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Official procurement procedure

Insurance Brokerage (Non-Life) including Risk Management Services

Insurance brokerage services
UK
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: London Universities Purchasing Consortium: "Insurance Brokerage (Non-Life) including Risk Management Services". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityLondon Universities Purchasing ConsortiumScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: London Universities Purchasing Consortium
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for London Universities Purchasing Consortium. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
2Bids / Report
0% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 1 active published awards; 1 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityLondon Universities Purchasing Consortium
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published2 Sept 2021, 11:23 BST
Last source update2 Sept 2021, 11:23 BST
Recurring procurementNot published
ClassificationInsurance brokerage services
Delivery area
UK
OCIDocds-h6vhtk-028ff5
What is being bought
London Universities Purchasing Consortium (LUPC) undertook this tendering process for Insurance brokerage services for and on behalf of the LUPC Insurance Group (IG), a group of 40 participating institutions, principally made up of more than 20 members of LUPC (https://www.lupc.ac.uk/member-list) together with a number of SUPC institutions (http://www.supc.ac.uk/our-members/) and one NWUPC member (https://www.nwupc.ac.uk/our-members). 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 purchasing consortia: (http://www.neupc.ac.uk/who-are-our-members). The appointed broker will commence servicing the IG from 1 September 2021, which includes the placement and management of several insurance lines including but not limited to: property and business interruption, money risks, engineering, motor, employers and public liability, financial lines, terrorism and clinical trials.
What changed
From the official release history
  1. tender value changed
    2 Sept 2021, 11:23 BST
  2. Status changed to complete
    2 Sept 2021, 11:23 BST
  3. Official notice release published
    2 Sept 2021, 11:23 BST
  4. Submission deadline changed to published date
    2 Sept 2021, 11:23 BST
  5. Published value updated to £5,000,000
    31 Mar 2021, 13:06 BST
  6. Status changed to active
    31 Mar 2021, 13:06 BST
  7. Official notice release published
    31 Mar 2021, 13:06 BST
  8. Submission deadline changed to 10 May 2021, 12:00 BST
    31 Mar 2021, 13:06 BST
  9. Status changed to planned
    3 Feb 2021, 16:05 GMT
  10. Official notice release published
    3 Feb 2021, 16:05 GMT
  11. Buyer information updated
    3 Feb 2021, 16:05 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    London Universities Purchasing Consortium (LUPC), a company limited by guarantee, undertook this tendering process for Insurance brokerage services for and on behalf of the LUPC Insurance Group (IG), a group of 40 participating institutions, principally made up of more than 20 members of LUPC (https://www.lupc.ac.uk/member-list) together with a number of SUPC institutions (http://www.supc.ac.uk/our-members/) and one NWUPC member (https://www.nwupc.ac.uk/our-members), the University of Wolverhampton. In addition to these HE Consortia, 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 purchasing consortia: (http://www.neupc.ac.uk/who-are-our-members). The appointed broker will commence servicing the IG from 1 September 2021, which includes the placement and management of several insurance lines including but not limited to: property and business interruption, money risks, engineering, motor, employers and public liability, financial lines, terrorism, clinical research and trials and cyber-related risks. The initial length of this non-framework, single-source contract is three years with the option to extend to seven years subject to satisfactory performance.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    2 Sept 2021, 11:23 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 31 Aug 2021, 00:00 BST · £3,000,000
Commercial outcome and competition
Awards
Arthur J. Gallagher Insurance Brokers Limited
Not published · Not published · active
Contracts
Insurance Brokerage (Non-Life) including Risk Management Services
£3,000,000 · signed 31 Aug 2021, 00:00 BST · active
Bid statistics
bids: 2 (lot 1)
Buyer and organisations in this procedure

London Universities Purchasing Consortium

Contracting authority GB-FTS-4288
View buyer profile

  • London Universities Purchasing Consortium
    buyer
    centralPurchasingBody

    04784719
    Shropshire House, 179 Tottenham Court Road, Fitzrovia, London, UK, W1T 7NZ
    m.kilner@lupc.ac.uk

  • Arthur J. Gallagher Insurance Brokers Limited
    supplier

    Station Square, One Gloucester Street, Swindon, UK, SN1 1GW

  • London Universities Purchasing Consortium
    reviewBody

    Shropshire House, 179 Tottenham Court Road, Fitzrovia, London, W1T 7NZ
    m.kilner@lupc.ac.uk
    +44 2073072760
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published