RM6020 Call-off for Insurance Broker Service 2023 - 2026

A Contract Award Notice
by NATIONAL HIGHWAYS

Source
Contracts Finder
Type
Contract (Services)
Duration
3 year
Value
£4K
Sector
BUSINESS
Published
24 Feb 2023
Delivery
22 Feb 2023 to 21 Feb 2026
Deadline
18 Jan 2023 12:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

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 Detail

1 Willis (Lime Street London)
  • Value: £4,161

CPV Codes

  • 66514110 - Motor vehicle insurance services

Indicators

  • Contract is suitable for SMEs.

Other Information

n/a NH Insurance Broker Services Specification redacted.docx n/a Willis Limited Award Letter redacted.docx

Reference

Domains