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Insurance Services 2021 (Excluding Brokerage)

University of Nottingham

This public procurement record has 2 releases in its history.

Award

19 Jul 2021 at 11:23

Award Notice
Tender

15 Mar 2021 at 08:13

Tender Notice
Summary of the contracting process

The University of Nottingham is actively seeking bids for its Insurance Services 2021 (Excluding Brokerage) tender, which covers various categories including Property, Liability, Motor, Personal Accident, Travel, and Computer Insurance. This open procurement process is located in Nottingham, UK, and is part of the services industry. Tenders must be submitted electronically by 11 May 2021, while the awards for the contracts are expected to start from the same date. Each insurance policy is treated as a separate lot, allowing bidders to submit proposals for individual policies.

This tender presents significant opportunities for growth for companies involved in the insurance sector, particularly insurers and mutual organisations. Bidders that can demonstrate high-quality service alongside competitive pricing are well-positioned to succeed, given that evaluation criteria allocate significant weight to quality factors. With an overarching contract value of £6,250,000 and multiple insurance lots available, businesses that specialise in comprehensive insurance coverage or have niche offerings related to the outlined services will find this a beneficial avenue for expanding their portfolios.

How relevant is this notice?

Notice Information

Notice Title

Insurance Services 2021 (Excluding Brokerage)

Notice Description

Insurance services 2021 - The University of Nottingham is requesting bids for its Property, Liability, Motor, Personal Accident and Travel and Computer Insurance policies. Each policy is a separate lot and insurers may bid for policies individually. Bids are welcome from insurers and mutual organisations (including discretionary mutuals). All bids must comply with the tender requirements

Lot Information

Material Damage/BI and Contract Works

As per tender documentation

Renewal: The Contract will be established for an initial period of 3 years with an option to extend for a further period of up to a total of 2 years. The Contract is intended to start on 01/08/2021 or as otherwise agreed.

Combined Liability

As per tender documentation

Renewal: The Contract will be established for an initial period of 3 years with an option to extend for a further period of up to a total of 2 years. The Contract is intended to start on 01/08/2021 or as otherwise agreed.

Motor

As per tender documentation

Renewal: The Contract will be established for an initial period of 3 years with an option to extend for a further period of up to a total of 2 years. The Contract is intended to start on 01/08/2021 or as otherwise agreed.

Personal Accident and Travel

As per tender documents

Options: Please see details on options for this lot within the tender documentation

Renewal: The Contract will be established for an initial period of 3 years with an option to extend for a further period of up to a total of 2 years. The Contract is intended to start on 01/08/2021 or as otherwise agreed.

Computer

As per tender documentation

Renewal: The Contract will be established for an initial period of 3 years with an option to extend for a further period of up to a total of 2 years. The Contract is intended to start on 01/08/2021 or as otherwise agreed.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-029b7f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/016892-2021
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£6,250,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£1,551,000 £1M-£10M

Notice Dates

Publication Date
19 Jul 20215 years ago
Submission Deadline
11 May 2021Expired
Future Notice Date
Not specified
Award Date
13 Jul 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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
University of Nottingham
Additional Buyers

The University of Nottingham

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NOTTINGHAM
Postcode
Not specified
Postcode Area
Not specified
Country
Not specified
Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
TLF14 Nottingham
Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Supplier Information

Number of Suppliers
4
Supplier Names

Allianz Insurance plc

Chubb European Group SE

Risk Management Partners

zurich municipal

Further Information

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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