Provision of Surety Bonds for Court of Protection Deputies
MINISTRY OF JUSTICE · Awarded contract
AwardedProvision of Surety Bonds for Court of Protection Deputies
Awarded 30 Sep 2016
Awarded30 Sep 2016
Value£11,040,000.00
SupplierHowden UK Group Limited
AgencyMINISTRY OF JUSTICE
RegionUnited Kingdom
CategoryFinance & Insurance
Ended 6y 1mo ago4y term
Awarded 30 Sept 2016Expired 29 Sept 2020
About
The Ministry of Justice awarded a contract to Howden UK Group Limited for the provision of surety bonds covering the performance of deputies appointed by the Court of Protection.
The contract involves appointing a single provider to administer and manage the surety bonds, including appointing an appropriate insurer.
The surety bonds serve as a guarantee to pay financial losses arising from a deputy's failure to fulfil their agreed duty, with the Court of Protection determining the bond value.
The contract value is £11,040,000.
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Provision of Surety Bonds for Court of Protection Deputies
Won by Howden UK Group Limited · MINISTRY OF JUSTICE
£11.0Mawarded
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