This public procurement record has 1 release in its history.

Tender

04 Feb 2022 at 17:39

Summary of the contracting process

The London Universities Purchasing Consortium (LUPC) is currently undertaking an open tender process for the provision of Personal Accident and Travel Insurance services. This tender, titled "LUPC Personal Accident & Travel Insurance," falls under the insurance services category (CPV Code: 66510000). The contract period will commence on 1 May 2022 and is set to last for three years and three months, with potential extensions subject to satisfactory performance. Bids are to be submitted electronically with a deadline for submissions on 16 March 2022.

This procurement presents significant opportunities for insurance companies and Managing General Agents (MGAs) regulated by the Financial Conduct Authority. Given the unique requirements and the emphasis on experience with similar institutions, businesses specialising in accident and health insurance services would be well-positioned to compete. Additionally, as LUPC serves approximately 35 participating institutions, the contract offers scope for ongoing collaborations in the educational sector across Southern England, including London and the Midlands.

How relevant is this notice?

Notice Title

LUPC Personal Accident & Travel Insurance

Notice Description

Purchase of Personal Accident and Travel insurance Services for the London Universities Purchasing Consortium (excluding Insurance Broking Services).

Lot Information

Lot 1

London Universities Purchasing Consortium (LUPC), a company limited by guarantee, is undertaking this tendering process in accordance with the Open Procedure requirements of the Public Contracts Regulation 2015 for and on behalf of the Insurance Group (IG), a group of around 35 participating institutions, principally made up of members of LUPC - https://www.lupc.ac.uk/members/our-members together with a number of SUPC institutions (http://www.supc.ac.uk/our-members/) and one NWUPC institution (https://www.nwupc.ac.uk/our-members). It is also possible that at some point within the lifetime of the agreement it may be used by Members (full and associate) of the NEUPC (http://www.neupc.ac.uk/who-are-our-members). The appointed provider(s) will commence service 1 May 2022 and arrange the provision of Personal Accident and Travel Insurance on behalf of the IG. The initial length of this non-framework contract is three years and three months (first period of insurance to 31 July 2023) with the option to extend two further years subject to satisfactory performance.

Renewal: Contract is for three years and three months, with the option to extend a further two years.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03138f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/003316-2022
Current Stage
Tender
All Stages
Tender

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
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

66512000 - Accident and health 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
4 Feb 20224 years ago
Submission Deadline
16 Mar 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 May 2022 - 31 Jul 2027 Over 5 years
Recurrence
60 months from this publication

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
London Universities Purchasing Consortium
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
W1T 7NZ
Postcode Area
West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI36 Camden
Delivery Location
Not specified

Local Authority
Camden
Electoral Ward
Bloomsbury
Westminster Constituency
Holborn and St Pancras

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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