Award

Terrorism Insurance and Associated Services

UNIVERSITY OF YORK

This public procurement record has 2 releases in its history.

Award

19 Aug 2021 at 11:55

Tender

12 Apr 2021 at 11:31

Summary of the contracting process

The University of York is currently engaged in a public procurement process for "Terrorism Insurance and Associated Services," classified under insurance services. This open tender invites proposals from potential providers, which will commence on 1 August 2021 and run until 31 July 2022, with options for four additional one-year renewals by mutual agreement. Interested businesses must submit their bids by 17 May 2021. The procurement is located in York, England (UKE21), and is regulated by public law.

This procurement presents substantial opportunities for businesses in the insurance sector, particularly those specialising in terrorism insurance. Companies that are FCA-regulated, including insurers, insurance intermediaries, and discretionary mutuals, will find this tender particularly relevant. With five bids already submitted, including entries from small and medium-sized enterprises, this is an excellent chance for qualified providers to expand their market presence and establish ongoing relationships with the University of York.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Terrorism Insurance and Associated Services

Notice Description

The University of York is pleased to invite tenders for the provision of terrorism insurance cover and associated services for the University, its subsidiary companies and a number of associated undertakings. The contract duration will commence on 1 August 2021 and expire on 31 July 2022, with four additional single year renewal options which may be taken up at the discretion of the University and the successful Provider. Further details are available in the Invitation to Tender documents.

Lot Information

Lot 1

As stated in II.1.4. Additional information: The estimated value is for the first year of the contract only.

Options: Cover options as set out in the Invitation to Tender document

Renewal: The contract allows for a further 4 annual renewal options with the successful bidder.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02a508
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/020321-2021
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£75,000 Under £100K
Lots Value
£75,000 Under £100K
Awards Value
Not specified
Contracts Value
£30,750 Under £100K

Notice Dates

Publication Date
19 Aug 20214 years ago
Submission Deadline
17 May 2021Expired
Future Notice Date
Not specified
Award Date
29 Jul 20214 years ago
Contract Period
Not specified - Not specified
Recurrence
5 years

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF YORK
Contact Name
Procurement Office
Contact Email
donna.lyon@york.ac.uk
Contact Phone
+44 1904328207

Buyer Location

Locality
YORK
Postcode
YO10 5DD
Post Town
York
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE2 North Yorkshire
Small Region (ITL 3)
TLE21 York
Delivery Location
TLE21 York

Local Authority
York
Electoral Ward
Hull Road
Westminster Constituency
York Central

Supplier Information

Number of Suppliers
1
Supplier Name

FE PROTECT

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-02a508-2021-08-19T12:55:04+01:00",
    "date": "2021-08-19T12:55:04+01:00",
    "ocid": "ocds-h6vhtk-02a508",
    "description": "Note - this is a contract award. The value of the award is for year 1 only. There is an option for a further 4 x 12 month renewals by mutual agreement.",
    "initiationType": "tender",
    "tender": {
        "id": "UY/PROC/796",
        "legalBasis": {
            "id": "32014L0024",
            "scheme": "CELEX"
        },
        "title": "Terrorism Insurance and Associated Services",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66510000",
            "description": "Insurance services"
        },
        "mainProcurementCategory": "services",
        "description": "The University of York is pleased to invite tenders for the provision of terrorism insurance cover and associated services for the University, its subsidiary companies and a number of associated undertakings. The contract duration will commence on 1 August 2021 and expire on 31 July 2022, with four additional single year renewal options which may be taken up at the discretion of the University and the successful Provider. Further details are available in the Invitation to Tender documents.",
        "value": {
            "amount": 75000,
            "currency": "GBP"
        },
        "lots": [
            {
                "id": "1",
                "description": "As stated in II.1.4. Additional information: The estimated value is for the first year of the contract only.",
                "value": {
                    "amount": 75000,
                    "currency": "GBP"
                },
                "contractPeriod": {
                    "durationInDays": 360
                },
                "hasRenewal": true,
                "renewal": {
                    "description": "The contract allows for a further 4 annual renewal options with the successful bidder."
                },
                "submissionTerms": {
                    "variantPolicy": "allowed"
                },
                "hasOptions": true,
                "options": {
                    "description": "Cover options as set out in the Invitation to Tender document"
                },
                "status": "cancelled",
                "awardCriteria": {
                    "criteria": [
                        {
                            "name": "Quality Criteria with 3 sub-criteria as set out in the ITT documents",
                            "type": "quality",
                            "description": "50%"
                        },
                        {
                            "type": "price",
                            "description": "50%"
                        }
                    ]
                }
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "UKE21"
                    },
                    {
                        "region": "UKE21"
                    }
                ],
                "relatedLot": "1",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "66510000",
                        "description": "Insurance services"
                    }
                ]
            }
        ],
        "submissionMethod": [
            "electronicSubmission",
            "written"
        ],
        "submissionMethodDetails": "https://in-tendhost.co.uk/york/aspx/Home",
        "communication": {
            "atypicalToolUrl": "https://in-tendhost.co.uk/york/aspx/Home"
        },
        "selectionCriteria": {
            "criteria": [
                {
                    "type": "suitability",
                    "description": "Upon contract award, the contractor may be required to provide a Parent Company Guarantee and/or performance bond",
                    "appliesTo": [
                        "supplier"
                    ]
                },
                {
                    "type": "technical",
                    "description": "Only FCA-regulated insurance providers are eligible to apply. Provider in this context means insurance companies, insurance intermediaries (including brokers) or discretionary mutuals."
                }
            ]
        },
        "documents": [
            {
                "id": "economic",
                "documentType": "economicSelectionCriteria"
            },
            {
                "id": "technical",
                "documentType": "technicalSelectionCriteria"
            }
        ],
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "coveredBy": [
            "GPA"
        ],
        "tenderPeriod": {
            "endDate": "2021-05-17T12:00:00+01:00"
        },
        "submissionTerms": {
            "languages": [
                "en"
            ]
        },
        "awardPeriod": {
            "startDate": "2021-05-17T12:01:00+01:00"
        },
        "bidOpening": {
            "date": "2021-05-17T12:01:00+01:00"
        },
        "hasRecurrence": true,
        "reviewDetails": "The University will incorporate a minimum 10 calendar day standstill period at the point information on the award of the contract is communicated to tenderers. This period allows unsuccessful tenderers to seek further debriefing from the contracting authority before the contract is entered into.",
        "recurrence": {
            "description": "5 years"
        }
    },
    "parties": [
        {
            "id": "GB-FTS-10197",
            "name": "University of York",
            "identifier": {
                "legalName": "University of York"
            },
            "address": {
                "streetAddress": "Heslington",
                "locality": "York",
                "region": "UKE21",
                "postalCode": "YO10 5DD",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Procurement Office",
                "telephone": "+44 1904328207",
                "email": "donna.lyon@york.ac.uk",
                "url": "https://in-tendhost.co.uk/york/aspx/Home"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "http://www.york.ac.uk",
                "classifications": [
                    {
                        "scheme": "TED_CA_TYPE",
                        "id": "BODY_PUBLIC",
                        "description": "Body governed by public law"
                    },
                    {
                        "scheme": "COFOG",
                        "id": "09",
                        "description": "Education"
                    }
                ]
            }
        },
        {
            "id": "GB-FTS-92",
            "name": "Royal Courts of Justice",
            "identifier": {
                "legalName": "Royal Courts of Justice"
            },
            "address": {
                "locality": "London",
                "countryName": "United Kingdom"
            },
            "roles": [
                "reviewBody"
            ]
        },
        {
            "id": "GB-FTS-26047",
            "name": "FE Protect Limited",
            "identifier": {
                "legalName": "FE Protect Limited"
            },
            "address": {
                "locality": "Liverpool",
                "region": "UKD72",
                "countryName": "United Kingdom"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "scale": "sme"
            }
        }
    ],
    "buyer": {
        "id": "GB-FTS-10197",
        "name": "University of York"
    },
    "language": "en",
    "awards": [
        {
            "id": "020321-2021-UY/PROC/796-1",
            "relatedLots": [
                "1"
            ],
            "title": "Provision of Terrorism Insurance and Associated Services",
            "status": "active",
            "suppliers": [
                {
                    "id": "GB-FTS-26047",
                    "name": "FE Protect Limited"
                }
            ]
        }
    ],
    "contracts": [
        {
            "id": "020321-2021-UY/PROC/796-1",
            "awardID": "020321-2021-UY/PROC/796-1",
            "title": "Provision of Terrorism Insurance and Associated Services",
            "status": "active",
            "value": {
                "amount": 30750,
                "currency": "GBP"
            },
            "dateSigned": "2021-07-30T00:00:00+01:00"
        }
    ],
    "bids": {
        "statistics": [
            {
                "id": "1",
                "measure": "bids",
                "relatedLot": "1",
                "value": 5
            },
            {
                "id": "2",
                "measure": "smeBids",
                "relatedLot": "1",
                "value": 5
            },
            {
                "id": "3",
                "measure": "foreignBidsFromEU",
                "relatedLot": "1",
                "value": 0
            },
            {
                "id": "4",
                "measure": "foreignBidsFromNonEU",
                "relatedLot": "1",
                "value": 5
            },
            {
                "id": "5",
                "measure": "electronicBids",
                "relatedLot": "1",
                "value": 5
            }
        ]
    }
}