Award

The Provision of Insurance - Casualty Insurance - Excess Layer 1 (PS25m over PS50m)

HAMPSHIRE COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

24 Mar 2021 at 11:52

Award Notice
Summary of the contracting process

The procurement process involves Hampshire County Council, which has issued a tender titled "The Provision of Insurance - Casualty Insurance - Excess Layer 1 (£25m over £50m)." This contract falls under the industry category of liability insurance services and is located in Winchester, England. The procurement method adopted is a direct approach through a single tender action, as it is below the specified threshold. The tender was awarded on 24 March 2021, succeeding its tender period that concluded on 23 March 2021. The contract period is set to commence on 1 April 2021 and will last until 31 March 2022.

This contract presents a valuable opportunity for businesses involved in insurance services, particularly those specialising in liability coverages, to expand their market presence. Companies that can offer comprehensive casualty insurance solutions, including Public and Products Liability, Employers' Liability, and Pollution Liability, would be well-positioned to compete in this tender. The targeted capabilities align well with businesses focusing on enhancing indemnity limits for public sector organisations like Hampshire County Council.

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Notice Information

Notice Title

The Provision of Insurance - Casualty Insurance - Excess Layer 1 (PS25m over PS50m)

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.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e9dc17d6-7f97-4441-bcbb-3fd0dfed85fb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/55e2d7d2-2427-412b-9b3a-faacb5651878
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
£40,040 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
24 Mar 20214 years ago
Submission Deadline
23 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

Buyer & Supplier

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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