Award

4-039 National Hire Car Insurance 2020-22

HIGHWAYS ENGLAND

This public procurement record has 1 release in its history.

Award

20 Apr 2020 at 14:24

Summary of the contracting process

The procurement process titled "4-039 National Hire Car Insurance 2020-22" was initiated by Highways England, located in Birmingham, England. This tender falls under the category of "Research and development services and related consultancy services" and was conducted using a selective procurement method through a call-off from a framework agreement. The tender period ended on 12 February 2020, and the awarded contract, valued at £117,600, is set to run from 1 April 2020 to 31 March 2022.

This tender presents an opportunity for businesses specialising in motor insurance to engage with a significant public sector client. Companies, particularly small and medium-sized enterprises (SMEs), that possess expertise in motor insurance and have the capability to provide competitive pricing through market exploitation would be well-positioned to compete. The awarded contract indicates potential for future similar tenders as Highways England continues to require insurance services for its employees' hire cars.

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Notice Title

4-039 National Hire Car Insurance 2020-22

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-e0fe4608-380d-4cce-a3e7-a6b9a2dd7941
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0b7fb5b1-4121-4e9f-828b-e913754ed664
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
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
£117,600 £100K-£500K
Lots Value
Not specified
Awards Value
£117,600 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
20 Apr 20205 years ago
Submission Deadline
12 Feb 2020Expired
Future Notice Date
Not specified
Award Date
23 Mar 20205 years ago
Contract Period
31 Mar 2020 - 31 Mar 2022 1-2 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
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
BIRMINGHAM
Postcode
B1 1RN
Post Town
Birmingham
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
Not specified

Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

WILLIS TOWERS WATSON

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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