Published date: 24 February 2023
Awarded contract - This means that the contract has been awarded to a supplier.
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.
More information
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
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Closing: 18 January 2023, 12pm