Award

Vehicle Fleet Insurance SLaM

SOUTH LONDON AND MAUDSLEY NHS FOUNDATION TRUST

This public procurement record has 1 release in its history.

Award

08 Apr 2024 at 08:15

Summary of the contracting process

The South London and Maudsley NHS Foundation Trust recently completed a procurement process for Vehicle Fleet Insurance services. The contract, valued at £1,384,834 GBP, was awarded through a selective procurement method as a call-off from a framework agreement. The procurement stage has passed, with the contract period set to run from April 1, 2024, to March 31, 2027. The Trust engaged with Brian Johnston & Co (Insurance Services) Limited to appoint Axa Insurance PLC as the provider. The procurement opportunity was suitable for SMEs.

This tender for Vehicle Fleet Insurance services by South London and Maudsley NHS Foundation Trust offers a business growth opportunity for insurance brokers and firms specialising in motor vehicle insurance services. Companies interested in providing insurance services to public sector organisations, especially within the healthcare industry, would find this tender relevant. The use of a framework agreement for the call-off procurement method presents a streamlined route for eligible businesses to engage with the Trust and potentially win contracts in the insurance services sector.

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Notice Title

Vehicle Fleet Insurance SLaM

Notice Description

South London and Maudsley NHS Foundation Trust 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. Axa Insurance PLC was appointed as the insurance provider. The contract value includes the broker and insurance fee.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ad79da51-d20f-4f3e-8340-eb386b917187
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3daec77e-ea52-4406-a501-bb2c0b7e2846
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
£1,384,834 £1M-£10M
Lots Value
Not specified
Awards Value
£1,384,834 £1M-£10M
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
19 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

Contracting Authority (Buyer)

Main Buyer
SOUTH LONDON AND MAUDSLEY NHS FOUNDATION 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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