Award

Insurance Services

UNIVERSITY OF EDINBURGH

This public procurement record has 2 releases in its history.

Award

10 Aug 2023 at 13:25

Tender

22 Mar 2023 at 15:54

Summary of the contracting process

The University of Edinburgh has completed a tender for Insurance Services, covering elements like Motor, Personal Accident and Travel, Liability, Terrorism, and Artworks and Special Collections. The procurement stage was an open procedure. The tender aimed to provide insurance services for various categories with specific quality and pricing criteria. Key dates included the award date of August 10, 2023.

This tender presents growth opportunities for businesses providing insurance services. Companies well-suited to compete should have expertise in insurance and financial services, particularly in the areas of Cover, Claims Service, Quality Control, and Pricing. The University of Edinburgh, as the buying organisation, sought specific community benefits from the tender, offering potential for long-term contract value reaching over GBP 4 million across multiple lots.

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Notice Title

Insurance Services

Notice Description

The University wishes to Tender for 5 elements of it's insurance programme: Motor PA and Travel Liability Terrorism Artworks and Special Collections

Lot Information

Motor Insurance

Motor Insurance Year 1

Options: This award notice is for Year 1 ONLY, subsequent years will be awarded on a 1 + 1+ 1 etc basis.

Renewal: 2 x 12 month extensions available

Liability Insurance

Employers and Public Liability Year 1

Options: Award is for Year 1 only, subsequent years will be awarded on a 1 + 1+ 1 etc basis.

Renewal: 2 x 12 month extensions available

Personal Accident and Travel Insurance

Personal Accident and Travel Insurance Services Year 1

Options: Award is for Year 1 only, subsequent years will be awarded on a 1 + 1+ 1 etc basis.

Renewal: 2 x 12 months extensions available

Terrorism Insurance

Terrorism Insurance Year 1

Options: Award is for Year 1 only, subsequent years will be awarded on a 1 + 1+ 1 etc basis.

Renewal: 2 x 12 months extensions available

Artworks and Special Collections Insurance

Artworks and Special Collections Year 1

Options: Award is for Year 1 only, subsequent years will be awarded on a 1 + 1+ 1 etc basis.

Renewal: 2 x 12 month extensions available

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03b531
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/023418-2023
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

66514110 - Motor vehicle insurance services

66516000 - Liability insurance services

66516100 - Motor vehicle liability insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£914,646 £500K-£1M

Notice Dates

Publication Date
10 Aug 20232 years ago
Submission Deadline
12 May 2023Expired
Future Notice Date
Not specified
Award Date
31 Jul 20232 years ago
Contract Period
31 Jul 2023 - 31 Jul 2026 3-4 years
Recurrence
01 01 2026

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF EDINBURGH
Contact Name
Not specified
Contact Email
alice.newey@ed.ac.uk
Contact Phone
+44 1316502508

Buyer Location

Locality
EDINBURGH
Postcode
EH1 1HT
Post Town
Edinburgh
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM13 City of Edinburgh
Delivery Location
TLM75 City of Edinburgh

Local Authority
City of Edinburgh
Electoral Ward
City Centre
Westminster Constituency
Edinburgh East and Musselburgh

Supplier Information

Number of Suppliers
3
Supplier Names

ARK SYNDICATE MANAGEMENT

BLACKWALL GREEN

RISK MANAGEMENT PARTNERS

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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}