Award

Tender for the Provision of Insurance Brokerage and Associated Services

THE QUALITY ASSURANCE AGENCY FOR HIGHER EDUCATION

This public procurement record has 3 releases in its history.

Award

13 Dec 2023 at 13:54

Award Notice
TenderAmendment

16 Oct 2023 at 09:20

Tender Notice
Tender

16 Oct 2023 at 08:41

Tender Notice
Summary of the contracting process

The Quality Assurance Agency for Higher Education (QAA) is inviting tenders for the Provision of Insurance Brokerage and Associated Services. This procurement is aimed at appointing a single insurance broker with experience in supporting charities and higher education. The tender, with a value of £240,000, has a tender period ending on 13th November 2023 and a contract period from 11th December 2023 to 10th December 2026. Businesses interested in this opportunity should note that the buying organisation is QAA, located in Gloucester, England. The procurement stage is currently in the 'Active' status.

This tender by QAA for insurance services presents an opportunity for businesses, particularly those with experience in insurance brokerage for charities and higher education sectors, to expand their portfolio. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations are well-suited to compete. The procurement method is an open procedure above the threshold, providing a fair chance for eligible businesses to participate and offer their services. The contract period extending up to 2026 offers stability and the potential for long-term business growth for successful bidders.

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Notice Information

Notice Title

Tender for the Provision of Insurance Brokerage and Associated Services

Notice Description

QAA is seeking to appoint a single insurance broker, with experience of supporting charities and the higher education sector, to act on its behalf in matters relating to insurance for an initial term of 3 years with an option to extend for a further 2 years. This procurement will be managed electronically by QAA's Facilities & Compliance Team. To participate, please email your tender submission to Facilities@qaa.ac.uk by 5pm on Monday, 13th November 2023.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ea1a00ff-2ffa-4351-9bbb-e2e2204d45bd
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/29dea3c7-2331-4434-804c-3ec6a4040297
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£240,000 £100K-£500K
Lots Value
Not specified
Awards Value
£240,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Dec 20232 years ago
Submission Deadline
13 Nov 2023Expired
Future Notice Date
Not specified
Award Date
22 Nov 20232 years ago
Contract Period
11 Dec 2023 - 10 Dec 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
THE QUALITY ASSURANCE AGENCY FOR HIGHER EDUCATION
Contact Name
QAA Facilities & Compliance Team
Contact Email
facilities@qaa.ac.uk
Contact Phone
01452557000

Buyer Location

Locality
GLOUCESTER
Postcode
GL1 1UB
Post Town
Gloucester
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK73 Gloucestershire CC
Delivery Location
Not specified
Local Authority
Gloucester
Electoral Ward
Westgate
Westminster Constituency
Gloucester

Supplier Information

Number of Suppliers
1
Supplier Name

ARTHUR J. GALLAGHER (UK

Further Information

Notice URLs

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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