Award

Provision of Insurance Services

UNIVERSITY OF EXETER

This public procurement record has 1 release in its history.

Award

12 Jan 2021 at 12:32

Summary of the contracting process

The University of Exeter has completed a procurement process for the provision of insurance services, specifically targeting capable providers excluding brokerage services. This tender, classified under the CPV code for insurance services (66510000), was conducted using an open procurement method. The contract period commenced on 27th February 2020 and concluded on 28th February 2020, with the tender period ending on 26th February 2020. The services will be rendered in the South West region of the United Kingdom, and the award was made on 16th March 2020, with a contract value of £977,875.66.

This opportunity is particularly suitable for insurance firms, including small and medium enterprises (SMEs) and voluntary community sector enterprises (VCSEs), looking to expand their portfolio in the public sector. Businesses specialising in various insurance domains such as motor vehicle, damage or loss, financial loss, and liability insurance are well-positioned to compete in this procurement process. Given the extensive range of insurance services required by the University, this can significantly enhance the business reach and growth for potential bidders in the insurance market.

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Notice Title

Provision of Insurance Services

Notice Description

The University of Exeter is seeking suitable and capable providers in respect of the Provision of Insurance Services (excluding Brokerage Services). Responses should be from insurers or discretionary mutuals only.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-29cb52dd-ee7d-42f5-adfd-4afce3757fc7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fe47a40f-6a8b-4cc3-a406-7688f11c5f3a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

66514110 - Motor vehicle insurance services

66515000 - Damage or loss insurance services

66515410 - Financial loss insurance services

66516000 - Liability insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£977,875 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
12 Jan 20215 years ago
Submission Deadline
26 Feb 2020Expired
Future Notice Date
Not specified
Award Date
16 Mar 20205 years ago
Contract Period
31 Mar 2020 - 1 Apr 2021 1-2 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 EXETER
Contact Name
Jodie Underhay
Contact Email
j.underhay@exeter.ac.uk
Contact Phone
+44 1392723072

Buyer Location

Locality
EXETER
Postcode
EX4 4QH
Post Town
Exeter
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK4 Devon
Small Region (ITL 3)
TLK43 Devon CC
Delivery Location
TLK South West (England)

Local Authority
Exeter
Electoral Ward
Duryard and St James
Westminster Constituency
Exeter

Supplier Information

Number of Suppliers
5
Supplier Names

ALLIANZ INSURANCE

MAVEN PUBLIC SECTOR

RISK MANAGEMENT PARTNERS

ROYAL SUN & ALLIANCE INSURANCE

ZURICH INSURANCE PLC (UK BRANCH) (TRADING AS ZURICH MUNICIPAL

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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