Award

The Provision of Insurance - Property Insurance (General)

HAMPSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

24 Mar 2021 at 11:33

Summary of the contracting process

The procurement process involves Hampshire County Council seeking a supplier for the provision of Property Insurance (General) services, specifically designed to cover material damage for a select number of its buildings. The contract is located in Winchester, England, and the procurement method was a direct tender through a single tender action, as it fell below the threshold. The tender was closed on 24th March 2021, with a contract period commencing on 1st April 2021 and concluding on 31st March 2022. The total value of the awarded contract is £57,291.80, and has been awarded to Marsh Ltd.

This tender presents a significant opportunity for businesses specialising in insurance services, particularly small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs). Companies that provide tailored insurance solutions for public sector organisations, especially those familiar with the nuances of property insurance, would be particularly well-suited to compete in future tenders with similar specifications. Engaging with these types of procurement processes can aid in building long-term relationships with local authorities and expanding their business footprint in the public sector.

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Notice Title

The Provision of Insurance - Property Insurance (General)

Notice Description

The Property (General) Insurance provides material damage insurance for a small specified number of Hampshire County Council buildings, for example the Great Hall is insured for fire, lightning and explosion, and leasehold properties (such as School Nurseries) are insured where the lease contains specific insurance obligations, with various excesses and sub limits relating to particular buildings or insured perils.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d9507fcb-8db3-4b40-9852-0f05c74b3e3c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cd531a2a-a566-4ec5-ad58-090ac0dcd12d
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66515200 - Property insurance services

Notice Value(s)

Tender Value
£1
Lots Value
Not specified
Awards Value
£57,291 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
24 Mar 20214 years ago
Submission Deadline
24 Mar 2021Expired
Future Notice Date
Not specified
Award Date
24 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
HAMPSHIRE COUNTY COUNCIL
Contact Name
Stevie Fountain
Contact Email
stevie.fountain@hants.gov.uk
Contact Phone
0370 7795209

Buyer Location

Locality
WINCHESTER
Postcode
SO23 8ZB
Post Town
Southampton
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ36 Central Hampshire
Delivery Location
Not specified

Local Authority
Winchester
Electoral Ward
St Michael
Westminster Constituency
Winchester

Supplier Information

Number of Suppliers
1
Supplier Name

MARSH

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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