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Published 27 Apr 2023, 14:27 BST

Official UK procurement notice

NU/1896 General Insurances · UK public procurement notice

Official notice

Authority: Newcastle University (Education)

7 lotsServicesOpen procedure
Sectors: Financial and insurance services (66) Delivery: North East (UKC22)
Published estimate£1,605,640total for 7 lots
Submissions closed 30 May 2023awarded 14 Jul 2023
Awarded to RMP +2 more5 awards

What is being bought7 lots · detail below

Published requirement description

The University is tendering for the provision of insurance policies, the requirement does not include broker services. The contract shall be divided into the following lots:

Lot 1 – Computer

Lot 2 – Combined Liability

Lot 3 – Management Liability

Lot 4 – Crime

Lot 5 – Terrorism

Lot 6 – Personal Accident & Travel

Lot 7 – Motor Fleet

CPV: Damage or loss insurance services · Insurance services · Liability insurance services

Lots and requirements (7)Procurement structure

7 lots · 6 with a published value (£1,605,640 together) · evaluation weights differ by lot
Lot #1ComputerAwardedPublished value£59,800

Computer policy.

Delivery: North East
Variant bids: not allowed
66510000 Insurance services
Lot #2Combined LiabilityAwardedPublished value£509,195

Combined Liability Policy

Delivery: North East
Variant bids: not allowed
66510000 Insurance services
Lot #3Management LiabilityPublished value£64,000

Liability for claims resulting from any wrongful act, actual or alleged breach of duty breach of trust breach of confidentiality negligent act error or omission misstatement misleading statement breach of warranty of authority, libel slander or other act wrongly done or attempted by the Insured (or Subsidiary Company of such) or (but not limited to) the Insured’s governors directors officers trustees members or employees arising out of their duties on behalf of the Insured.

Delivery: North East
Variant bids: not allowed
66516000 Liability insurance services
Lot #4CrimePublished value£83,800

The Insurer shall indemnify the Insured against any Loss sustained by the Insured as a direct result of a Crime first Discovered in the Policy Period or Discovery Period.

Delivery: North East
Variant bids: not allowed
66515000 Damage or loss insurance services66516000 Liability insurance services
Lot #5TerrorismAwardedPublished value£314,588

Terrorism

Delivery: North East
Variant bids: not allowed
66510000 Insurance services
Lot #6Personal Accident and TravelAwardedPublished value£574,257

Personal Accident and Travel

Delivery: North East
Variant bids: not allowed
66510000 Insurance services
Lot #7MotorAwardedLot estimate not published

Motor

Delivery: North East
66510000 Insurance services

What it takes to win
i

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 more
How bids were scored

Lots publish different evaluation splits; there is no single procedure weighting.

LotQualityPriceSplit
1 · Computer60%40%
2 · Combined Liability60%40%
5 · Terrorism60%40%
6 · Personal Accident and Travel65%35%
7 · Motor60%40%
What this means for your bid
  • Price carries 35–40 points depending on the lot; most lots put it at 40 points.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

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
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
No (one-off requirement)
First published
27 Apr 2023, 14:27 BST
Last source update
28 Jul 2023, 11:55 BST
Award evaluation window
30 May 2023 – …
Authority reference
DN663727
FTS notice number
2023/S 000-021969
Classification (CPV)
Damage or loss insurance servicesInsurance servicesLiability insurance services
Delivery area
North East (UKC22)
Official registry OCID
ocds-h6vhtk-03c4bc Find a Tender
Review and risk notes
Review procedure

The University will incorporate a standstill period at the point information on the award of the contract is communicated to tenderers. That notification will provide full information on the award decision. The standstill period, which will be for a minimum of 10 calendar days, provides time for unsuccessful tenderers to challenge the award decision before the contract is entered into.

The Public Contracts Regulations 2015 (SI 2015 No 102) provide for aggrieved parties who have been harmed or are at risk of harm by a breach of the rules to take action in the High Court (England, Wales and Northern Ireland) within 30 days of knowledge or constructive knowledge of breach.

How it was run

Official notice
Run through: ProContract (Due North) · Who buys & how to bid on ProContract
Supplier login requiredLanguage: EN
Access & registration note: Free · short registration with manual review; public opportunity list
Submission deadline
30 May 2023, 12:00 BST
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bids opened
30 May 2023, 14:00 BST
Detailed submission instructions & authority contactsFrom official release

procontract.due-north.com/Home/ ↗

Timeline

30 May 2023 → 28 Jul 2023 · 3 dates
  1. Submission deadline
    30 May 2023, 12:00 BST
  2. Bids opened
    30 May 2023, 14:00 BST
  3. Notice published
    28 Jul 2023, 11:55 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    28 Jul 2023, 11:55 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 5
Awarded value £390,4015 contracts exc. VAT
Bids received 11
Contracts signed 5latest 14 Jul 2023
Awarded toValueDateStatus
Lot 1 · Computer1 award
RMP£20,800 †—Awarded
Lot 2 · Combined Liability1 award
RMP£120,500 †—Awarded
Lot 5 · Terrorism1 award
Globe Underwriting Ltd£62,000 †—Awarded
Lot 6 · Personal Accident and Travel1 award
RMPPersonal Accident & Travel£141,388 †—Awarded
Lot 7 · Motor1 award
Zurich Municipal£45,713 †—Awarded

Contracts

  • Combined Liability · RMP

    Signed
    14 Jul 2023
    Value
    £120,500
    Status
    active

  • Terrorism · Globe Underwriting Ltd

    Signed
    14 Jul 2023
    Value
    £62,000
    Status
    active

  • Personal Accident & Travel · RMP

    Signed
    14 Jul 2023
    Value
    £141,388
    Status
    active

  • Motor · Zurich Municipal

    Signed
    14 Jul 2023
    Value
    £45,713
    Status
    active

  • Contract 021969-2023-Computer-1 · RMP

    Signed
    14 Jul 2023
    Value
    £20,800
    Status
    active

Bid statistics published by the authority

LotBidsSMEVCSEValid bid range
1 · Computer1bids · 1 electronic———
2 · Combined Liability2bids · 2 electronic———
5 · Terrorism4bids · 4 electronic———
6 · Personal Accident and Travel1bids · 1 electronic———
7 · Motor3bids · 3 electronic———

Contracting authority & participating public bodies

Newcastle University

Contracting authorityEducationBody governed by public lawEducation Newcastle University, 1 Park Tce, Newcastle upon Tyne, North East, NE1 7RUContact name, email, phone Published organisation website ↗

Bidders & participating suppliers

4 commercial parties on the notice
  • Globe Underwriting LtdAwarded supplier 2 Minster Court, London, London, EC3R 7PD
  • RMPAwarded supplier 67 Lombard Street, London, London, EC1V 9LI
  • RMPAwarded supplier 67 Lombard Street, London, London, EC1V 9LJ
  • Zurich MunicipalAwarded supplier Zurich House, Farnborough, South East, GU14 6GB

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.