Award

SPS 2645- Provision of Motor Insurance including Uninsured Loss Recovery and Legal Expenses for Royal Borough of Greenwich.

ROYAL BOROUGH OF GREENWICH

This public procurement record has 2 releases in its history.

Award

12 Apr 2023 at 11:56

Tender

20 Oct 2022 at 16:55

Summary of the contracting process

The Royal Borough of Greenwich has awarded a contract to Aon UK Limited (trading as Maven Public Sector) for the provision of the Council's entire fleet insurance. The contract, lasting 5 years, includes a 3-year Long Term Agreement with the option for a further 2-year extension. The procurement process was conducted through an open procedure.

This tender for Motor Insurance offers opportunities for businesses in the financial and insurance services sector. Companies providing high-quality policy cover and claims handling services are well-suited to compete. The Royal Borough of Greenwich is the buying organisation, located in London, United Kingdom.

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Notice Title

SPS 2645- Provision of Motor Insurance including Uninsured Loss Recovery and Legal Expenses for Royal Borough of Greenwich.

Notice Description

The Royal Borough of Greenwich has awarded contract to Aon UK Limited (trading as Maven Public Sector) for the provision of the Council's entire fleet insurance. The contract is for a period of 5 years (which includes 3 years Long Term Agreement with the option of an extension for a further 2 period each of 12 months).

Lot Information

Lot 1

The Royal Borough of Greenwich completed an open procurement and has now awarded contract to Aon UK Limited (trading as Maven Public Sector) for the provision of the Council's entire fleet insurance. The contract is for a period of 5 years (which includes 3 years Long Term Agreement with the option of an extension for a further 2 period each of 12 months).

Options: As specified within the ITT pack.

Renewal: The Contract duration will initially be for 3 years commencing from 1st April 2023 till 31st March 2026, with an option to further extend for another 2 years as 1 + 1.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03779a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/010494-2023
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£351,788 £100K-£500K
Lots Value
£351,788 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
12 Apr 20232 years ago
Submission Deadline
25 Nov 2022Expired
Future Notice Date
Not specified
Award Date
31 Mar 20232 years ago
Contract Period
31 Mar 2023 - 31 Mar 2028 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
ROYAL BOROUGH OF GREENWICH
Contact Name
Ms Shola Oke
Contact Email
shola.oke@royalgreenwich.gov.uk
Contact Phone
+44 2089216957

Buyer Location

Locality
LONDON
Postcode
SE18 6HQ
Post Town
South East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI5 Outer London - East and North East
Small Region (ITL 3)
TLI51 Bexley and Greenwich
Delivery Location
TLI London

Local Authority
Greenwich
Electoral Ward
Woolwich Arsenal
Westminster Constituency
Greenwich and Woolwich

Supplier Information

Number of Suppliers
1
Supplier Name

AON UK LIMITED TRADING AS MAVEN PUBLIC SECTOR

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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