Award

Artworks Insurance - University of Edinburgh

UNIVERSITY OF EDINBURGH

This public procurement record has 1 release in its history.

Award

03 Sep 2020 at 00:00

PCS Notice - Website Contract Award Notice
Summary of the contracting process

The University of Edinburgh has successfully completed its procurement process for a 12-month contract extension to its Artworks Insurance policy, which is categorized under the education and medical research sectors. The award notice was published on 31 July 2020, following an open procurement method. The contract, valued at £75,159, was awarded to Marsh, a large supplier based in Edinburgh. This procurement process was initiated due to the impact of Covid-19 on the University's ability to hold a formal tender before the previous policy expiration.

This tender presents a substantial opportunity for businesses specialising in insurance services, particularly those that understand the nuances of educational and medical research sectors. Companies capable of providing competitive insurance solutions could benefit from similar procurements in the future. With the contract already awarded, potential suppliers should stay attentive to future opportunities, as this process reflects the ongoing demand for reliable insurance services within the public sector.

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Notice Information

Notice Title

Artworks Insurance - University of Edinburgh

Notice Description

12 month contract extension to Artworks Insurance policy

Lot Information

Lot 1

A 12 month extension to the University's Artworks insurance policy sought from current supplier as Covid reduced University's capacity to hold a formal tender before the previous policy expired.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000627507
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP393720
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
PCS Notice - Website Contract Award 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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£75,159 Under £100K

Notice Dates

Publication Date
3 Sep 20205 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
31 Jul 20205 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Not Specified
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF EDINBURGH
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

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
1
Supplier Name

MARSH

Further Information

Notice Documents

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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