, which is now complete, primarily encompasses construction material damage and associated liabilities, with a contract value of £46,878,508. The tender was part of a selective procurement method, specifically using a negotiated procedure, with the contract period starting on 25th July 2017 and scheduled to conclude on 31st December 2029. Earlier, the tender period ended on 23rd May 2017.

This tender presents significant opportunities for large insurance providers looking to expand their market share in the construction sector, particularly those capable of managing complex insurance needs including liability and pollution insurance. Businesses well-suited to compete for this contract would ideally specialise in comprehensive insurance services for large infrastructure projects and possess the capacity to underwrite substantial risks, enabling them to support HS2's ambitious construction timelines and requirements effectively.

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Notice Information

Notice Title

Owner Controlled Insurance Programme (OCIP) Contracts Finder Notice

Notice Description

Owner Controlled Insurance Programme (OCIP) for Phase 1 and 2a covering Construction Material Damage / Tunnel Boring Machines / Existing Structures and Third Party Liability, Excess Liability Insurance and Contractors Pollution Insurance.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9a987c5f-0f97-407f-84b0-dc238ef6d7d0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/091fd6af-2410-433e-9945-642a22d65e7a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Negotiated procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£46,878,508 £10M-£100M
Lots Value
Not specified
Awards Value
£46,878,508 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
21 Aug 20179 years ago
Submission Deadline
23 May 2017Expired
Future Notice Date
Not specified
Award Date
31 Jul 20179 years ago
Contract Period
25 Jul 2017 - 31 Dec 2029 Over 5 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
HS2
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BIRMINGHAM
Postcode
B4 6GA
Postcode Area
Birmingham
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
Not specified
Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
23
Supplier Names

AIG Europe Limited

Allianz Global Corporate & Specialty SE

Allied World Assurance Company (Europe) DAC

Arch Europe

Ascot Underwriting Limited

Aviva Insurance Limited

Berkley Offshore Underwriting Managers

Brit Syndicates Limited

Chubb

CNA Insurance Company Limited

Assicurazioni Generali S.p.A - UK Branch

Great Lakes Reinsurance (UK) SE

HDI Global SE - UK Branch

Ironshore Europe DAC

Liberty Specialty Markets

Probitas Syndicate 1492

QBE European Operations

RSA Insurance Group plc

SCOR UK Company Limited

Syndicate 2525

Starr International (Europe) Limited

Tokio Marine Kiln Insurance Services Ltd

Zurich Insurance Plc

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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