Award

Insurance

UNIVERSITY OF SUSSEX(THE)

This public procurement record has 1 release in its history.

Award

02 Aug 2024 at 10:25

Summary of the contracting process

The University of Sussex has completed a procurement process for comprehensive insurance services, which includes cover and brokerage across several categories such as Material Damage, Employers' Liability, Public/Products Liability, and Medical Malpractice. The tender titled "Insurance" falls under the industry category of "Insurance services" (CPV code 66510000) and was awarded via the Teckal Exemption method. The contract has been awarded to U.M. Association Ltd, with a total value of £2,222,354 GBP. The procurement stage is marked as the Award stage, with the contract officially starting on 1st August 2024 and concluding on 31st July 2027. The primary location for service delivery is Brighton, England, postcode BN1 9RH.

This tender presents significant opportunities for growth for businesses offering insurance brokerage and comprehensive cover services, especially those prepared to handle complex and high-value contracts. Large insurance firms with capabilities in providing tailored insurance solutions across diverse risk categories would find this contract aligning with their service offerings. Companies with strength in handling university-specific insurance needs, including specialised collections and clinical trial protections, will be particularly well-suited to compete in similar tenders in the future.

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

Notice Description

Comprehensive insurance cover and brokerage via wholly owned subsidiary. Includes - Material Damage (including Contractors All Risk and Business Interruption) Terrorism Fine Art (Special Collections) Employers' Liability Public/Products Liability Governors' Directors' and Officers' Liability Professional Indemnity Clinical Trials Medical Malpractice Hirer's Liability Travel

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-87a54037-2ac2-48c6-8b23-febbb0997a6b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/46a2e073-32e7-4a79-aac3-07820c9a5fef
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Awarded via Teckal Exemption
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£2,222,354 £1M-£10M
Lots Value
Not specified
Awards Value
£2,222,354 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
2 Aug 20241 years ago
Submission Deadline
1 Jul 2024Expired
Future Notice Date
Not specified
Award Date
29 Jul 20241 years ago
Contract Period
31 Jul 2024 - 31 Jul 2027 2-3 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 SUSSEX(THE)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BRIGHTON
Postcode
BN1 9RH
Post Town
Brighton
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ21 Brighton and Hove
Delivery Location
Not specified

Local Authority
Brighton and Hove
Electoral Ward
Coldean & Stanmer
Westminster Constituency
Brighton Pavilion

Supplier Information

Number of Suppliers
1
Supplier Name

U.M.ASSOCIATION

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-b5fd17-87a54037-2ac2-48c6-8b23-febbb0997a6b-2024-08-02T11:25:33+01:00",
    "date": "2024-08-02T11:25:33+01:00",
    "ocid": "ocds-b5fd17-87a54037-2ac2-48c6-8b23-febbb0997a6b",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "US_23077",
        "title": "Insurance",
        "description": "Comprehensive insurance cover and brokerage via wholly owned subsidiary. Includes - Material Damage (including Contractors All Risk and Business Interruption) Terrorism Fine Art (Special Collections) Employers' Liability Public/Products Liability Governors' Directors' and Officers' Liability Professional Indemnity Clinical Trials Medical Malpractice Hirer's Liability Travel",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66510000",
            "description": "Insurance services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "postalCode": "bn1 9rh"
                    }
                ]
            }
        ],
        "value": {
            "amount": 2222354,
            "currency": "GBP"
        },
        "procurementMethodDetails": "Other - Awarded via Teckal Exemption",
        "tenderPeriod": {
            "endDate": "2024-07-01T12:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2024-08-01T00:00:00+01:00",
            "endDate": "2027-07-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/n6P4ErCA",
            "name": "UNIVERSITY OF SUSSEX(THE)",
            "identifier": {
                "legalName": "UNIVERSITY OF SUSSEX(THE)",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/n6P4ErCA"
            },
            "address": {
                "streetAddress": "Sussex House",
                "locality": "BRIGHTON",
                "postalCode": "BN19RH",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Kelly Feldman",
                "email": "k.feldman@sussex.ac.uk",
                "telephone": "01273 678143"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-2731799",
            "name": "U.M.Association Ltd",
            "identifier": {
                "legalName": "U.M.Association Ltd",
                "scheme": "GB-COH",
                "id": "2731799"
            },
            "address": {
                "streetAddress": "5 St. Helen's Place, London, United Kingdom, EC3A 6AB"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/n6P4ErCA",
        "name": "UNIVERSITY OF SUSSEX(THE)"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-87a54037-2ac2-48c6-8b23-febbb0997a6b-1",
            "status": "active",
            "date": "2024-07-30T00:00:00+01:00",
            "datePublished": "2024-08-02T11:25:33+01:00",
            "value": {
                "amount": 2222354,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-2731799",
                    "name": "U.M.Association Ltd"
                }
            ],
            "contractPeriod": {
                "startDate": "2024-08-01T00:00:00+01:00",
                "endDate": "2027-07-31T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/46a2e073-32e7-4a79-aac3-07820c9a5fef",
                    "datePublished": "2024-08-02T11:25:33+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}