Award

LUPC Provision of Insurance Services (excluding Broking Services)

LONDON UNIVERSITIES PURCHASING CONSORTIUM

This public procurement record has 1 release in its history.

Award

30 Aug 2022 at 17:40

Summary of the contracting process

The London Universities Purchasing Consortium has completed a tender process for the provision of Insurance Services (excluding Broking Services) on behalf of the Insurance Group, consisting of around 35 participating institutions. The contract, set to start on 1st August 2022, will last initially for three years with the possibility of a two-year extension. The procurement method used was an Open Procedure, with the tender period ending on 29th April 2022. The main procurement category is services under the CPV code 66510000.

This tender presents an opportunity for businesses to provide a wide range of insurance services to the participating institutions within the Insurance Group. Companies in the insurance services sector, especially those with experience in serving consortiums and large institutions, are well-suited to compete for this contract. The awarded contract period runs from 1st August 2022 to 31st July 2027, providing a stable long-term opportunity for growth and expansion within the insurance services industry.

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Notice Title

LUPC Provision of Insurance Services (excluding Broking Services)

Notice Description

London Universities Purchasing Consortium (LUPC), a company limited by guarantee, is undertaking this tendering process in accordance with the Open Procedure requirements of the Public Contracts Regulation 2015 for and on behalf of the Insurance Group (IG), a group of around 35 participating institutions, principally made up of members of LUPC (https://www.lupc.ac.uk/members/our-members) together with a number of SUPC institutions (http://www.supc.ac.uk/our-members/) and one NWUPC institution (https://www.nwupc.ac.uk/ourmembers). It is also possible that at some point within the lifetime of the agreement it may be used by Members (full and associate) of the NEUPC (http://www.neupc.ac.uk/who-are-ourmembers). The appointed provider(s) will commence service 1 August 2022 and arrange the provision of a wide range of insurance services on behalf of the IG. The initial length of this non-framework contract is three years with the option to extend two further years subject to satisfactory performance.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-afbb8607-b771-4fbc-a3bf-0f2d181be3f1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0c539884-4996-40d9-abc5-470f95edfe16
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
30 Aug 20223 years ago
Submission Deadline
29 Apr 2022Expired
Future Notice Date
Not specified
Award Date
31 Jul 20223 years ago
Contract Period
31 Jul 2022 - 31 Jul 2027 Over 5 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
LONDON UNIVERSITIES PURCHASING CONSORTIUM
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
W1T 7NZ
Post Town
West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI36 Camden
Delivery Location
Not specified

Local Authority
Camden
Electoral Ward
Bloomsbury
Westminster Constituency
Holborn and St Pancras

Supplier Information

Number of Suppliers
7
Supplier Names

ARK SYNDICATE MANAGEMENT LTD T/A TRAFALGAR CONSORTIUM

ARTHUR J GALLAGHER (UK

ARTHUR J. GALLAGHER INSURANCE BROKERS

NORDIC FÖRSÄKRING & RISKHANTERING AB TRADING

PROTECTOR INSURANCE

RISK MANAGEMENT PARTNERS

ROYAL AND SUN ALLIANCE INSURANCE

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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