Award

NU/1478 The Provision of Personal Accident & Travel Insurance

NEWCASTLE UNIVERSITY

This public procurement record has 1 release in its history.

Award

26 Jul 2019 at 09:24

Award Notice
Summary of the contracting process

Newcastle University is issuing a tender titled "NU/1478 The Provision of Personal Accident & Travel Insurance," focused on securing insurance services related to transport. The tender falls under the services category and has an estimated contract value of £529,636. The procurement process, conducted via an open procedure, is at the award stage, with the contract expected to commence on 1st August 2019 and run until 31st July 2023. The tender period closed on 24th May 2019, specifying delivery to the North East region of the United Kingdom.

This tender presents significant opportunities for businesses in the insurance sector, particularly those specialising in transport-related policies such as personal accident, marine, aviation, and motor vehicle insurance. Companies with expertise in claims handling and competitive premium offerings would be well-suited to compete for this contract, benefitting from Newcastle University's commitment to finding the most economically advantageous solutions for their insurance needs.

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Notice Information

Notice Title

NU/1478 The Provision of Personal Accident & Travel Insurance

Notice Description

The University is tendering for the provision of Personal Accident Travel Insurance Services. The University seek the most economically advantageous response in terms of premium cost, extent of cover and claims handling. The relevant policy falls due for renewal on the 1st August 2019.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-56582b0a-8f25-442c-914f-8398ab262b5b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a2b4cc44-f1c6-4b80-a21c-62c09110005b
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66514100 - Insurance related to Transport

66514110 - Motor vehicle insurance services

66514120 - Marine, aviation and other transport insurance services

66514130 - Railway insurance services

66514140 - Aircraft insurance services

66514150 - Vessel insurance services

Notice Value(s)

Tender Value
£529,636 £500K-£1M
Lots Value
Not specified
Awards Value
£529,636 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
26 Jul 20196 years ago
Submission Deadline
24 May 2019Expired
Future Notice Date
Not specified
Award Date
14 Jul 20196 years ago
Contract Period
31 Jul 2019 - 31 Jul 2020 1-2 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
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)
Local Authority
Newcastle upon Tyne
Electoral Ward
Monument
Westminster Constituency
Newcastle upon Tyne Central and West

Supplier Information

Number of Suppliers
1
Supplier Name

RISK MANAGEMENT PARTNERS

Further Information

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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