Tender

Insurance Services (excluding Brokers)

UNIVERSITY OF SUNDERLAND

This public procurement record has 10 releases in its history.

TenderAmendment

10 May 2023 at 08:36

TenderAmendment

10 May 2023 at 08:36

TenderAmendment

14 Apr 2023 at 10:53

TenderAmendment

14 Apr 2023 at 10:36

TenderAmendment

14 Apr 2023 at 10:36

TenderAmendment

14 Apr 2023 at 10:35

TenderAmendment

10 Mar 2023 at 07:06

TenderAmendment

09 Mar 2023 at 16:14

TenderAmendment

09 Mar 2023 at 16:14

Tender

09 Mar 2023 at 16:07

Summary of the contracting process

The University of Sunderland is seeking insurance services, excluding brokers, from FSA authorised companies or discretionary mutuals, with a contract period from August 2023 to July 2026, extendable to July 2028. The overall contract value is estimated at £1,500,000 to £2,000,000 over 5 years. The deadline for tender submissions is 12 noon on Monday 15th May 2023.

This tender by the University of Sunderland presents an opportunity for insurance companies to provide a range of insurance services. Businesses specialising in insurance, especially in property, liability, and professional services, are well-suited to compete. The procurement is at the tender stage and is open for interested suppliers to register before the submission deadline.

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Notice Title

Insurance Services (excluding Brokers)

Notice Description

The University of Sunderland and its subsidiaries are seeking value for money insurance services from August 2023 from FSA authorised insurance companies or discretionary mutuals. Policy cover is being sought for the following lots :- Lot 1 - Property damage including: Materials, Business Interruption, Works in Progress and Money Lot 2 - Combined liability, including : Employers Liability, Public & Product Liability, Hirers Liability, Libel & Slander Lot 3 - Professional Negligence including Libel & Slander Lot 4 - Motor Fleet Lot 5 - Crime Lot 6 - Engineering Inspection Lot 7 - Management Liability Lot 8 - Computer Lot 9 - Personal Accident & Travel The cover is expected to commence August 2023 to July 2026 (with up to 2 x 1 year extensions taking it to a possible July 2028). The overall contract value is estimated at GBP PS1,500,000 to PS2,000,000 over 5 years' note there are no guarantees on spend levels. We also reserve the right to spend an additional 75% of the original anticipated value, subject to changes to requirements across the University for the duration of the award. To register your interest please visit https://in-tendhost.co.uk/universityofsunderland/aspx/Home Suppliers who make an Expression of Interest will be asked to complete a confidentiality agreement prior to the tender documents being released. Deadline for receipt of tender submissions by 12 noon Monday 15th May 2023 Additional information: Via University of Sunderland In-Tend Portal - https://in-tendhost.co.uk/universityofsunderland/aspx/Home Upon an expression of interest suppliers will be sent a confidentiality agreement to return after being signed, once returned and have confirmed they are a FSA authorised insurance company or discretionary mutual we will then release the ITT documents Funding Type (WEFO or EU) : EU Funding Description Any commissions under this contract or framework maybe subject to external funding from bodies such as ERDF, DfE, Arts Council, Heritage Lottery Fund, LEP, etc and the successful supplier will be expected to work with the University on any funding applications where appropriate. This list of funding bodies is not exhaustive. Is a Recurrent Procurement Type? : No

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5bca40f4-5a98-44c9-9c83-18ba3ee71186
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/644fa865-bbbe-48e6-8561-c5b144ff2e2c
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 (above threshold)
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

66500000 - Insurance and pension services

66510000 - Insurance services

66511000 - Life insurance services

66512000 - Accident and health insurance services

66512100 - Accident insurance services

66516000 - Liability insurance services

66516100 - Motor vehicle liability insurance services

66516400 - General liability insurance services

66516500 - Professional liability insurance services

66517300 - Risk management insurance services

66519200 - Engineering insurance services

Notice Value(s)

Tender Value
£3,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
10 May 20232 years ago
Submission Deadline
15 May 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Aug 2023 - 31 Jul 2026 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

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

Buyer Location

Locality
SUNDERLAND
Postcode
SR1 3SD
Post Town
Sunderland
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC44 Sunderland
Delivery Location
TLC North East (England)

Local Authority
Sunderland
Electoral Ward
Millfield
Westminster Constituency
Sunderland Central

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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