--- title: "PURCON 2120 - Provision of Insurance Services only" ocid: "ocds-b5fd17-76150008-cf56-4e81-872c-a771399c56dc" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-76150008-cf56-4e81-872c-a771399c56dc" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-76150008-cf56-4e81-872c-a771399c56dc.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-76150008-cf56-4e81-872c-a771399c56dc.json" source: "Contracts Finder" current_stage: "Tender" buyer: "UNIVERSITY OF EAST ANGLIA" published: "2024-09-13" --- # PURCON 2120 - Provision of Insurance Services only Buyer: UNIVERSITY OF EAST ANGLIA Current stage: Tender OCID: ocds-b5fd17-76150008-cf56-4e81-872c-a771399c56dc [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-76150008-cf56-4e81-872c-a771399c56dc) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-76150008-cf56-4e81-872c-a771399c56dc.json) ## Summary The University of East Anglia is seeking to procure insurance services through a tender process for the provision of insurance cover only, explicitly excluding any form of Insurance Broking Service. This tender, identified by reference IT-37-871-PURCON 2120, is categorised under insurance services and mainly applies to the East of England within the United Kingdom. The procurement is currently in the Tender stage, with significant dates including the initial submission deadline on 2nd October 2024, and a secondary opportunity to submit tenders by 15th October 2024. The contract is set to commence on 1st November 2024 and run until 30th September 2028, ensuring a stable and longstanding commitment from successful bidders. This tender presents an ample opportunity for insurance providers to collaborate with a prestigious institution, the University of East Anglia, enhancing their portfolio within the educational sector. Ideal participants include experienced insurance firms capable of providing comprehensive coverage and meeting the capacity requirements set by the University. The two-stage procurement process offers a competitive yet fair landscape, allowing both lead and follow market insurers to participate and potentially secure a portion of the contract. This can lead to significant business growth, especially for firms looking to expand their market share within public sector insurance services. ## Notice The University of East Anglia is conducting a tender process for provision of insurance cover only and is not an Insurance Broker Tender and specifically excludes any form of Insurance Broking Service. It is expected that multiple insurers will be required to provide sufficient capacity for this project. Therefore, respondents to this ITT will do so as a potential Lead insurer (ITT stage 1) and will provide a lead quotation in the first instance (deadline 2nd October). Once a lead has been identified, all other insurers will be given a second opportunity (ITT stage 2), to respond to this tender but as a follow market to obtain 100% capacity. All follow markets, including those unsuccessful lead market respondents, will be presented with the terms of the successful Lead insurer as part of this second opportunity to quote (deadline 15th October). Bids from follow markets will be ranked based on the most economically advantageous tender until minimum 100% capacity is obtained. Parts of the evaluation criteria will not be applicable to follow markets and no response is required under those parts of the tender marked "APPLICABLE TO LEAD ONLY". A "line to stand" will not be reduced and in the event of over-capacity, the share of the follow markets will be proportionately reduced to ensure 100% (subject to minimum levels). There is no expectation that any one insurer would be able to accept 100% capacity and consequently the University has determined a two-stage process is required. TO CLARIFY, IF YOU WANT TO TAKE PART IN THIS TENDER AT STAGE 2 (AS A FOLLOW), PART 1 - QUALIFICATION QUESTIONNAIRE MUST STILL BE COMPLETED AND RETURNED IN ADVANCE OF THE 2ND OCTOBER DEADLINE. THIS WILL ENSURE YOU ARE TAKEN THROUGH TO STAGE 2 OF THE ITT. Additional information: If you're interested in this contract, documents are available on UEA's In-Tend https://In-Tendhost.co.uk/universityofeastanglia/aspx/Home Is a Recurrent Procurement Type? : No ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/1bf3efe0-ce22-4b53-96f7-897f3a3337f8 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Not Specified | | Procurement method details | Other - | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 13 Sep 2024 | | Submission deadline | 2 Oct 2024 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 1 Nov 2024 - 30 Sep 2028 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | UNIVERSITY OF EAST ANGLIA | | Locality | NORWICH RESEARCH PARK | | Post town | Norwich | | Postcode | NR4 7TJ | | Country | England | | ITL 1 | TLH East (England) | | ITL 2 | TLH5 Norfolk | | ITL 3 | TLH51 Norwich and East Norfolk | | Local authority | Norwich | | Electoral ward | University | | Westminster constituency | Norwich South | | Delivery location | Not specified | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66510000 - Insurance services ## Release History - 13 Sep 2024 at 16:38 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/1bf3efe0-ce22-4b53-96f7-897f3a3337f8 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/1bf3efe0-ce22-4b53-96f7-897f3a3337f8 13th September 2024 - Opportunity notice on Contracts Finder - https://in-tendhost.co.uk/universityofeastanglia/aspx/ Additional information on how to apply for this contract ## Notice URLs - https://In-Tendhost.co.uk/universityofeastanglia/aspx/Home ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-76150008-cf56-4e81-872c-a771399c56dc. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-76150008-cf56-4e81-872c-a771399c56dc.json.