Award

Insurance Premium 2024/25

THE UNIVERSITY OF BIRMINGHAM

This public procurement record has 1 release in its history.

Award

05 Nov 2024 at 14:36

Summary of the contracting process

The University of Birmingham has concluded a procurement process for "Insurance Premium 2024/25" under the services industry category, specifically insurance services (CPV code 66510000). The process has reached the award stage, with the contract awarded to Hasilwood Management Services Limited. The tender, identified by "FP13012/24," was completed with a total value of £539,289.48, and falls within the Edgbaston, Birmingham area (B15 2TT). Key dates include the tender period ending on 18 August 2024, and the contract period spanning from 19 August 2024 to 19 August 2025.

This tender offers significant opportunities for growth, particularly for small and medium-sized enterprises (SMEs) involved in the provision of insurance services. Given the substantial contract value and the prestigious nature of the awarding institution, businesses in this sector stand to benefit from increased exposure and reputational enhancement. The procurement method used was "Other - Services-EU-VEAT," indicating a non-standard procedure tailored to specific service requirements. SMEs eligible to compete in such tenders can leverage their specialised services to meet complex needs efficiently, fostering growth and market presence.

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Notice Title

Insurance Premium 2024/25

Notice Description

Insurance Premium 2024/25

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ef2d4db4-589a-4fdb-89ee-4aa36a9e1558
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/77dab182-904e-41d6-ad13-28f97d3a42af
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Services-EU-VEAT
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£539,289 £500K-£1M
Lots Value
Not specified
Awards Value
£539,289 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
5 Nov 20241 years ago
Submission Deadline
18 Aug 2024Expired
Future Notice Date
Not specified
Award Date
19 Aug 20241 years ago
Contract Period
18 Aug 2024 - 19 Aug 2025 1-2 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
THE UNIVERSITY OF BIRMINGHAM
Contact Name
Richard Holmes
Contact Email
r.holmes@bham.ac.uk
Contact Phone
01214143344

Buyer Location

Locality
BIRMINGHAM
Postcode
B15 2TT
Post Town
Birmingham
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
Not specified

Local Authority
Birmingham
Electoral Ward
Edgbaston
Westminster Constituency
Birmingham Edgbaston

Supplier Information

Number of Suppliers
1
Supplier Name

HASILWOOD MANAGEMENT SERVICES

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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