Tender

NU/1896 General Insurances

NEWCASTLE UNIVERSITY

This public procurement record has 1 release in its history.

Tender

27 Apr 2023 at 13:33

Tender Notice
Summary of the contracting process

Newcastle University is inviting tenders for the provision of general insurance policies valued at £1,605,640. The contract covers various lots including Computer, Combined Liability, and Terrorism insurance. Providers can bid for one or multiple lots, with awards planned for each lot. The policies are set for renewal on 1st August 2023, with the tender deadline on 30th May 2023. The procurement stage is currently active under an open procedure for services in the insurance sector.

This tender by Newcastle University offers opportunities for insurance service providers to secure contracts for specific insurance lots. Businesses in the insurance industry specialising in Computer, Combined Liability, and Terrorism insurance are well-suited to compete. The contract period is set from 1st August 2023 to 31st July 2027, providing a long-term opportunity for interested parties to establish sustainable business relationships with the university.

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Notice Information

Notice Title

NU/1896 General Insurances

Notice Description

The University is tendering for the provision of insurance policies, the requirement does not include broker services. The contract shall be divided into the following lots: Lot 1 Computer Lot 2 Combined Liability Lot 3 Management Liability Lot 4 Crime Lot 5 Terrorism Lot 6 Personal Accident & Travel The University seek the most economically advantageous response in terms of premium cost, extent of cover and claims handling for each policy. Potential Providers can apply for one or multiple lots, one supplier will be awarded for each Lot. The relevant policies fall due for renewal on the 1st August 2023. Where a Potential Provider responds only to individual Lots as requested, then the University may clarify with the Potential Provider to ascertain if a discount is offered if a specified set or number of Lots / policies are purchased from the same Potential Provider.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-31c66a55-3188-4f65-a593-a19882ebaeec
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f30d5b72-36dd-4bf0-a5ea-1ed29ffff223
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£1,605,640 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
27 Apr 20232 years ago
Submission Deadline
30 May 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Jul 2023 - 31 Jul 2027 4-5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

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

Buyer Location

Locality
NEWCASTLE UPON TYNE
Postcode
NE1 7RU
Post Town
Newcastle upon Tyne
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Newcastle upon Tyne
Electoral Ward
Monument
Westminster Constituency
Newcastle upon Tyne Central and West

Further Information

Notice Documents

Notice URLs

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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