Awarded contract

Insurance services

Details

Supplier(s)
Value
£46,878,508
Duration
12 years
Topic
Insurance services
Published
21 August 2017

Tender description

Owner Controlled Insurance Programme for Phase 1 and 2a covering Construction Material Damage / Tunnel Boring Machines / Existing Structures and Third Party Liability Insurance and Contractors Pollution Insurance. Owner Controlled Insurance Programme (OCIP).

Timeline

  1. Completed: Award date31 July 2017
  2. Completed: Award published21 August 2017
    Current notice
  3. Next: Contract expiry date25 November 2029in 3 years

About the buyer

HS2 Ltd is a non-departmental public body sponsored by the Department for Transport, and buys as a central government agency building Britain's high-speed railway between London and Birmingham. Contracts above the public procurement threshold are advertised on Find a Tender, and smaller awards appear on Contracts Finder. Framework agreements cover major packages, such as the lifts and escalators for Phase One stations. Four tier-one joint-venture contractors, including EKFB and Align JV, deliver the main civils work. Those contractors procure their own tier-two subcontractors, who source further down the chain. Live subcontract opportunities are advertised through the CompeteFor portal.

Procurement spend from central entities makes up 66% of overall UK public spend.

Over the past 5 years, most of HS2's contract awards have been in construction work, metals and mining products and transport equipment.

Relevant CPV codes

  • 66510000 · Insurance services

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Decision makers

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