RFP QuestBeta
Awarded · ResultStage · contract

Lewisham and Greenwich NHS Trust

Vehicle Fleet Insurance LGT

Financial ServicesCPV 66514110
Value£184k
Awarded31 Mar 2024
Published8 Apr 2024
RegionLondon
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£184ktotal contract value
median £150k
this tender£0£4.7m

This sits in the upper-middle of the Financial & Insurance Services band — a substantial contract for the sector. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

The brief

Lewisham and Greenwich NHS Trust (LGT) 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.

Allianz Insurance PLC was selected as the insurance provider.

The contract value includes both the broker and insurance fees.

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Source & provenance
OCID
a4c97b50-acd7-4369-9a13-a00dcf699747
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
CF-2288100D0O000000rwimUAA
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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