Award

Insurance and Associated Services

CRESCENT PURCHASING CONSORTIUM LIMITED

This public procurement record has 4 releases in its history.

Award

16 Jan 2025 at 11:51

TenderUpdate

17 Oct 2024 at 09:15

Tender

01 Oct 2024 at 11:27

Planning

23 Jul 2024 at 14:09

Summary of the contracting process

The Crescent Purchasing Consortium Limited (CPC) is undertaking a procurement process titled "Insurance and Associated Services," classified under the industry category of Insurance Services (CPV: 66510000). The recent stage of this procurement is complete, focusing on awarding contracts for three specific lots: insurance for colleges, comprehensive insurance for academies and schools, and additional covers not included in the Risk Protection Arrangement (RPA). The procurement spans across the United Kingdom and involves a framework agreement available to various educational institutions and local authorities. The contracts, valued at a total of GBP 120,000,000, were signed on 16 January 2025, following an open procedure.

This tender presents significant business growth opportunities, particularly for suppliers in the comprehensive commercial insurance and specialised insurance services sectors. Businesses that offer extensive insurance products, including liability, cyber risks, personal accident, and property insurance services, are well-suited to compete. The framework also welcomes insurance brokers and those providing tailored services to educational institutions, encompassing a broad range of insurance and associated services. Participating in this tender could enhance market presence and foster long-term relationships within the educational sector.

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Notice Title

Insurance and Associated Services

Notice Description

This proposal for Insurance and Associated Services is an amalgamation of the previous CPC Insurance and Associated Services for Colleges, and Insurance and Associated Services for Academies and Schools. Any resulting framework from this exercise will be available to all further education institutions, universities, sixth forms, academies, schools, museums and other similar organisations who are current and future CPC members https://www.thecpc.ac.uk/members/regions.php https://www.gov.uk/guidance/get-information-about-schools. Local Authorities may wish to use the resulting framework when procuring on behalf of Educational Establishments.

Lot Information

Lot 1: Insurance and Associated Services for Colleges

This lot will be to provide members with college insurance covers which includes but are not limited to: * Loss of or damage to any property including IT equipment, money, refrigerated/frozen food, property in transit * Works of art insurance * Loss due to dishonesty of employees or crime by third parties * Loss or damage to contract works * Loss or damage caused by terrorism * Employers liability * Public and products liability * Governors and officers liability * Libel and slander * Professional liability * Hirers liability * Cyber liability * Personal accident * Business and student travel * Legal expenses and employment practices liability * Motor, motor trade, motor sport and occasional business use * Damage to plant and engineering plant inspection services, marine and aviation * Agriculture

Options: 48 month(s) from the commencement date, with 36 initial month(s) and option to extend 1x12 month(s)

Lot 2: Academies and Schools Comprehensive Insurance Cover & Service Provision

Members will be able to obtain Comprehensive Commercial Insurance Cover & Service Provision through Lot 2 as an alternative to the DfE Risk Protection Arrangement (RPA): * Employers liability * Professional indemnity * Public and products liability * Governors and Officers liability * Motor Vehicles * Motor occasional business use * Engineering damage * Statutory plant inspection services * Contract works for building projects * Business and student travel (including overseas travel) * Personal accident * Works of art * Property damage including glass, money, refrigerated/frozen food and property in transit * Computer equipment (fixed or portable) * Terrorism * Loss due to employee dishonesty or crime by third parties * Legal expenses * Employment practices liability * Hirers Liability * Libel and slander * Cyber risks

Options: 48 month(s) from the commencement date, with 36 initial month(s) and option to extend 1x12 month(s)

Lot 3: Academies and Schools All Covers not included in the Risk Protection Arrangement (RPA)

For members that have joined the RPA, this lot will allow any peripheral cover not included within the RPA offer: * Motor Vehicles * Motor occasional business use * Engineering damage * Statutory engineering plant inspection services * Contract Works for building projects * Cyber risks * Other specific covers as required

Options: 48 month(s) from the commencement date, with 36 initial month(s) and option to extend 1x12 month(s)

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0483c0
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/001479-2025
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

66512000 - Accident and health insurance services

66513000 - Legal insurance and all-risk insurance services

66513100 - Legal expenses insurance services

66513200 - Contractor's all-risk insurance services

66514110 - Motor vehicle insurance services

66515000 - Damage or loss insurance services

66515200 - Property insurance services

66515410 - Financial loss insurance services

66515411 - Pecuniary loss insurance services

66516000 - Liability insurance services

66516100 - Motor vehicle liability insurance services

66516400 - General liability insurance services

66516500 - Professional liability insurance services

66518000 - Insurance brokerage and agency services

66518100 - Insurance brokerage services

66519200 - Engineering insurance services

Notice Value(s)

Tender Value
£120,000,000 £100M-£1B
Lots Value
£120,000,000 £100M-£1B
Awards Value
Not specified
Contracts Value
£120,000,000 £100M-£1B

Notice Dates

Publication Date
16 Jan 20251 years ago
Submission Deadline
5 Nov 2024Expired
Future Notice Date
8 Sep 2024Expired
Award Date
16 Jan 20251 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
CRESCENT PURCHASING CONSORTIUM LIMITED
Additional Buyers

EDUCATION

Contact Name
Not specified
Contact Email
l.m.oshea@thecpc.ac.uk
Contact Phone
+44 1619740947

Buyer Location

Locality
SALFORD
Postcode
M6 6AJ
Post Town
Manchester
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD34 Greater Manchester South West
Delivery Location
Not specified

Local Authority
Salford
Electoral Ward
Pendleton & Charlestown
Westminster Constituency
Salford

Supplier Information

Number of Suppliers
6
Supplier Names

AON

ARTHUR J. GALLAGHER INSURANCE BROKERS

ENDSLEIGH BUSINESS

HETTLE ANDREWS & ASSOCIATES

MILLER INSURANCE SERVICES

ZURICH INSURANCE

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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