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Terrorism Insurance and Associated Services

University of York

This public procurement record has 2 releases in its history.

Award

19 Aug 2021 at 12:55

Award Notice
Tender

12 Apr 2021 at 12:31

Tender Notice
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.

How relevant is this notice?

Notice Information

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.

Notice Details

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 20215 years ago
Submission Deadline
17 May 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
5 years

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
University of York
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
YORK
Postcode
YO10 5DD
Postcode Area
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 Ltd

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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