Property Insurance 2025-2027 · UK public procurement notice

Official notice

Authority: Hampshire County Council (Local council)

ServicesAward procedure without prior publication of a call for competition

Sectors: Financial and insurance services (66) Delivery: South East (UKJ3)

Awarded value£278,047published contract · exc. VAT

Awarded 29 Jan 2025no call for competition

Awarded to Risk Management Partners Ltd

What is being bought

Published requirement description

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.

CPV: Insurance services

The lotProcurement structure

single lot · no lot value published

Lot #1Awarded

Delivery: South East

Procedure terms & legal framework

From the official record · publisher note attached

Procedure method: Award procedure without prior publication of a call for competition
Legal basis: CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category: Services
Notice status: Awarded without competition
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Stand-alone contract (no framework)
Competition type: Direct award (no call for competition)
GPA / WTO covered: Yes (GPA)
Recurring procurement: Unspecified in notice
First published: 6 Feb 2025, 14:58 GMT
Last source update: 6 Feb 2025, 14:58 GMT
Authority reference: CO25979
FTS notice number: 2025/S 000-003994
Classification (CPV): Insurance services
Delivery area: South East (UKJ3)
Official registry OCID: ocds-h6vhtk-04dc48 Find a Tender

Why no open competition: New works/services, constituting a repetition of existing works/services and ordered in accordance with the strict conditions stated in the directive
Published justification: This 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.

Publisher note: Risk Management Partners (RMP) is the awarded supplier, the policy is with American International Group UK Limited (AIG) .

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value £278,0471 contract exc. VAT

Bids received 1

Contracts signed 1latest 29 Jan 2025

Awarded to	Value	Date	Status
Risk Management Partners Ltd	£278,047 †	—	Awarded

Contracts

Contract 003994-2025-1 · Risk Management Partners Ltd
Signed
29 Jan 2025
Value
£278,047
Status
active

Bid statistics published by the authority

Bids	SME	VCSE	Valid bid range
1bids	—	—	—

Contracting authority & participating public bodies

HAMPSHIRE COUNTY COUNCIL

Contracting authorityLocal CouncilRegional or local authorityGeneral public services The Castle, WINCHESTER, South East, SO238ZBContact email

Dispute resolution & review bodies

High Court of England & WalesReview body London

Bidders & participating suppliers

1 commercial party on the notice

Risk Management PartnersAwarded supplierGB-COH: 02989025 London, London, EC3V 9LJ

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.