Award

UWQ252 Insurance Broker - AWARD

UNIVERSITY OF WORCESTER

This public procurement record has 1 release in its history.

Award

23 Jan 2025 at 16:13

Summary of the contracting process

The University of Worcester has successfully completed the procurement process for appointing an insurance broker to assist and provide advice on all aspects relating to the University's insurance. This process, titled "UWQ252 Insurance Broker - AWARD," utilised Lot 1 of the CCS framework agreement RM6020 for Insurance and Related Services 3 and followed a restricted procedure method. The tender reached the award stage on 11th November 2022, with the contract period commencing on 1st December 2022 and concluding on 30th November 2025. The procurement falls under the services category, specifically insurance brokerage services, with the primary delivery address located at Henwick Grove, Worcester, WR2 6AJ, UK.

This tender presents significant growth opportunities for businesses specialising in insurance brokerage services. Griffiths & Armour, the awarded supplier, will engage in an extensive contract valued at £60,000 over three years. Companies with expertise in delivering comprehensive insurance advice and services, particularly those able to navigate the complexities of university insurance requirements, are well-positioned for such contracts. Although the tender did not prioritise SMEs or VCSEs, it remains an attractive prospect for established businesses in the insurance sector looking to expand their public sector clientele.

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Notice Title

UWQ252 Insurance Broker - AWARD

Notice Description

The University of Worcester is looking to appoint a broker to assist and provide advise on all aspects relating to insurance of the University of Worcester. This mini-competition is being conducted using Lot 1 of CCS framework agreement RM6020 Insurance and Related Services 3.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4db18e0f-37e8-466f-bf4d-5169609840e9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8bf6f110-d00d-419e-83c5-7c4e43ad7823
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
Not specified
Awardee Scale
Not specified

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
£60,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
23 Jan 20251 years ago
Submission Deadline
29 Jul 2022Expired
Future Notice Date
Not specified
Award Date
11 Nov 20223 years ago
Contract Period
1 Dec 2022 - 30 Nov 2025 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 WORCESTER
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WORCESTER
Postcode
WR2 6AJ
Post Town
Worcester
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG1 Herefordshire, Worcestershire and Warwickshire
Small Region (ITL 3)
TLG12 Worcestershire CC
Delivery Location
Not specified

Local Authority
Worcester
Electoral Ward
St Clement
Westminster Constituency
Worcester

Supplier Information

Number of Suppliers
1
Supplier Name

GRIFFITHS & ARMOUR

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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