Award

The Provision of Insurance - Casualty Insurance - Excess Layer 5 (PS25m over PS175m)

HAMPSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

23 Mar 2022 at 13:34

Summary of the contracting process

The procurement process involved Hampshire County Council seeking to provide Casualty Insurance - Excess Layer 5 (£25m over £175m) to increase their limits of liability. This procurement, classified under liability insurance services (CPV code 66516000), was initiated as a single tender action below threshold, with the tender period ending on 23 March 2022. The contract is set to commence on 1 April 2022 and will run until 31 March 2023. The location for this procurement is Winchester, England.

This contract presents significant opportunities for businesses in the insurance sector, particularly those specialising in commercial and liability insurance. Providers with capabilities in delivering public and products liability, employers’ liability, and pollution liability insurance will find this a fitting opportunity. Given that the procurement was a direct award, companies looking to expand their offerings in local government contracts might consider exploring similar opportunities to engage with Hampshire County Council.

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Notice Title

The Provision of Insurance - Casualty Insurance - Excess Layer 5 (PS25m over PS175m)

Notice Description

Casualty Excess Layer Insurance is a commercial Insurance Policy purchased to increase Hampshire County Council's limits of liability over the primary insurance cover of PS50million, to provide appropriate indemnity for the County Council's risks. This insurance is on a Combined Liability basis and consists of Public and Products Liability, Employers' Liability and Pollution Liability and provides insurance against third party claims for injury, damage to property and financial loss arising from activities as a County Council. This includes claims against the County Council arising from the use of the Highways.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-dd76c962-86da-4eb7-8503-3d96d56fe566
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/755654bb-eb8d-480b-9cfd-baa0295bd40e
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66516000 - Liability insurance services

Notice Value(s)

Tender Value
£1
Lots Value
Not specified
Awards Value
£21,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
23 Mar 20223 years ago
Submission Deadline
23 Mar 2022Expired
Future Notice Date
Not specified
Award Date
23 Mar 20223 years ago
Contract Period
31 Mar 2022 - 31 Mar 2023 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
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

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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