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Insurance Broker Services

UNIVERSITY OF PLYMOUTH

This public procurement record has 1 release in its history.

Award

09 Aug 2023 at 11:27

Award Notice
Summary of the contracting process

The University of Plymouth has awarded a contract for Insurance Broker Services. The procurement method was selective, involving calling off from a framework agreement. The contract value is £22,500 GBP, with a minimum value of £15,000 GBP. The tender period ended on 31st May 2023, and the contract is scheduled to start on 1st June 2023, lasting until 31st May 2026. The procurement aimed to procure insurance brokerage services in the CPV category of 66518100 in Plymouth, England.

This tender by the University of Plymouth for insurance brokerage services presents growth opportunities for SMEs in the insurance sector. Businesses specialising in insurance, particularly in areas like art, clinical trials, cyber, engineering, marine, and special risks, would find this tender suitable. The University's procurement approach focused on engaging suppliers through a selective procurement method, creating a competitive environment for eligible insurance brokerage firms.

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Notice Information

Notice Title

Insurance Broker Services

Notice Description

Art, Clinical trials, Cyber, Engineering, Marine, Special risks, Travel, also tender for the University's other insurance property, indemnity. Motor, crime and Liability insurances when due.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9c65ebe8-e565-441f-882c-1ecf2025610a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f2b30937-39b4-4fc3-be1b-f04f30385bf9
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

66518100 - Insurance brokerage services

Notice Value(s)

Tender Value
£22,500 Under £100K
Lots Value
Not specified
Awards Value
£22,500 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
9 Aug 20233 years ago
Submission Deadline
31 May 2023Expired
Future Notice Date
Not specified
Award Date
18 May 20233 years ago
Contract Period
1 Jun 2023 - 31 May 2026 3-4 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 PLYMOUTH
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
PLYMOUTH
Postcode
PL4 8AA
Postcode Area
Plymouth
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK4 Devon
Small Region (ITL 3)
TLK41 Plymouth
Delivery Location
Not specified
Local Authority
Plymouth
Electoral Ward
Drake
Westminster Constituency
Plymouth Sutton and Devonport

Supplier Information

Number of Suppliers
1
Supplier Name

Arthur J. Gallagher Insurance Brokers Limited

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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