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PURCH2392 Contract Agreement For The Provision Of Employers Liability, Public Liability & Professional Indemnity Insurances

University of Glasgow

This public procurement record has 2 releases in its history.

Award

17 Feb 2025 at 00:00

OJEU - F3 - Contract Award Notice
Tender

21 Mar 2024 at 00:00

OJEU - F2 - Contract Notice
Summary of the contracting process

The University of Glasgow has completed the procurement process for the contract titled "PURCH2392 Contract Agreement For The Provision Of Employers Liability, Public Liability & Professional Indemnity Insurances." The contract is categorised in the education sector and situated in Glasgow, with the procurement stage marked as "award" as of 9th January 2025. The procurement method used was open procedure, and the overall contract has been divided into two lots: Employer's Liability and Public/Products Liability, and Professional Indemnity. Both lots have been awarded to RSA, a large-scale supplier, with contracts worth £535,790 and £549,360 respectively, to be active for a duration of 1800 days, including an option to extend for two periods of 12 months each.

This tender presents substantial opportunities for businesses, especially those in the insurance sector, to engage with a prestigious institution like the University of Glasgow. The tender's large scope and financial value suggest that businesses offering specialised insurance services could benefit considerably from such contracts. Companies well-suited to compete are those with robust service support, competitive pricing, and experience in providing comprehensive insurance coverage. Small and medium-sized enterprises (SMEs) are encouraged to participate, with specific measures in place to support them through subcontracting opportunities, thus fostering business growth and enhancing market presence.

How relevant is this notice?

Notice Information

Notice Title

PURCH2392 Contract Agreement For The Provision Of Employers Liability, Public Liability & Professional Indemnity Insurances

Notice Description

Award of PURCH2392 Provision of a Contract Agreement For The Provision Of Employers Liability, Public Liability and Professional Indemnity Insurances

Lot Information

Employer's Liability and Public/Products Liability

Award of PURCH2392 Provision of a Contract Agreement For The Provision Of Employers Liability, Public Liability and Professional Indemnity Insurances. Lot 1 - Schedule 2A - Employer's Liability and Public/Products Liability.

Renewal: Option to extend 2 x 12 months

Professional Indemnity

Award of PURCH2392 Provision of a Contract Agreement For The Provision Of Employers Liability, Public Liability and Professional Indemnity Insurances. Lot 2 - Schedule 2B - Professional Indemnity.

Renewal: Option to extend 2 x 12 months

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000761579
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB524003
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

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£1,085,150 £1M-£10M

Notice Dates

Publication Date
17 Feb 20251 years ago
Submission Deadline
30 Apr 2024Expired
Future Notice Date
Not specified
Award Date
9 Jan 20251 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 Glasgow
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
G12 8QQ
Postcode Area
Glasgow
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM82 Glasgow City
Local Authority
Glasgow City
Electoral Ward
Hillhead
Westminster Constituency
Glasgow North

Supplier Information

Number of Suppliers
1
Supplier Name

RSA

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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