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Material Damage and Business Interruption Policy

University of Cumbria

This public procurement record has 1 release in its history.

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20 Jul 2026 at 10:34

UK7 - Contract Details Notice
Summary of the contracting process

The University of Cumbria procured insurance services for material damage and business interruption cover across multiple university locations. The requirement covers protection for physical property and financial interruption arising from insured damage. The University of Cumbria is the buying organisation, with Arthur J. Gallagher Insurance Brokers Limited acting as the insurance broker and procuring entity. The awarded service is delivered across the United Kingdom. This is a service requirement rather than a construction, supply or facilities-management contract. It is relevant to insurers, insurance brokers and providers able to arrange or underwrite combined material damage and business interruption cover for a public-sector education organisation operating from multiple sites.

The procurement has been completed and the contract was awarded to Aviva Insurance Limited through a single completed lot. The award was made on 16 July 2026, and the contract was signed on that date. The contract runs from 1 August 2026 to 31 July 2027. Its value is £158,002.16 excluding VAT, or £176,962.42 including VAT. The procedure was below threshold, with the specific method recorded as unknown. The award is active and the contract is active. Arthur J. Gallagher Insurance Brokers Limited managed the procurement as broker for the University of Cumbria. The published outcome identifies insurance services as the procurement category.

This award demonstrates a defined requirement from the University of Cumbria for combined material damage and business interruption insurance across multiple locations. A credible competitor for a comparable requirement would need to provide or arrange insurance cover for physical asset damage and resulting interruption to university operations, with the capacity to support a multi-site public-sector customer. Relevant businesses include large insurers and specialist insurance brokers able to assess property and interruption risks, structure suitable cover and manage the relationship between the buyer and underwriter. Experience serving education or other public-sector organisations would help demonstrate familiarity with institutional assets, operational dependencies, governance requirements and the need for consistent cover across several locations.

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Notice Information

Notice Title

Material Damage and Business Interruption Policy

Notice Description

The University of Cumbria require cover for Material Damage and B.I for multiple locations.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06ce88
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/068106-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Below threshold - unknown
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£158,002 £100K-£500K

Notice Dates

Publication Date
20 Jul 20262 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Aug 2026 - 31 Jul 2027 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
University of Cumbria
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CUMBRIA
Postcode
CA1 2HH
Postcode Area
Carlisle
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD1 Cumbria
Small Region (ITL 3)
TLD13 Cumberland
Delivery Location
Not specified
Local Authority
Cumberland
Electoral Ward
Castle
Westminster Constituency
Carlisle

Supplier Information

Number of Suppliers
1
Supplier Name

Aviva Insurance Limited

Further Information

Notice Documents

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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