Award

Annual Cyber insurance policy 2024-2025

UNIVERSITY OF BEDFORDSHIRE

This public procurement record has 1 release in its history.

Award

07 Oct 2024 at 09:18

Award Notice
Summary of the contracting process

The University of Bedfordshire has completed the procurement process for its Annual Cyber insurance policy for 2024-2025, classified under the insurance services category (CPV code 66510000). The contracting authority, located in Luton, England, utilised a direct procurement method through a single tender action. Key dates include the tender period ending on 23rd August 2024 and the contract period spanning from 9th September 2024 to 10th September 2025. The contract, valued at £39,000, was awarded to Hasilwood Management Services Ltd., an SME and VCSE organisation based in London, on 2nd September 2024. The procurement has now reached the award stage, with the award notice published on 7th October 2024.

This tender offers substantial growth opportunities for businesses specialising in insurance services, particularly those classified as SMEs or VCSEs. By catering to the cyber insurance needs of academic institutions, businesses can establish a presence in the education sector and expand their portfolio by securing long-term contracts with universities. Companies experienced in providing cyber insurance solutions and possessing a robust understanding of the unique requirements of academic institutions would be well-suited to compete for similar tenders in the future.

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Notice Information

Notice Title

Annual Cyber insurance policy 2024-2025

Notice Description

Annual Cyber insurance policy 2024-2025

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-934614d2-37ad-4c2d-a5c3-954ca7cd6c64
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/23bfbf69-4b32-4cac-b01a-aff01e78eb52
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£39,000 Under £100K
Lots Value
Not specified
Awards Value
£39,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
7 Oct 20241 years ago
Submission Deadline
23 Aug 2024Expired
Future Notice Date
Not specified
Award Date
1 Sep 20241 years ago
Contract Period
8 Sep 2024 - 10 Sep 2025 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
UNIVERSITY OF BEDFORDSHIRE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LUTON
Postcode
LU1 3JU
Post Town
Luton
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH21 Luton
Delivery Location
Not specified
Local Authority
Luton
Electoral Ward
Central
Westminster Constituency
Luton South and South Bedfordshire

Supplier Information

Number of Suppliers
1
Supplier Name

HASILWOOD MANAGEMENT SERVICES

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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