Vehicle Fleet Insurance SLaM

South London and MaudsleycontractContracts FinderRef CF-2291300D0O000000rwimUAASME suitablecomplete

Estimated value

£1.4m

Awarded value

£1.4m

Awarded 19 Mar 2024

Suppliers

1

Lots

1

1 awarded

Published

08 Apr 2024

Deadline 31 Mar 2024

Description

South London and Maudsley NHS Foundation Trust had a requirement for insurance to operate its owned, hired and leased vehicles. An assessment was undertaken and a direct award and call off would be the most effective route to meet the needs of the Trust. Crown Commercial Services Insurance Services Framework RM6323 allows for Further Competition and Direct Award depending on the nature and urgency of the work required. Under the PCR 2015 regulations, Contracting Authorities are permitted to engage in direct award processes as by definition the ability to do so, forms part of the regulations. Therefore, the Trusts were able to engage with Brian Johnston & Co (Insurance Brokers) Ltd under a legally compliant framework from Crown Commercial Services RM6323 (Lot 1) to appoint a broker who in turn sought quotations from various insurance firms and upon receipt of the quotations the lowest cost provider offering the best value for money would be selected. Axa Insurance PLC was appointed as the insurance provider. The contract value includes the broker and insurance fee.

Scope

Reference
CF-2291300D0O000000rwimUAA
Total value
£1,384,834 excluding VAT
Commercial tool
Standalone contract
Contract dates
31 Mar 2024 to 30 Mar 2027
CPV classifications
66514110
Particular suitability
Small and medium-sized enterprises (SME)

Submission & procedure

Submission deadline
31 Mar 2024, 11:00 am

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£1.4m

Award date

19 Mar 2024

Contract start

31 Mar 2024

Contract end

30 Mar 2027