Award

Provision of Insurance Services - AWARD

UNIVERSITY OF CUMBRIA

This public procurement record has 1 release in its history.

Award

26 Jul 2019 at 08:21

Summary of the contracting process

The University of Cumbria has completed the procurement process for the provision of insurance services, with the award announced on 25th July 2019. This tender falls under the services category, and the contract period commences on 1st August 2019, lasting for three years, with the option of two 1-year extensions. The procurement was executed via a selective method, specifically a restricted procedure, with a deadline for tender submissions on 10th May 2019. The procurement is in compliance with the Public Contracts Regulations 2015 and was facilitated through the Crown Commercial Services Framework Agreement (RM3731).

This tender presents significant opportunities for businesses specialising in various insurance services, such as property, liability, and engineering insurance. Companies that are well-equipped to handle public sector contracts will find this tender particularly advantageous. Moreover, small and medium-sized enterprises (SMEs) are encouraged to compete, as the procurement process is designed to evaluate multiple bids across specified work packages, allowing for a broad range of service offerings to meet the requirements set out by the University of Cumbria.

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Notice Title

Provision of Insurance Services - AWARD

Notice Description

The University of Cumbria is inviting Tenders for the purpose of procuring insurances services as detailed in Section 4 of this Invitation to Tender (ITT) .This procurement will be conducted in accordance the requirements of the Public Contracts Regulations 2015 and with an estimated value above the threshold for a public service contract. Please note that this insurance tender is being run though the Crown Commercial Services (CCS) Framework Agreement Version II (RM3731). This ITT contains further information about the procurement process, the Services, and Award Criteria. Each Tenderer's response (Tender) should be detailed enough to allow the Client to make an informed selection of the most appropriate solution. Cover will be awarded on the basis of the most economically advantageous terms to the Client, with criteria such as price, provision of required cover, claims handling, value added service and experience of underwriting and servicing Client risks within Public Sector all being considered. Details of the structure of the contract award criteria are given in Section Two - Contract Award Criteria, with each Lot containing its specific Award Criterion. The Client proposes to enter into one or more Contract(s) for a period of 3 years (with the option to extend for two further periods of one year) with the successful Tenderer(s) (Supplier). The service commencement date is 1st August 2019. The Services have been divided into work packages (Lots) and Tenderers are invited to bid for all or any of the following Lots: Lot 1: Property Combined Lot 2: Computer Lot 3 Combined Liability Lot 4: Excess Public Liability Lot 5: Professional Indemnity Lot 6: Director's & Officers Liability Lot 7: Crime Lot 8: Motor Lot 9: Personal Accident and Travel Lot 10: Combined Engineering Lot 11: Contract Works

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-eb808c36-27ab-4e85-9a45-06f49b723983
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3dcfbf34-f748-47b8-bdcf-72d468d9b420
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
26 Jul 20196 years ago
Submission Deadline
10 May 2019Expired
Future Notice Date
Not specified
Award Date
24 Jul 20196 years ago
Contract Period
31 Jul 2019 - 31 Jul 2022 3-4 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
UNIVERSITY OF CUMBRIA
Contact Name
Dawn Davidson
Contact Email
dawn.davidson@cumbria.ac.uk
Contact Phone
01228 616265

Buyer Location

Locality
CUMBRIA
Postcode
CA1 2HH
Post Town
Carlisle
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD1 Cumbria
Small Region (ITL 3)
TLD13 Cumberland
Delivery Location
TLD North West (England)

Local Authority
Cumberland
Electoral Ward
Castle
Westminster Constituency
Carlisle

Supplier Information

Number of Suppliers
3
Supplier Names

ALLIANZ INSURANCE

RISK MANAGEMENT PARTNERS

ZURICH MUNICIPAL

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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