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Staff Absence Insurance

STAFFORDSHIRE UNIVERSITY ACADEMIES TRUST

This public procurement record has 1 release in its history.

Award

06 Sep 2024 at 13:44

Award Notice
Summary of the contracting process

The procurement process for Staff Absence Insurance, coordinated by the Staffordshire University Academies Trust, pertains to the provision of insurance services for 13 primary schools within the West Midlands, United Kingdom. Classified under CPV code 66510000, this tender engages in the services category and follows a selective procurement method through a call-off from a framework agreement. The tender phase concluded on 29th May 2024, with the contract period commencing on 1st September 2024 and ending on 31st August 2025. The total value of the contract is £76,745.48 GBP, and the award was published on 6th September 2024, aligning with the contract's active start date of 16th July 2024.

This tender offers significant opportunities for businesses specialising in insurance services, particularly those capable of providing comprehensive cover for institutions within the education sector. Smaller and medium-sized enterprises (SMEs) could find this contract beneficial as the procurement process considered the suitability of SMEs. Firms with a solid track record in managing institutional insurances and meeting tight service agreements would be well-suited to compete. The awarded suppliers, Advisory Insurance Brokers Limited and Sovereign Risk Management Ltd, indicate that larger insurance providers also play a critical role in such sizeable contracts.

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Notice Information

Notice Title

Staff Absence Insurance

Notice Description

Staff absence insurance provision for 13 primary schools within the West Midlands.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b5975bfd-7c02-4ca6-a8dc-7979e69af7b0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4c423e31-8188-4f23-a8a8-3d5223842b49
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

66510000 - Insurance services

Notice Value(s)

Tender Value
£76,745 Under £100K
Lots Value
Not specified
Awards Value
£76,745 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
6 Sep 20241 years ago
Submission Deadline
29 May 2024Expired
Future Notice Date
Not specified
Award Date
16 Jul 20242 years ago
Contract Period
1 Sep 2024 - 31 Aug 2025 6-12 months
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
STAFFORDSHIRE UNIVERSITY ACADEMIES TRUST
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
STOKE ON TRENT
Postcode
ST4 2DF
Postcode Area
Stoke-on-Trent
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG2 Shropshire and Staffordshire
Small Region (ITL 3)
TLG23 Stoke-on-Trent
Delivery Location
TLG West Midlands (England)
Local Authority
Stoke-on-Trent
Electoral Ward
Hanley Park, Joiner's Square & Shelton
Westminster Constituency
Stoke-on-Trent Central

Supplier Information

Number of Suppliers
2
Supplier Names

Advisory Insurance Brokers Limited

Sovereign Risk Management Ltd

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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