Tender

Provision of Insurance Services

UNIVERSITY OF CUMBRIA

This public procurement record has 3 releases in its history.

TenderAmendment

30 Apr 2019 at 14:00

TenderAmendment

30 Apr 2019 at 14:00

Tender

30 Apr 2019 at 14:00

Summary of the contracting process

The University of Cumbria is currently conducting a tender process titled "Provision of Insurance Services," aimed at procuring insurance services in accordance with the Public Contracts Regulations 2015. This procurement process falls under the services category, specifically within the insurance services industry. The tender period is set to close on 10th May 2019, with contracts expected to commence on 1st August 2019 for a duration of three years, potentially extendable for an additional two years. This tender operates under a selective procurement method via the Crown Commercial Services Framework Agreement Version II (RM3731), with delivery addresses located in Cumbria, North West England.

This tender presents a significant opportunity for businesses offering insurance services, especially in specialised areas such as property combined, professional indemnity, and motor insurance. Companies that have experience in servicing public sector needs, demonstrated claims handling capabilities, and those prepared to submit competitive offers based on the evaluation criteria will be well-positioned to compete. Small and medium-sized enterprises (SMEs) are encouraged to participate, making this a beneficial opportunity for such organisations looking to expand their portfolios in the public procurement space.

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Notice Title

Provision of Insurance Services

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 Additional information: Is a Recurrent Procurement Type? : No

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-fce2e5d4-1087-4049-88d3-24a390453298
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c7749d59-fe73-4fe5-898c-471dc0d28bab
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Not specified

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 Apr 20196 years ago
Submission Deadline
10 May 2019Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Jul 2019 - 31 Jul 2022 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF CUMBRIA
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

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

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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