Award

Third Party Insurance

H M REVENUE & CUSTOMS

This public procurement record has 2 releases in its history.

AwardUpdate

25 Mar 2022 at 11:50

Award Notice
Award

15 Mar 2022 at 15:44

Award Notice
Summary of the contracting process

The contract for Third Party Insurance, initiated by H M Revenue & Customs (HMRC), aims to provide insurance coverage essential for the HMRC Company Car Scheme and to address third-party costs arising from road traffic accidents involving HMRC vehicles across EU routes. The procurement process, classified under the CPV code for insurance services, was executed using a selective method via a call-off from a framework agreement. The tendering phase concluded on 21 January 2022, with the contract period set to commence on 1 May 2022 and run until 30 April 2024. The total value of the contract is £182,000.

This tender presents a significant opportunity for businesses specialising in insurance services, particularly those that are small and medium-sized enterprises (SMEs). Companies that can offer compliant third-party vehicle insurance solutions will find this an ideal opportunity to expand their reach and client base, particularly those that understand the nuances of insurance requirements for governmental operations and are capable of managing multiple policy requirements under EU laws.

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Notice Information

Notice Title

Third Party Insurance

Notice Description

This contract is therefore required to cover the insurance of: 1. The private mileage element of the HMRC Company Car Scheme including: HMRC Drivers; their nominated Friends & Family; and any replacement Courtesy / Hire cars to cover downtime; and 2. Third Party costs where HMRC Operational vehicles are involved in road traffic accidents on EU Roads. Without a compliant Third Party Vehicle Insurance contract, HMRC would be left without a valid insurance policy, contrary to the Road Traffic Act 2008 and EU Law

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a1e302f9-db97-47ad-8fa1-519ab0e1c90f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3362c778-f0db-4b2c-9f37-9286d505953e
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£182,000 £100K-£500K
Lots Value
Not specified
Awards Value
£182,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Mar 20223 years ago
Submission Deadline
21 Jan 2022Expired
Future Notice Date
Not specified
Award Date
8 Mar 20223 years ago
Contract Period
30 Apr 2022 - 30 Apr 2024 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
H M REVENUE & CUSTOMS
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SALFORD
Postcode
M60 9LA
Post Town
Manchester
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD34 Greater Manchester South West
Delivery Location
Not specified
Local Authority
Salford
Electoral Ward
Ordsall
Westminster Constituency
Salford

Supplier Information

Number of Suppliers
1
Supplier Name

WILLIS

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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