Award

4170.PS.LWM.24 Accommodation Room Contents Insurance

UNIVERSITY OF SHEFFIELD

This public procurement record has 2 releases in its history.

Award

10 Mar 2025 at 15:25

Award Notice
Tender

25 Oct 2024 at 08:21

Tender Notice
Summary of the contracting process

The University of Sheffield has completed the procurement process for the provision of accommodation room contents insurance services for its student residences, covering approximately 5,660 single occupancy rooms and 174 family units for the 2024-2025 session. This procurement falls under the industry category of insurance services and is located in Yorkshire and the Humber, United Kingdom. The tender process was initiated on 25th October 2024 and closed on 15th November 2024. The contract has been awarded to UK & Ireland Insurance Services (Online) Ltd t/a Cover4insur, with the contract period running from 1st August 2025 to 31st July 2029. The procurement method used was an open procedure, suitable for SMEs and VCSEs, with a contract value of £68,000 GBP.

This tender offers significant growth opportunities, particularly for businesses specialising in insurance services that cater to educational institutions. Insurance providers with expertise in student accommodation coverage can benefit from this long-term contract, strengthening their market position. The open procedure ensures a competitive environment, giving SMEs and VCSEs a fair chance to secure high-value projects. Furthermore, the University of Sheffield's voluntary compliance with public contract regulations encourages transparency and equitable business practices, making it an attractive prospect for reliable insurance service providers aiming to expand their portfolio and establish robust relationships within the education sector.

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Notice Information

Notice Title

4170.PS.LWM.24 Accommodation Room Contents Insurance

Notice Description

The University of Sheffield is seeking a provider and pricing (per capita cost) for the provision of a room contents insurance policy for all student accommodation offered on University of Sheffield residence contracts. As a guide this includes c. 5,660 single occupancy rooms and c. 174 family units in the 2024-25 session. The University of Sheffield is not a contracting authority for the purposes of the Public Contracts Regulations 2015 (Directive 2014/24/EU) as amended by the Public Procurement (Amendment) (EU Exit) Regulations 2020. The University reserves the right from time to time to voluntarily operate under the Public Contract Regulations (as defined above) on a case by case basis. Otherwise, advertisement of any contract in Find a Tender Service or Contracts Finder is at the sole discretion of the University and is undertaken on a voluntary basis with no implied obligation to comply with the procurement legislation. For the avoidance of doubt, this procurement is not subject to the Public Contract Regulations (as defined above). Tender Process and Documentation: This is an Open tender exercise. The ITT can be downloaded by registering and expressing your interest on the University's e-tendering system https://in-tendhost.co.uk/Sheffield If you have any questions or comments in relation to this tender, they must be submitted via the In-Tend System. Your tender response must also be submitted through In-Tend to arrive by the date and time specified. Late tenders will not be considered. Additional information: Note the contract value is based on the initial term of 4 years.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-22547165-0fb7-407d-bea1-db66f2b2ecca
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6517e6ff-fe07-4419-992a-97341921026e
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£68,000 Under £100K
Lots Value
Not specified
Awards Value
£60,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
10 Mar 202511 months ago
Submission Deadline
15 Nov 2024Expired
Future Notice Date
Not specified
Award Date
24 Jan 20251 years ago
Contract Period
31 Jul 2025 - 31 Jul 2029 4-5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

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

Buyer Location

Locality
SHEFFIELD
Postcode
S10 2TN
Post Town
Sheffield
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
TLE Yorkshire and The Humber
Local Authority
Sheffield
Electoral Ward
Broomhill and Sharrow Vale
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

UK & IRELAND INSURANCE SERVICES (ONLINE) LTD T/A COVER4INSUR

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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