---
title: "PURCH2073 PROVISION OF FINE ART INSURANCE"
ocid: "ocds-r6ebe6-0000692491"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000692491"
markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000692491.md"
json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000692491.json"
source: "Public Contracts Scotland"
current_stage: "Award"
buyer: "UNIVERSITY OF GLASGOW"
published: "2022-08-31"
---

# PURCH2073 PROVISION OF FINE ART INSURANCE

Buyer: UNIVERSITY OF GLASGOW  
Current stage: Award  
OCID: ocds-r6ebe6-0000692491

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## Summary

The University of Glasgow has completed the award for the provision of fine art insurance under the title PURCH2073. The tender process was initiated on 31st August 2022, with AXA XL being the supplier. This tender falls under the services category and was conducted using an open procedure. The University's procurement office, located in Glasgow, UK, oversaw the process. The contract, valued at GBP 955,100.0, was signed on 15th July 2022. The procurement stage has reached the award phase, creating opportunities for businesses to provide fine art insurance services in Glasgow.

The University's requirement for fine art insurance presents an opportunity for businesses, particularly SMEs in the insurance industry, to compete. The procurement process emphasizes a balance of technical service support (15%) and price (40%) in the award criteria. The submission deadline was set for 17th June 2022, with electronic submissions being the preferred method. The University of Glasgow's strong commitment to community benefits also invites bids from companies with aligned policies. With a contract period of 1,800 days and the potential for renewal, this opportunity is suitable for businesses looking for a long-term partnership in providing fine art insurance services to a prestigious educational institution.

## Notice

AWARD OF PURCH2073 PROVISION OF FINE ART INSURANCE

### Lot Information

Lot 1

AWARD OF PURCH2073 PROVISION OF FINE ART INSURANCE

Renewal: Period of 3 years with the option to extend for 2 x 12 months

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Public Contracts Scotland |
| Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG457788 |
| 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 | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 31 Aug 2022 |
| Submission deadline | 17 Jun 2022 |
| Future notice date | Not specified |
| Award date | 15 Jul 2022 |
| Contract period | Not specified |
| Recurrence | This service will be re-tendered in 5 years. |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £955,100 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Not specified |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | UNIVERSITY OF GLASGOW |
| Locality | GLASGOW |
| Post town | Glasgow |
| Postcode | G12 8QQ |
| Country | Scotland |
| ITL 1 | TLM Scotland |
| ITL 2 | TLM3 West Central Scotland |
| ITL 3 | TLM32 Glasgow City |
| Local authority | Glasgow City |
| Electoral ward | Hillhead |
| Westminster constituency | Glasgow North |
| Delivery location | TLM82 Glasgow City |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | AXA XL |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 31 Aug 2022 at 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG457788
- 6 May 2022 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY447739

## Documents

- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY447739&idx=9
  6th May 2022 - PURCH2073 Non-Compliance Template
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY447739&idx=10
  6th May 2022 - PURCH2073 SCHEDULE 2 SECTION 1 - SPECIFICATION
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY447739&idx=11
  6th May 2022 - PURCH2073 SPD Qualification
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY447739&idx=12
  6th May 2022 - PURCH2073 Terms and Conditions
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY447739&idx=1
  6th May 2022 - PURCH2073 ITT Fine Art
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY447739&idx=2
  6th May 2022 - PURCH2073 Appendix 1 - Hunterian Art Galley Facilities Report
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY447739&idx=3
  6th May 2022 - PURCH2073 Appendix 2 - Hunterian Art Gallery Security Supplement
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY447739&idx=4
  6th May 2022 - PURCH2073 Appendix 3 - Kelvin Hall Collections Plan
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY447739&idx=5
  6th May 2022 - PURCH2073 Appendix 4 - Kelvin Hall Security Plan
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY447739&idx=6
  6th May 2022 - PURCH2073 Appendix 5 - Fine Art Inventory - Permanent and Long Term Loans
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY447739&idx=7
  6th May 2022 - PURCH2073 Appendix 6 - Fine Art Inventory - Short Term Loans
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY447739&idx=8
  6th May 2022 - PURCH2073 CODE OF CONDUCT - FINAL (PDF)
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY447739
  PURCH2073 PROVISION OF FINE ART INSURANCE - PURCH2073 PROVISION OF FINE ART INSURANCE Tender documents available from Public Contracts Scotland. Tender returns should be submitted via Public Contracts Scotland, no paper copies will be accepted. Should paper tenders be submitted, they will be rejected. Further to this any questions or communications regarding individual tender exercises must be sent via the Public Contracts Scotland Portal. Tender queries received through any other channel will not be answered. Should users of Public Contracts Scotland have any problems with the web site they should contact website Support Desk, contact details can be found by following the 'Contact Us' option on the left hand menu at http://www.publiccontractsscotland.gov.uk/default.aspx
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG457788
  PURCH2073 PROVISION OF FINE ART INSURANCE - AWARD OF PURCH2073 PROVISION OF FINE ART INSURANCE

## Notice URLs

- http://
- http://www.gla.ac.uk/
- http://www.publiccontractsscotland.gov.uk/default.aspx
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000692491
- https://www.publiccontractsscotland.gov.uk/

## 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-r6ebe6-0000692491. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000692491.json.