Official UK procurement notice
Insurance Programme · UK public procurement notice
Authority: University of Cumbria (Education)
What is being bought9 lots · detail below
Published requirement descriptionThe University is tendering for its insurance programme provision. The University procures its insurance products based upon its assessment and balance of risk, taking into account its legal, moral and financial duties. Along with other University professionals, the Finance Team will report to the Vice Chancellor’s Executive regarding internal and external exposures and trends, allowing informed decisions to be made. Since the last tender in 2019 the University have created and developed professional relationships with their insurer providers. This includes with direct insurers on Property, Liability and Motor classes with whom their appointed broker works on a tri-partite basis.
CPV: Accident and health insurance services · Engineering insurance services · Insurance related to Transport · Insurance services · Liability insurance services · Motor vehicle insurance services · Professional liability insurance services · Property insurance services
Lots and requirements (9)Procurement structure
9 lots · all with a published value (£768,000 together) · a supplier may bid for at most 9 of themLot #1Property CombinedRenewalPublished value£345,000
Property Combined insurance cover
Lot #2ComputerRenewalPublished value£12,000
Computers
Lot #3Combined LiabilityRenewalPublished value£171,000
Combined Liability Insurance cover
Lot #4Motor InsuranceRenewalPublished value£105,000
Motor Insurance
Lot #5Fidelity GuaranteeRenewalPublished value£12,000
Fidelity Guarantee Insurance
Lot #6Management LiabilityRenewalPublished value£12,000
Management Liability Insurance cover
Lot #7Professional IndemnityRenewalPublished value£48,000
Professional Liability Insurance
Lot #8PA and TravelRenewalPublished value£24,000
PA and Travel Insurance
Lot #9Engineering InsuranceRenewalPublished value£39,000
Engineering Insurance services
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
- Suitability
Not applicable
Procedure terms & legal framework
From the official record- Procedure method
- Open procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Closed
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Yes
- First published
- 3 May 2024, 14:37 BST
- Last source update
- 3 May 2024, 14:37 BST
- Award evaluation window
- 5 Jun 2024 – …
- Authority reference
24-21- FTS notice number
2024/S 000-014371- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-045743Find a Tender
- Electronic trading
- e-invoicing allowed · electronic payment
- Review procedure
Not applicable
How it was run
Official noticeTender documents are also served through a separate tool: http://in-tendhost.co.uk/universityofcumbria ↗
- Submission deadline
- 5 Jun 2024, 12:00 BST
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bids opened
- 5 Jun 2024, 12:00 BST
Timeline
3 May 2024 → 31 Jul 2027 · 5 dates- Notice published3 May 2024, 14:37 BST
- Submission deadline5 Jun 2024, 12:00 BST
- Bids opened5 Jun 2024, 12:00 BST
- Contract starts1 Aug 2024, 00:00 BST
- Today27 Oct 2026
- Bids must remain valid untilin 277 days31 Jul 2027, 23:59 BST
Contracting authority & participating public bodies
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria