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Insurance Services

University Of Edinburgh

This public procurement record has 2 releases in its history.

Award

10 Aug 2023 at 01:00

OJEU - F3 - Contract Award Notice
Tender

22 Mar 2023 at 00:00

OJEU - F2 - Contract Notice
Summary of the contracting process

The University of Edinburgh has awarded a contract for Insurance Services to Risk Management Partners, Blackwall Green, and Ark Syndicate Management Limited. The procurement process included multiple lots covering Motor Insurance, Personal Accident and Travel Insurance, Liability Insurance, Terrorism Insurance, and Artworks and Special Collections Insurance. The contract values range from £92,386.56 to £195,000 and were signed on 1st August 2023. The tender was opened on 10th August 2023, with the University acting as the buying organisation based in Edinburgh, UK, within the Education sector.

This tender for Insurance Services by the University of Edinburgh presents opportunities for insurance companies, especially those providing large-scale insurance services, to compete for specific insurance elements in the university's insurance programme. The procurement method was an open procedure with the University specifying award criteria for quality and price. Businesses with experience in servicing Higher Education institutions or clients with similar needs would be well-suited to bid for these insurance contracts. The tender period for submissions closed on 12th May 2023, and the contract covers a three-year period with potential extensions available for successful bidders.

How relevant is this notice?

Notice Information

Notice Title

Insurance Services

Notice Description

The University wishes to Tender for 5 elements of it's insurance programme: Motor PA and Travel Liability Terrorism Artworks and Special Collections

Lot Information

Motor Insurance

Motor Insurance Year 1

Options: This award notice is for Year 1 ONLY, subsequent years will be awarded on a 1 + 1+ 1 etc basis.

Renewal: 2 x 12 month extensions available

Liability Insurance

Employers and Public Liability Year 1

Options: Award is for Year 1 only, subsequent years will be awarded on a 1 + 1+ 1 etc basis.

Renewal: 2 x 12 month extensions available

Personal Accident and Travel Insurance

Personal Accident and Travel Insurance Services Year 1

Options: Award is for Year 1 only, subsequent years will be awarded on a 1 + 1+ 1 etc basis.

Renewal: 2 x 12 months extensions available

Terrorism Insurance

Terrorism Insurance Year 1

Options: Award is for Year 1 only, subsequent years will be awarded on a 1 + 1+ 1 etc basis.

Renewal: 2 x 12 months extensions available

Artworks and Special Collections Insurance

Artworks and Special Collections Year 1

Options: Award is for Year 1 only, subsequent years will be awarded on a 1 + 1+ 1 etc basis.

Renewal: 2 x 12 month extensions available

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000725340
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG485700
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
OJEU - F3 - 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

66514110 - Motor vehicle insurance services

66516000 - Liability insurance services

66516100 - Motor vehicle liability insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£914,646 £500K-£1M

Notice Dates

Publication Date
10 Aug 20233 years ago
Submission Deadline
12 May 2023Expired
Future Notice Date
Not specified
Award Date
1 Aug 20233 years ago
Contract Period
1 Aug 2023 - 31 Jul 2026 3-4 years
Recurrence
01 01 2026

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
Postcode Area
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
3
Supplier Names

Ark Syndicate Management Limited

Blackwall Green

Risk Management Partners

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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