Award

Insurance Broker Service - University of Aberdeen

UNIVERSITY OF ABERDEEN

This public procurement record has 1 release in its history.

Award

02 Mar 2023 at 00:00

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

The University of Aberdeen has awarded a contract for Insurance Broker Service. The procurement process has reached completion stage. The contract has been awarded to Marsh Limited for a value of £75,000. The tender was for services in the education sector and was open to suppliers on an 'open procedure' procurement method. The deadline for submitting bids was on 2023-02-28. The location for this contract is in Aberdeen, UK.

This tender for Insurance Broker Service by the University of Aberdeen presents an opportunity for large-scale insurance broker firms to provide broking, claims, and risk management services. Businesses in the insurance brokerage industry, particularly those with experience in providing services to the education sector, would be well-suited to compete for this contract. The contract is active and is based on the CCS RM6020 Insurance and Related Services framework, providing a potential 3-year initial term with further extensions possible, which can lead to sustainable business growth for the successful bidder.

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Notice Information

Notice Title

Insurance Broker Service - University of Aberdeen

Notice Description

AWARD NOTICE for appointment an insurance broker for the provision of broking, claims and risk management service.

Lot Information

Lot 1

AWARD NOTICE for appointment an insurance broker for the provision of broking, claims and risk management service. Call off from Crown Commercial Services Framework RM6020 - Insurance & Related Services, Lot 1 Insurance Brokerage and Associated Services.

Options: 3 year initial terms with two optional one-year extensions.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000724426
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAR472561
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

66518100 - Insurance brokerage services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£75,000 Under £100K

Notice Dates

Publication Date
2 Mar 20232 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
28 Feb 20232 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 ABERDEEN
Contact Name
Not specified
Contact Email
e-sourcing@abdn.ac.uk
Contact Phone
Not specified

Buyer Location

Locality
ABERDEEN
Postcode
AB24 3FX
Post Town
Aberdeen
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM5 North Eastern Scotland
Small Region (ITL 3)
TLM50 Aberdeen City and Aberdeenshire
Delivery Location
TLM50 Aberdeen City and Aberdeenshire
Local Authority
Aberdeen City
Electoral Ward
Tillydrone/Seaton/Old Aberdeen
Westminster Constituency
Aberdeen North

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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