Award

Insurance Services

UNIVERSITY OF NOTTINGHAM (THE)

This public procurement record has 2 releases in its history.

AwardUpdate

08 Aug 2022 at 10:51

Award

08 Aug 2022 at 10:47

Summary of the contracting process

The University of Nottingham initiated a procurement process for Insurance Services, specifically seeking qualified suppliers for the provision of various insurance policies, including Professional Indemnity, Directors and Officers, and Crime Insurance. This tender concluded on 1 June 2022, with the contract period starting on 1 August 2022 and running until 31 July 2023. The procurement was conducted using a selective method via a call-off from a framework agreement and falls under the financial and insurance services category, serving the East Midlands region of the United Kingdom. The value of the awarded contract totals £255,000 and was awarded on 1 July 2022, as documented in the official award notice published on 8 August 2022.

This tender offers significant opportunities for small and medium-sized enterprises (SMEs) specialising in insurance and related services, particularly those with experience in the financial lines domain. Businesses that provide professional indemnity and directors' insurance would be particularly well-suited to participate in future tenders of this nature. Engaging with the University of Nottingham not only allows for potential contract growth but also establishes a long-term relationship with a leading educational institution, enhancing visibility and reputation in the market.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Insurance Services

Notice Description

Awarded - The University requests tenders from sufficiently experienced and qualified Suppliers for the provision of insurance policies for the University of Nottingham and its subsidiary companies. Lot 1 - Professional Indemnity Lot 2 - Directors and Officers Lot 3 - Crime Insurance

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-87862a94-7fcc-4b3e-90fe-5cba4cee0968
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6e0076ce-5c18-48b3-9b2a-4d830523dfb6
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£255,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Aug 20223 years ago
Submission Deadline
1 Jun 2022Expired
Future Notice Date
Not specified
Award Date
30 Jun 20223 years ago
Contract Period
31 Jul 2022 - 31 Jul 2023 6-12 months
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 NOTTINGHAM (THE)
Contact Name
Elizabeth Wheable
Contact Email
procurement@nottingham.ac.uk
Contact Phone
Not specified

Buyer Location

Locality
NOTTINGHAM
Postcode
NG7 2NR
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
TLF East Midlands (England)

Local Authority
Nottingham
Electoral Ward
Lenton & Wollaton East
Westminster Constituency
Nottingham South

Supplier Information

Number of Suppliers
1
Supplier Name

ROYAL & SUN ALLIANCE INSURANCE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-87862a94-7fcc-4b3e-90fe-5cba4cee0968-2022-08-08T11:51:50+01:00",
    "date": "2022-08-08T11:51:50+01:00",
    "ocid": "ocds-b5fd17-87862a94-7fcc-4b3e-90fe-5cba4cee0968",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "1737 ITT EW",
        "title": "Insurance Services",
        "description": "Awarded - The University requests tenders from sufficiently experienced and qualified Suppliers for the provision of insurance policies for the University of Nottingham and its subsidiary companies. Lot 1 - Professional Indemnity Lot 2 - Directors and Officers Lot 3 - Crime Insurance",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66000000",
            "description": "Financial and insurance services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "East Midlands",
                        "countryName": "United Kingdom"
                    },
                    {
                        "region": "East Midlands",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2022-06-01T12:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2022-08-01T00:00:00+01:00",
            "endDate": "2023-07-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/aBpQ89jk",
            "name": "UNIVERSITY OF NOTTINGHAM (THE)",
            "identifier": {
                "legalName": "UNIVERSITY OF NOTTINGHAM (THE)",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/aBpQ89jk"
            },
            "address": {
                "streetAddress": "Kings Meadow Campus, Lenton Lane",
                "locality": "NOTTINGHAM",
                "postalCode": "NG72NR",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Elizabeth Wheable",
                "email": "procurement@nottingham.ac.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-00093792",
            "name": "Royal & Sun Alliance Insurance Limited",
            "identifier": {
                "legalName": "Royal & Sun Alliance Insurance Limited",
                "scheme": "GB-COH",
                "id": "00093792"
            },
            "address": {
                "streetAddress": "St Marks Court, Chart Way, Horsham, West Sussex, RH12 1XL"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/aBpQ89jk",
        "name": "UNIVERSITY OF NOTTINGHAM (THE)"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-87862a94-7fcc-4b3e-90fe-5cba4cee0968-1",
            "status": "active",
            "date": "2022-07-01T00:00:00+01:00",
            "datePublished": "2022-08-08T11:47:35+01:00",
            "value": {
                "amount": 255000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-00093792",
                    "name": "Royal & Sun Alliance Insurance Limited"
                }
            ],
            "contractPeriod": {
                "startDate": "2022-08-01T00:00:00+01:00",
                "endDate": "2023-07-31T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/6e0076ce-5c18-48b3-9b2a-4d830523dfb6",
                    "datePublished": "2022-08-08T11:47:35+01:00",
                    "format": "text/html",
                    "language": "en",
                    "dateModified": "2022-08-08T11:51:50+01:00"
                }
            ]
        }
    ]
}