Award

Provision of Insurance - Professional Indemnity (Property Services)

HAMPSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

14 Apr 2025 at 12:30

Summary of the contracting process

Hampshire County Council has successfully completed the procurement process for Professional Indemnity Insurance in the Property Services category. The contract, awarded to CNA Insurance Company Limited, covers the period from 1st April 2025 to 31st March 2026 and is valued at £69,552. The procurement method used was a limited competitive quotation, as the value was below the threshold. Key dates include the tender period ending on 27th March 2025 and the award date on 31st March 2025. The council is located in Winchester, Hampshire, with the postal code SO23 8UJ. The industry category for this tender is professional liability insurance services.

This contract provides significant business growth opportunities for companies specialising in insurance, particularly those offering professional indemnity coverage for public services. Large-scale businesses with capacity to meet the specific insurance requirements of a governmental entity are well-positioned to compete for such contracts. By engaging in this procurement, suppliers can establish long-term relationships with Hampshire County Council, leading to potential future contracts and enhanced reputation within the public sector. This tender is an example of the opportunities available for businesses to secure lucrative, stable governmental contracts.

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Notice Title

Provision of Insurance - Professional Indemnity (Property Services)

Notice Description

Professional Indemnity insurance is a specialised branch of liability insurance which is most commonly purchased as a stand-alone policy. Professional Indemnity insurance provides liability cover against third party claims for financial loss, damage or injury arising from a breach of professional duty, negligent acts, errors or omissions of Hampshire County Council in its professional capacity.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e6339008-3464-4689-9ea3-0700fbf63347
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9ae62567-7996-4d3b-bf90-2a6c126acf34
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66516500 - Professional liability insurance services

Notice Value(s)

Tender Value
£69,552 Under £100K
Lots Value
Not specified
Awards Value
£69,552 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
14 Apr 202510 months ago
Submission Deadline
27 Mar 2025Expired
Future Notice Date
Not specified
Award Date
30 Mar 202511 months ago
Contract Period
31 Mar 2025 - 31 Mar 2026 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 8UJ
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

CNA INSURANCE

Further Information

Notice Documents

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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