Scope
Reference
ctt_3049
Description
Professional Indemnity Insurance policy with a potential 2-year contract (1 year initial term + 1 year optional extension) following a Direct Award option through the Crown Commercial Services Framework (CCS) RM6323 - Insurance and Related Services 4, Lot 1.
Contract 1. Professional Indemnity Insurance Renewal
Supplier
Contract value
- £108,520 including VAT
Below the relevant threshold
Date signed
22 May 2025
Contract dates
- 25 May 2025 to 24 May 2026
- Possible extension to 25 May 2026
- 1 year, 1 day
Description of possible extension:
12 months extension option available after expiry of 12 month initial term
Main procurement category
Services
CPV classifications
- 66510000 - Insurance services
Procedure
Procedure type
Below threshold - unknown
Supplier
MARSH LIMITED
- Companies House: 01507274
- Public Procurement Organisation Number: PGGV-7645-JTDL
1 Tower Place West
London
EC3R 5BU
United Kingdom
Email: Advisory.UKI.tenders@Marsh.com
Website: http://www.marsh.com
Region: UKI31 - Camden and City of London
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Contract 1. Professional Indemnity Insurance Renewal
Contracting authority
FINANCIAL OMBUDSMAN SERVICE LIMITED
- Companies House: 03725015
- Public Procurement Organisation Number: PGMH-6717-YZGY
Exchange Tower
London
E14 9SR
United Kingdom
Region: UKI42 - Tower Hamlets
Organisation type: Public authority - sub-central government