Award

Insurance Brokerage & Associated Services - AWARD

UNIVERSITY OF CUMBRIA

This public procurement record has 3 releases in its history.

AwardUpdate

08 Jul 2019 at 09:59

AwardUpdate

24 Jan 2019 at 10:29

Award

24 Jan 2019 at 10:29

Summary of the contracting process

The University of Cumbria has completed a tendering process for Insurance Brokerage & Associated Services, now in the award stage. This tender, classified under the CPV code 66518100, covers a contract period from 1 February 2019 to 31 July 2022, following the competitive exercise conducted under the CCS and various agreements. The procurement method employed was selective, specifically a restricted procedure, inviting bids from approved suppliers listed under Lot2. The procurement process began on 1 December 2018 and was open until the deadline of 20 December 2018.

This procurement presents significant opportunities for businesses, particularly small and medium-sized enterprises (SMEs), specialising in insurance brokerage services. The total estimated value of the contract is approximately £280,000, creating a viable market for firms that can deliver comprehensive brokerage services and associated offerings. Companies keen on entering or expanding their footprint in the insurance sector, particularly those capable of delivering tailored solutions over the stipulated contract duration, should consider this opportunity to enhance their market presence.

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Notice Title

Insurance Brokerage & Associated Services - AWARD

Notice Description

This Further Competition is being conducted under the CCS and YPO, ESPO and NEPO insurance services framework agreement (reference RM3731). Only suppliers on the Lot2 suppliers list may submit bids. The University invites suppliers to submit proposals to provide Insurance Brokerage & Other Associated Services to the University for a period of 3+2 years. Brokerage of policies to cover the period 1/8/19 to 31/7/22. It is assumed that this process would start at contract award point of 1/2/19 Associated services during the period the policies cover ie 1/8/19 to 31/7/22 The current total cost to the University of insurance policies and brokerage before IPT and VAT is approximately PS280k

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0dcfe4de-5d15-4cd6-9199-0099225ceb69
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e6e9900e-11e3-4cf6-b243-dea63cdd6ca1
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66518100 - Insurance brokerage services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
8 Jul 20196 years ago
Submission Deadline
20 Dec 2018Expired
Future Notice Date
Not specified
Award Date
24 Jan 20197 years ago
Contract Period
1 Feb 2019 - 31 Jul 2022 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF CUMBRIA
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CUMBRIA
Postcode
CA1 2HH
Post Town
Carlisle
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD1 Cumbria
Small Region (ITL 3)
TLD13 Cumberland
Delivery Location
TLD North West (England)

Local Authority
Cumberland
Electoral Ward
Castle
Westminster Constituency
Carlisle

Supplier Information

Number of Suppliers
1
Supplier Name

ARTHUR J. GALLAGHER INSURANCE BROKERS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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