RFP QuestBeta
ClosedStage · contract

South London and Maudsley NHS Foundation Trust

Vehicle Fleet Insurance SLaM

Financial ServicesCPV 66514110
Value£1.4m
Deadline31 Mar 2024
Published8 Apr 2024
RegionUK-wide
Timeline
Published 8 Apr 2024ClosedCloses 31 Mar 2024
Contract value in context
£1.4mtotal contract value
median £150k
this tender£0£4.7m

This is a large award for Financial & Insurance Services — above three-quarters of comparable contracts. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

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The brief

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.

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Source & provenance
OCID
3daec77e-ea52-4406-a501-bb2c0b7e2846
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
CF-2291300D0O000000rwimUAA
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

Market context

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