Award

Property Damage and Liability insurance (St James Hospital)

NHS PROPERTY SERVICES LIMITED

This public procurement record has 1 release in its history.

Award

20 May 2021 at 12:07

Summary of the contracting process

The procurement process involved NHS Property Services Limited as the buying organisation, which sought tenders for Property Damage and Liability insurance for St James Hospital. This project falls under the insurance services category within the United Kingdom and was initiated through a limited procurement method, specifically through competitive quotations below the threshold. The tender period concluded on 28 March 2019, while the awarded contract period runs from 1 April 2021 to 31 March 2022, with a total contract value of £159,559.43. The formal awarding of the contract was published on 20 May 2021.

This tender presents significant opportunities for businesses in the insurance sector, particularly those with experience in providing comprehensive liability and property coverage solutions. Businesses that specialise in insurance services and can demonstrate strong financial stability would be especially well-suited to compete for similar contracts. Engaging with NHS Property Services Limited could allow insurers to expand their portfolio and establish lasting partnerships within the public sector.

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Notice Title

Property Damage and Liability insurance (St James Hospital)

Notice Description

Property Damage and Liability insurance (St James Hospital)

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bd5b26da-eb50-4cef-b3d8-b035aa663e5f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/36973dc5-db99-4010-8f2a-caa39d655876
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£159,559 £100K-£500K
Lots Value
Not specified
Awards Value
£159,559 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
20 May 20214 years ago
Submission Deadline
28 Mar 2019Expired
Future Notice Date
Not specified
Award Date
31 Mar 20214 years ago
Contract Period
31 Mar 2021 - 31 Mar 2022 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
NHS PROPERTY SERVICES LIMITED
Contact Name
NHS PS Procurement
Contact Email
nhspscontracts@property.nhs.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
EC2V 7NG
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
City of London
Electoral Ward
Coleman Street
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

ASPEN INSURANCE

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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