Award

4-031 National Hire Car Insurance 2019/20

HIGHWAYS ENGLAND

This public procurement record has 1 release in its history.

Award

01 Apr 2019 at 10:54

Summary of the contracting process

The procurement process titled "4-031 National Hire Car Insurance 2019/20" was initiated by Highways England, located in Bristol, England. The tender is related to the motor insurance industry, specifically catering to approximately 3,500 employees who require insurance for hire cars used for business purposes. The contract has a value of £139,305 and was awarded on 27th March 2019, with the contract period running until 30th April 2019. This procurement process employed a selective method and was executed as a call-off from a framework agreement, completing the tender stage on 21st March 2019.

This tender represents an opportunity for insurance providers, particularly those with expertise in motor insurance, to engage with a substantial public sector client. Businesses that can provide competitive rates and tailored insurance solutions for corporate hire vehicles would be particularly well-suited to compete in this tender. Given the scale of the contract and the specialised nature of the services required, firms that possess a strong background in financial services and motor insurance brokerage are likely to find opportunities for growth and expansion through participation in this procurement process.

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Notice Title

4-031 National Hire Car Insurance 2019/20

Notice Description

Highways England employs approximately 3,500 employees and has a requirement to provide Motor insurance for those employees driving hire cars whilst on company business. Since 1996 the Highways Agency has procured motor insurance on an annual basis through the services of a broker. Motor insurance is a specialised field and Finance & Business Services (FBS) do not have the resource or expertise to exploit the market and achieve the discounts available to brokers.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-deda28b1-f68f-413a-ab69-27781a36f778
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1fcf4b86-e0e4-4a5e-aace-65cbb13d8c17
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services


CPV Codes

73000000 - Research and development services and related consultancy services

Notice Value(s)

Tender Value
£139,305 £100K-£500K
Lots Value
Not specified
Awards Value
£139,305 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
1 Apr 20196 years ago
Submission Deadline
21 Mar 2019Expired
Future Notice Date
Not specified
Award Date
27 Mar 20196 years ago
Contract Period
27 Mar 2019 - 30 Apr 2019 1-6 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
HIGHWAYS ENGLAND
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BRISTOL
Postcode
BS1 6HA
Post Town
Bristol
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK5 West of England
Small Region (ITL 3)
TLK51 Bristol, City of
Delivery Location
TLI London

Local Authority
Bristol, City of
Electoral Ward
Lawrence Hill
Westminster Constituency
Bristol East

Supplier Information

Number of Suppliers
1
Supplier Name

WILLIS

Open Contracting Data Standard (OCDS)

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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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