Award

Insurance, Brokerage and Associated Risk Management Framework Agreement

APUC LIMITED

This public procurement record has 5 releases in its history.

AwardUpdate

19 Jan 2026 at 14:01

Award

07 Apr 2025 at 08:19

TenderUpdate

25 Oct 2024 at 09:07

TenderUpdate

15 Oct 2024 at 13:09

Tender

12 Sep 2024 at 13:07

Summary of the contracting process

APUC Limited has initiated the "Insurance, Brokerage and Associated Risk Management Framework Agreement," a public procurement process aimed at sourcing comprehensive insurance and related services for Scottish universities, colleges, and other participating bodies. The procurement falls under the services category with a CPV classification of 66510000, indicating insurance services. The process is being carried out through an open procedure, in line with the EU directive, to establish a framework agreement potentially funded by the EU. The notable deadline amendments resulted in bid submissions being extended to 4th November 2024, with the tender location specified as Scotland.

This framework agreement presents significant business growth opportunities, particularly for firms specialising in insurance, brokerage, and risk management services. Small to large-scale enterprises with expertise in insurance consultancy, claims management, and risk assessment are well-suited to leverage this opportunity. Participating in this tender could offer businesses access to a robust client base within the educational and public sectors across Scotland. Additionally, the procurement method allows for multiple lots, offering versatility to businesses in tailoring their offers and services to meet diverse institutional needs.

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Notice Title

Insurance, Brokerage and Associated Risk Management Framework Agreement

Notice Description

APUC were seeking Contractor(s) for Insurance, Brokerage and Associated Risk Management Services Framework Agreement, which will provide the Scottish universities and colleges and other participating bodies, with a mechanism to procure insurance services, brokerage services and related risk management services. Other participating bodies include: - Highlands and Islands Enterprise - National Records Scotland - Royal Botanic Gardens - Social Care & Social Work Improvement Services known as the Care Inspectorate - Skills Development Scotland - The Scottish Parliamentary Corporate Body.

Lot Information

Insurance Services

Full range of insurance services provision for the main insurance covers including, but not limited to: - Pre-contract discussion - Risk assessment and evaluation - Negotiation of premiums and covers - Provision of insurance summary reports - Claims Management - Regular reviews - Insurance and risk management advice and guidance - Risk portfolio management.

Renewal: The Authority reserves the right to extend the Framework Agreement for a period of up to 12 months subject to satisfactory performance and continued Institutions requirements.

Brokerage Services

Provision of insurance brokerage services including, but not limited to: - Insurance consultancy and advice - Data collection and preparation of underwriting reports - Access to the insurance market - Insurance placement and premium collection - Claims handling support - Risk review - Tendering support.

Renewal: The Authority reserves the right to extend the Framework Agreement for a further 12-month period subject to satisfactory performance and continued Institutions requirements.

Insurance and Risk Management Associated Services

Provision of related insurance and risk management associated services, not already included in the insurance proposition in the other lots, including, but not limited to: - Advice and guidance on insurance requirements in procurement exercises - Advice and guidance on liability limitations in terms and conditions - Insurance and risk training provision to non-insurance specialists - Business continuity planning consultancy - Risk management consultancy.

Renewal: The Authority reserves the right to extend the Framework Agreement for a further 12-month period subject to satisfactory performance and continued Institutions requirements.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-049a5d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/004369-2026
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
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

66517300 - Risk management insurance services

66518100 - Insurance brokerage services

Notice Value(s)

Tender Value
£20,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£13,333,333 £10M-£100M

Notice Dates

Publication Date
19 Jan 20261 months ago
Submission Deadline
24 Oct 2024Expired
Future Notice Date
Not specified
Award Date
23 Dec 20241 years ago
Contract Period
Not specified - Not specified
Recurrence
July 2028

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
APUC LIMITED
Additional Buyers

EUROPEAN UNION

Contact Name
Ola McIntyre
Contact Email
omcintyre@apuc-scot.ac.uk
Contact Phone
+44 1314428930

Buyer Location

Locality
STIRLING
Postcode
FK8 2DZ
Post Town
Falkirk and Stirling
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM0 Eastern Scotland
Small Region (ITL 3)
TLM02 Perth and Kinross, and Stirling
Delivery Location
TLM Scotland

Local Authority
Stirling
Electoral Ward
Stirling East
Westminster Constituency
Stirling and Strathallan

Supplier Information

Number of Suppliers
4
Supplier Names

A J GALLAGHER

HOWDEN GROUP HOLDINGS

JAMES HALLAM

ZURICH INSURANCE PLC TRADING AS ZURICH MUNICIPAL

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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                "amount": 6666667,
                "currency": "GBP"
            },
            "dateSigned": "2024-12-23T00:00:00Z",
            "period": {
                "durationInDays": 1080
            },
            "items": [
                {
                    "id": "1",
                    "title": "Insurance Services",
                    "classification": {
                        "scheme": "CPV",
                        "id": "66510000",
                        "description": "Insurance services"
                    },
                    "deliveryAddresses": [
                        {
                            "region": "UKM"
                        }
                    ],
                    "deliveryLocation": {
                        "description": "Scotland"
                    },
                    "relatedLot": "1"
                }
            ],
            "amendments": [
                {
                    "id": "3",
                    "description": "Zurich Municipal added as an awarded provider on Lot 1.",
                    "rationale": "Need for modification brought about by circumstances which a diligent contracting authority/entity could not foresee: Late sign off of Terms and Conditions."
                }
            ]
        }
    ],
    "bids": {
        "statistics": [
            {
                "id": "16",
                "measure": "bids",
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            },
            {
                "id": "21",
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                "value": 3
            },
            {
                "id": "26",
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            },
            {
                "id": "17",
                "measure": "smeBids",
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            },
            {
                "id": "22",
                "measure": "smeBids",
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            {
                "id": "27",
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            {
                "id": "18",
                "measure": "foreignBidsFromEU",
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            {
                "id": "23",
                "measure": "foreignBidsFromEU",
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                "value": 0
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            {
                "id": "28",
                "measure": "foreignBidsFromEU",
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            },
            {
                "id": "19",
                "measure": "foreignBidsFromNonEU",
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            {
                "id": "24",
                "measure": "foreignBidsFromNonEU",
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            {
                "id": "29",
                "measure": "foreignBidsFromNonEU",
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            {
                "id": "20",
                "measure": "electronicBids",
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            {
                "id": "25",
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            {
                "id": "30",
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        ]
    }
}