--- title: "LUPC Provision of Insurance Services (excluding Broking Services)" ocid: "ocds-h6vhtk-0318cc" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0318cc" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0318cc.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0318cc.json" source: "Find A Tender Service" current_stage: "Tender" buyer: "LONDON UNIVERSITIES PURCHASING CONSORTIUM" published: "2022-03-14" --- # LUPC Provision of Insurance Services (excluding Broking Services) Buyer: LONDON UNIVERSITIES PURCHASING CONSORTIUM Current stage: Tender OCID: ocds-h6vhtk-0318cc [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0318cc) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-0318cc.json) ## Summary The London Universities Purchasing Consortium (LUPC) is currently undertaking a tender for the provision of insurance services (excluding broking services). This procurement process falls under the open procedure as defined in the Public Contracts Regulations 2015 and is meant to serve approximately 35 participating institutions from various university purchasing consortia. The contract will begin on 1 August 2022 and will run for three years, with an option to extend for an additional two years. The current tender period concludes on 6 May 2022, following an extension; the service is classified under the insurance services category. This tender presents a substantial opportunity for businesses specialising in insurance services, particularly those regulated by the Financial Conduct Authority. Companies with expertise in providing a wide range of insurance coverages such as property, liability, and specialist insurances would be well-suited to compete. The tender involves multiple lots, enabling companies to bid for specific areas of service according to their capabilities. Bidders should be prepared to demonstrate their financial stability, relevant experience, and compliance with regulatory requirements to succeed in this competitive procurement process. ## Notice London Universities Purchasing Consortium (LUPC) is undertaking this tendering process in accordance with the Open Procedure requirements of PCR2015 for and on behalf of the Insurance Group (IG), a group of around 35 participating institutions, principally made up of members of LUPC (https://www.lupc.ac.uk/members/our-members) together with a number of SUPC institutions (http://www.supc.ac.uk/our-members/) and one NWUPC institution (https://www.nwupc.ac.uk/ourmembers). It is also possible that at some point within the lifetime of the agreement it may be used by Members (full and associate) of the NEUPC (http://www.neupc.ac.uk/who-are-ourmembers). The appointed provider(s) will commence service 1 August 2022 and arrange the provision of a wide range of insurance services across 16 Lots (plus sub-Lots) on behalf of the IG. The initial length of this non-framework contract is three years with the option to extend two further years subject to satisfactory performance. ### Lot Information Property Purchase of Material Damage, Business Interruption, Money, All Risks insurance Services for the London Universities Purchasing Consortium (excluding Insurance Broking Services). Additional information: Lot 1 also includes the provision to individually award on either a full or sub-Lot basis (Lots 1a, b and c), which are determined by the participating insurance group members. Renewal: Each awarded contract is for an initial three years, with the option to extend for two further periods of one year each. Computer Purchase of Computer Insurance Services for the London Universities Purchasing Consortium (excluding Insurance Broking Services). Renewal: Contract is for three years, with the option to extend for two further periods of one year each. Contract Works Purchase of Property Insurance Services (CAR) for the London Universities Purchasing Consortium (excluding Insurance Broking Services). Renewal: Contract is for three years, with the option to extend for two further periods of one year each. Combined Liability Purchase of Employers Liability, Public Liability, Products Liability, Hirers Liability insurance Services for the London Universities Purchasing Consortium (excluding Insurance Broking Services). Renewal: Contract is for three years, with the option to extend for two further periods of one year each. Excess Liability Purchase of Excess Employers, Public and Products Liability Insurance Services for the London Universities Purchasing Consortium (excluding Insurance Broking Services). Renewal: Contract is for three years, with the option to extend for two further periods of one year each. Management Liability Purchase of Directors & Officers, Officials Indemnity Insurance Services for the London Universities Purchasing Consortium (excluding Insurance Broking Services). Renewal: Contract is for three years, with the option to extend for two further periods of one year each. Professional Indemnity Purchase of Professional Indemnity insurance Services for the London Universities Purchasing Consortium (excluding Insurance Broking Services). Additional information: Lot 7 also includes the provision to individually award on either a full or sub-Lot basis (Lots 7a and b), which are determined by the participating insurance group members. Renewal: Contract is for three years, with the option to extend for two further periods of one year each. Crime Purchase of Fidelity Guarantee, Crime insurance Services for the London Universities Purchasing Consortium (excluding Insurance Broking Services). Renewal: Contract is for three years, with the option to extend for two further periods of one year each. Motor Fleet Purchase of Motor Fleet insurance Services for the London Universities Purchasing Consortium (excluding Insurance Broking Services). Renewal: Contract is for three years, with the option to extend for two further periods of one year each. Clinical Trials Purchase of Clinical Trials Insurance Services for the London Universities Purchasing Consortium (excluding Insurance Broking Services). Renewal: Contract is for three years, with the option to extend for two further periods of one year each. Medical Malpractice Purchase of Medical Malpractice Insurance Services for the London Universities Purchasing Consortium (excluding Insurance Broking Services). Renewal: Contract is for three years, with the option to extend for two further periods of one year each. Terrorism Purchase of Terrorism Insurance Services for the London Universities Purchasing Consortium (excluding Insurance Broking Services). Renewal: Contract is for three years, with the option to extend for two further periods of one year each. Fine Art Purchase of Fine Art All Risks Insurance Services for the London Universities Purchasing Consortium (excluding Insurance Broking Services). Renewal: Contract is for three years, with the option to extend for two further periods of one year each. Engineering Inspection and Insurance Purchase of Engineering Insurance and Engineering Inspection Services for the London Universities Purchasing Consortium (excluding Insurance Broking Services). Renewal: Contract is for three years, with the option to extend for two further periods of one year each. Deterioration of Stock Purchase of Deterioration of Stock Insurance Services for the London Universities Purchasing Consortium (excluding Insurance Broking Services). Renewal: Contract is for three years, with the option to extend for two further periods of one year each. Marine Purchase of Marine Insurance Services for the London Universities Purchasing Consortium (excluding Insurance Broking Services). Renewal: Contract is for three years, with the option to extend for two further periods of one year each. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/006842-2022 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 14 Mar 2022 | | Submission deadline | 29 Apr 2022 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 31 Jul 2022 - 31 Jul 2027 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £100,000,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Active | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | LONDON UNIVERSITIES PURCHASING CONSORTIUM | | Locality | LONDON | | Post town | West London | | Postcode | W1T 7NZ | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI3 Inner London - West | | ITL 3 | TLI36 Camden | | Local authority | Camden | | Electoral ward | Bloomsbury | | Westminster constituency | Holborn and St Pancras | | Delivery location | TLJ South East (England) | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66510000 - Insurance services - 66512220 - Medical insurance services - 66513200 - Contractor's all-risk insurance services - 66514110 - Motor vehicle insurance services - 66514120 - Marine, aviation and other transport insurance services - 66514150 - Vessel insurance services - 66515200 - Property insurance services - 66515410 - Financial loss insurance services - 66515411 - Pecuniary loss insurance services - 66516000 - Liability insurance services - 66516300 - Vessel liability insurance services - 66516400 - General liability insurance services - 66516500 - Professional liability insurance services - 66519200 - Engineering insurance services ## Release History - 14 Mar 2022 at 11:54 - TenderUpdate - Tender Notice - https://www.find-tender.service.gov.uk/Notice/006842-2022 - 18 Feb 2022 at 13:09 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/004656-2022 ## Notice URLs - http://www.ibbd.gov.uk - http://www.lupc.ac.uk - http://www.neupc.ac.uk/who-are-ourmembers - http://www.supc.ac.uk/our-members/ - https://uk.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=43852&B=LUPC - https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/81165 - https://uk.eu-supply.com/login.asp?B=LUPC - https://www.lupc.ac.uk/members/our-members - https://www.nwupc.ac.uk/ourmembers ## 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-h6vhtk-0318cc. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0318cc.json.