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Official procurement procedure

Property Insurance 2025-2027

Insurance services
South East (UKJ3)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: HAMPSHIRE COUNTY COUNCIL: "Property Insurance 2025-2027". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityHAMPSHIRE COUNTY COUNCILScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: HAMPSHIRE COUNTY COUNCIL
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for HAMPSHIRE COUNTY COUNCIL. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
15.7Bids / Report
14.7% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 165 active published awards; 163 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Price reduction compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityHAMPSHIRE COUNTY COUNCIL
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published6 Feb 2025, 14:58 GMT
Last source update6 Feb 2025, 14:58 GMT
Recurring procurementNot published
ClassificationInsurance services
Delivery area
South East (UKJ3)
OCIDocds-h6vhtk-04dc48
What is being bought
Hampshire County Council has awarded a contract to Risk Management Partners (RMP) to secure short-term insurance cover. This contract includes a Property Policy that covers a select number of properties within the Hampshire County Council estate, against perils such as fire, flood, and escape of water. The broader estate is self-insured for fire, lightning, and explosion risks. This is a 24 month interim contract award with the existing supplier, to bring the property insurance policy co-terminus with the Council's main insurance policies to allow for it to be re-procured together. Preparations for the re-procurement of the Council's insurance services is anticipated to commence during 2025/26.
What changed
From the official release history
  1. Status changed to complete
    6 Feb 2025, 14:58 GMT
  2. Official notice release published
    6 Feb 2025, 14:58 GMT
  3. Buyer information updated
    6 Feb 2025, 14:58 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    Hampshire County Council has awarded a contract to Risk Management Partners (RMP) to secure short-term insurance cover. This contract includes a Property Policy that covers a select number of properties within the Hampshire County Council estate, against perils such as fire, flood, and escape of water. The broader estate is self-insured for fire, lightning, and explosion risks. Risk Management Partners (RMP) is the awarded supplier, the policy is with American International Group UK Limited (AIG) . Additional information: This is a 24 month interim contract award with the existing supplier to bring the property insurance policy co-terminus with the Council's main insurance policies in order to allow them to be re-procured together. Preparations for the re-procurement of the Council's insurance services are anticipated to commence during 2025/26.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    6 Feb 2025, 14:58 GMT
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 29 Jan 2025, 00:00 GMT · £278,047
Commercial outcome and competition
Awards
RISK MANAGEMENT PARTNERS LTD.
Not published · Not published · active
Contracts
Contract
£278,047 · signed 29 Jan 2025, 00:00 GMT · active
Bid statistics
bids: 1 (lot 1)
Buyer and organisations in this procedure

HAMPSHIRE COUNTY COUNCIL

Contracting authority GB-FTS-1879
View buyer profile

  • HAMPSHIRE COUNTY COUNCIL
    buyer

    The Castle, WINCHESTER, UKJ36, SO238ZB
    procurement.support@hants.gov.uk

  • High Court of England & Wales
    reviewBody

    London

  • Risk Management Partners
    supplier

    GB-COH: 02989025
    London, UKI, EC3V 9LJ
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published
Planning and rationale
Planning budgetNot published
No-engagement rationaleNot published
Procedure rationaleThis is an award under Regulation 32 of the Public Contract Regulations 2015. This is a 24 month interim contract award with the existing supplier to bring the property insurance policy co-terminus with the Council's main insurance policies in order to allow them to be re-procured together. Preparations for the re-procurement of the Council's wider insurance requirements are anticipated to commence during 2025/26.