Award

Tender for the Provision of Insurance Brokerage and Associated Services

THE QUALITY ASSURANCE AGENCY FOR HIGHER EDUCATION

This public procurement record has 2 releases in its history.

Award

13 Dec 2023 at 13:56

Tender

16 Oct 2023 at 10:07

Summary of the contracting process

The Quality Assurance Agency for Higher Education (QAA) has completed a tender process for the provision of Insurance Brokerage and Associated Services. The procurement was managed electronically by QAA's Facilities & Compliance Team. The tender aimed to appoint a single insurance broker with expertise in supporting charities and the higher education sector. The initial term is 3 years, with an option to extend for a further 2 years. The buyer is seeking a supplier to act on its behalf in insurance matters.

This tender offers an opportunity for insurance brokerage companies with experience in supporting charities and the higher education sector to compete. The procurement process was in the 'Award' phase, with a contract signed on 5th December 2023. Businesses specialising in insurance services should consider engaging with the Quality Assurance Agency for Higher Education to explore potential growth through this contract opportunity.

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Notice Title

Tender for the Provision of Insurance Brokerage and Associated Services

Notice Description

QAA is seeking to appoint a single insurance broker, with experience of supporting charities and the higher education sector, to act on its behalf in matters relating to insurance for an initial term of 3 years with an option to extend for a further 2 years.

Lot Information

Lot 1

QAA is seeking to appoint a single insurance broker, with experience of supporting charities and the higher education sector, to act on its behalf in matters relating to insurance for an initial term of 3 years with an option to extend for a further 2 years.

Options: Price is not the only award criterion and all criteria are stated only in the procurement documents

Renewal: Initial term of 3 years with an option to extend for a further 2 years.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-040c32
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/036653-2023
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

Notice Value(s)

Tender Value
£240,000 £100K-£500K
Lots Value
£240,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£240,000 £100K-£500K

Notice Dates

Publication Date
13 Dec 20232 years ago
Submission Deadline
13 Nov 2023Expired
Future Notice Date
Not specified
Award Date
5 Dec 20232 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

Contracting Authority (Buyer)

Main Buyer
THE QUALITY ASSURANCE AGENCY FOR HIGHER EDUCATION
Contact Name
QAA Facilities
Contact Email
facilities@qaa.ac.uk
Contact Phone
+44 1452557000

Buyer Location

Locality
GLOUCESTER
Postcode
GL1 1UB
Post Town
Gloucester
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK73 Gloucestershire CC
Delivery Location
Not specified

Local Authority
Gloucester
Electoral Ward
Westgate
Westminster Constituency
Gloucester

Supplier Information

Number of Suppliers
1
Supplier Name

ARTHUR J. GALLAGHER (UK

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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