Award

A1384B - VDS Insurance

UNIVERSITY OF NOTTINGHAM (THE)

This public procurement record has 1 release in its history.

Award

22 Jun 2022 at 15:54

Summary of the contracting process

The University of Nottingham initiated a tender process for VDS Insurance, indicated by the title "A1384B - VDS Insurance", within the insurance services industry category. This procurement process, which is currently in the Award stage, has a contract value of £60,000 and is located in the East Midlands, United Kingdom. The contract period spans from 1 January 2022 to 31 December 2022, with the tender period having ended on 31 December 2021. The method of procurement utilised here was a direct approach, specifically a single tender action below threshold.

This tender represents a significant opportunity for businesses in the insurance sector, particularly small and medium enterprises (SMEs) that can offer unique or specialised insurance services. The procurement process can foster growth by allowing competitors to provide innovative solutions in risk management, particularly for institutions like universities that require tailored coverage. Companies aiming to engage should consider sharpening their proposals to meet the specific needs of educational organisations, as well as ensuring compliance with the nuances of the procurement process outlined by the University of Nottingham.

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Notice Title

A1384B - VDS Insurance

Notice Description

VDS are the only supply that can sufficiently cover all costs.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0e27affe-153a-4dba-9553-843ea4a38ebb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2541f5fc-3996-4404-a091-75d00f8ecc87
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£60,000 Under £100K
Lots Value
Not specified
Awards Value
£60,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
22 Jun 20223 years ago
Submission Deadline
31 Dec 2021Expired
Future Notice Date
Not specified
Award Date
1 Jan 20224 years ago
Contract Period
1 Jan 2022 - 31 Dec 2022 6-12 months
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 NOTTINGHAM (THE)
Contact Name
Guy Wilding
Contact Email
procurement@nottingham.ac.uk
Contact Phone
0115 951 5151 ext 15151

Buyer Location

Locality
NOTTINGHAM
Postcode
NG7 2NR
Post Town
Nottingham
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF14 Nottingham
Delivery Location
TLF East Midlands (England)

Local Authority
Nottingham
Electoral Ward
Lenton & Wollaton East
Westminster Constituency
Nottingham South

Supplier Information

Number of Suppliers
1
Supplier Name

VDS INSURANCE

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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