Tender

Insurance Services 2021 (Excluding Brokerage)

THE UNIVERSITY OF NOTTINGHAM

This public procurement record has 3 releases in its history.

TenderAmendment

15 Mar 2021 at 08:17

TenderAmendment

15 Mar 2021 at 08:17

Tender

15 Mar 2021 at 08:16

Summary of the contracting process

The University of Nottingham is currently seeking bids for its Insurance Services 2021 procurement, specifically for Property, Liability, Motor, Personal Accident and Travel and Computer Insurance policies. Each policy is being treated as a separate lot, allowing insurers to bid individually. The tender is classified under the insurance services category (CPV code: 66510000) and has a total estimated value of £6.5 million, with a minimum contract value of £5 million. The procurement is being conducted through an open procedure, with a deadline for tender submissions set for 11th May 2021. The contract period is scheduled to commence on 1st August 2021 and conclude on 1st July 2022. The contractual location is primarily Nottingham (NG7 2RN) but is open to various UK and international delivery addresses.

This tender presents substantial opportunities for insurers and mutual organisations, including discretionary mutuals, to expand their portfolios in the public sector. Given the diverse nature of insurance policies required, businesses specialising in property, liability, motor, and travel insurance will find this procurement particularly suited to their expertise. With individual lots available, firms of various sizes can participate, enabling both established insurers and smaller entities to compete effectively for contracts that align with their capabilities.

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Notice Title

Insurance Services 2021 (Excluding Brokerage)

Notice Description

Insurance services 2021 - The University of Nottingham is requesting bids for its Property, Liability, Motor, Personal Accident and Travel and Computer Insurance policies. Each policy is a separate lot and insurers may bid for policies individually. Bids are welcome from insurers and mutual organisations (including discretionary mutuals). All bids must comply with the tender requirements Additional information: For more information regarding PROC LSB ITT/1334 and access to the tender documentation please register at the below link https://in-tendhost.co.uk/universityofnottingham/aspx/Home Is a Recurrent Procurement Type? : No

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7be50c87-96cd-4eca-a32a-26701466fae2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/010f4c5d-6bcf-4b2a-8bed-f457ce2d4241
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
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
£6,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
15 Mar 20214 years ago
Submission Deadline
11 May 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Aug 2021 - 1 Jul 2022 6-12 months
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
THE UNIVERSITY OF NOTTINGHAM
Contact Name
Leanne Bryant
Contact Email
bbzlsb@exmail.nottingham.ac.uk
Contact Phone
01159513635

Buyer Location

Locality
NOTTINGHAMSHIRE
Postcode
NG7 2RN
Post Town
Nottingham
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF14 Nottingham
Delivery Location
Not specified

Local Authority
Nottingham
Electoral Ward
Radford
Westminster Constituency
Nottingham South

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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