Published date: 24 February 2023

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 18 January 2023, 12pm

Contract summary

Industry

  • Motor vehicle insurance services - 66514110

Location of contract

Any region

Value of contract

£4,161

Procurement reference

tender_340633/1180877

Published date

24 February 2023

Closing date

18 January 2023

Closing time

12pm

Contract start date

22 February 2023

Contract end date

21 February 2026

Contract type

Service contract

Procedure type

Call-off from a framework agreement

A mini-competition or direct purchase from a pre-established framework agreement.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No


Description

The procurement of an Insurance Broker, who in turn will identify and purchase insurance coverage for the following five areas on behalf of National Highways:
- Asset Delivery Operational Fleet Insurance
- Asset Delivery Long-Term Lease / Personal Use Insurance
- Traffic Officer Service - Insurance Broker Services and Third-Party Motor Insurance
- Directors & Officers' (D&O) Insurance
- Hire Car Insurance Cover
The existing policy is due to expire on 31/03/2023 therefore the new policy needs to enable coverage that expires 31/03/2023.
This investment is required to protect the National Highway System from claims arising from incidents on company business or during operational duties. These are claims that may arise from road traffic collisions and other incidents during the journey itself that cause damage to a third-party vehicle or property.

The contract length will be 3-years with an option to extend for a further year. This has been determined an appropriate length to achieve value for money.


Award information

Awarded date

22 February 2023

Contract start date

22 February 2023

Contract end date

21 February 2026

Total value of contract

£4,161

This contract was awarded to 1 supplier.

Willis Limited

Address

51 Lime Street London EC3M 7DQ

Reference

No reference - other

Supplier is SME?

No

Supplier is VCSE?

No


About the buyer

Contact name

AD Procurement

Address

The Cube, 199 Wharside Street
Birmingham
B1 1RN
England

Email

ADProcurement@nationalhighways.co.uk