Award

PPE Ref 6784 Direct Award of PPE for the Insurance policy for "diagnostic risk" for the Lighthouse Lab

UNIVERSITY OF GLASGOW

This public procurement record has 1 release in its history.

Award

22 Feb 2021 at 15:16

Summary of the contracting process

The University of Glasgow is conducting a procurement process for an insurance policy concerning "diagnostic risk" for its Lighthouse Laboratory in Glasgow. This direct award, classified underinsurance services and valued at £750,000, falls under the limited procurement method and was necessitated by extreme urgency due to the ongoing COVID-19 pandemic. The procurement phase was initiated on 22nd February 2021, and a relevant contract was signed on 25th January 2021. The final award is thus marked as complete, with the service expected to ensure robust risk management amidst changing operational requirements.

This tender presents significant opportunities for businesses specialising in insurance services, particularly those with capabilities in providing comprehensive coverage for high-risk operations in the healthcare sector. Companies equipped to respond to urgent procurement needs and those with a proven track record in negotiating flexible insurance solutions would be particularly well-positioned to compete. The urgency and specificity of this contract highlight the necessity for agile entities able to navigate the complexities of public sector procurement, which can ultimately foster business growth in the insurance market.

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Notice Title

PPE Ref 6784 Direct Award of PPE for the Insurance policy for "diagnostic risk" for the Lighthouse Lab

Notice Description

PPE Ref 6784 Direct Award of PPE for the Insurance policy for "diagnostic risk" for the Lighthouse Lab. Procurement Policy Exception form completed.

Lot Information

Lot 1

PPE Ref 6784 Direct Award of PPE for the Insurance policy for "diagnostic risk" for the Lighthouse Lab. The University of Glasgow has operated the COVID-19 testing centre, known as the Lighthouse Laboratory in Glasgow (LLiG), since April 2020 as part of the UK Government Lighthouse Laboratory network. The requirements for those services, and the basis on which those services are contracted, will shortly change as a requirement of the continually evolving emergency response to the COVID-19 pandemic. In order to ensure that its risks continue to be appropriately mitigated, the University has an urgent need to supplement its existing insurance cover. This additional cover is required as soon as is reasonably practicable. The mandatory requirements for this policy cover are limit of indemnity sum insured @ GBP 10 million any one occurrence and in the aggregate and insurance cover up to 6 years after time period. The University supported by its Insurance Broker Aon has undertaken market research to seek insurance providers to support its requirements on a quote process. Due to the urgency this direct award is justified as a direct award using Negotiate procedure without prior publication and is exempt under Regulations 33(1)(c) extreme urgency, of the Public Contract (Scotland) Regulations 2015. Procurement Policy Exception form completed.

Procurement Information

The University of Glasgow has operated the COVID-19 testing centre, known as the Lighthouse Laboratory in Glasgow (LLiG), since April 2020 as part of the UK Government Lighthouse Laboratory network. The requirements for those services, and the basis on which those services are contracted, will shortly change as a requirement of the continually evolving emergency response to the COVID-19 pandemic. In order to ensure that its risks continue to be appropriately mitigated, the University has an urgent need to supplement its existing insurance cover. This additional cover is required as soon as is reasonably practicable. The mandatory requirements for this policy cover are limit of indemnity sum insured @ 10 million GBP any one occurrence and in the aggregate and insurance cover up to 6 years after time period. The University supported by its Insurance Broker Aon has undertaken market research to seek insurance providers to support its requirements on a quote process. Due to the urgency this direct award is justified as a direct award using Negotiate procedure without prior publication and is exempt under Regulations 33(1)(c) extreme urgency, of the Public Contract (Scotland) Regulations 2015.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0294f2
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/003466-2021
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
SME

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
£750,000 £500K-£1M

Notice Dates

Publication Date
22 Feb 20215 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
25 Jan 20215 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF GLASGOW
Contact Name
Josephine Gallagher
Contact Email
josephine.gallagher@glasgow.ac.uk
Contact Phone
+44 1413304113

Buyer Location

Locality
GLASGOW
Postcode
G12 8QQ
Post Town
Glasgow
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM82 Glasgow City

Local Authority
Glasgow City
Electoral Ward
Hillhead
Westminster Constituency
Glasgow North

Supplier Information

Number of Suppliers
1
Supplier Name

NEWLINE UNDERWRITING MANAGEMENT

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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