Award

Vehicle Fleet Insurance LGT

LEWISHAM AND GREENWICH NHS TRUST

This public procurement record has 1 release in its history.

Award

08 Apr 2024 at 08:10

Award Notice
Summary of the contracting process

The Lewisham and Greenwich NHS Trust awarded a contract for Vehicle Fleet Insurance through a selective procurement method. The contract, valued at £183,506 in GBP, covers motor vehicle insurance services. The procurement stage was marked as complete, with the tender period ending on 31st March 2024. The contract period spans from 1st April 2024 to 31st March 2027. The buying organization, Lewisham and Greenwich NHS Trust, located in London, sought insurance for their vehicles, ultimately selecting Allianz Insurance PLC as the provider.

This tender for Vehicle Fleet Insurance presents an opportunity for insurance brokers and firms providing motor vehicle insurance services to compete for business growth. Small and medium-sized enterprises (SMEs) would be well-suited to participate in this tender as it falls under the services category. Businesses looking to secure contracts with NHS trusts and engage in further competition from framework agreements could find this tender beneficial for expanding their services and clientele.

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Notice Information

Notice Title

Vehicle Fleet Insurance LGT

Notice Description

Lewisham and Greenwich NHS Trust (LGT) had a requirement for insurance to operate its owned, hired and leased vehicles. An assessment was undertaken and a direct award and call off would be the most effective route to meet the needs of the Trust. Crown Commercial Services Insurance Services Framework RM6323 allows for Further Competition and Direct Award depending on the nature and urgency of the work required. Under the PCR 2015 regulations, Contracting Authorities are permitted to engage in direct award processes as by definition the ability to do so, forms part of the regulations. Therefore, the Trusts were able to engage with Brian Johnston & Co (Insurance Brokers) Ltd under a legally compliant framework from Crown Commercial Services RM6323 (Lot 1) to appoint a broker who in turn sought quotations from various insurance firms and upon receipt of the quotations the lowest cost provider offering the best value for money would be selected. Allianz Insurance PLC was selected as the insurance provider. The contract value includes both the broker and insurance fees.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9bbd5724-e138-4cad-abcf-fcbcbd76a74f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a4c97b50-acd7-4369-9a13-a00dcf699747
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
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66514110 - Motor vehicle insurance services

Notice Value(s)

Tender Value
£183,506 £100K-£500K
Lots Value
Not specified
Awards Value
£183,506 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Apr 20241 years ago
Submission Deadline
31 Mar 2024Expired
Future Notice Date
Not specified
Award Date
25 Mar 20241 years ago
Contract Period
31 Mar 2024 - 31 Mar 2027 2-3 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
LEWISHAM AND GREENWICH NHS TRUST
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SE13 6LH
Post Town
South East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
Not specified
Local Authority
Lewisham
Electoral Ward
Ladywell
Westminster Constituency
Lewisham North

Supplier Information

Number of Suppliers
1
Supplier Name

BRIAN JOHNSTON & CO (INSURANCE SERVICES

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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