Official UK procurement notice
NU/1898 Property & Professional Indemnity Insurance
Authority: Newcastle University (Education)
What is being bought
Published requirement descriptionProperty & Professional Indemnity insurances as required by Newcastle University.
The tender process is being managed by Arthur J. Gallagher Insurance Brokers Ltd who will conduct negotiations with insurers who meet the minimum requirements.
Details of the University's risk profile are available from Arthur J. Gallagher Insurance Brokers. This may be amended from time to time to meet the changes in the University's requirements.
CPV: Insurance services · Property insurance services
The lotProcurement structure
single lot · no lot value publishedLot #1The University recognises that there may be a need for cover to be provided on a…Renewal
The University recognises that there may be a need for cover to be provided on a scheduled/co-insured/layered basis whereby multiple insurers provide the ultimate capacity required given the scale of the placement.
The tender process is therefore being managed by Arthur J. Gallagher insurance Brokers Ltd who will conduct negotiations with insurers as indicated above should it not be possible place the cover with a single insurer.
It is the University's preference to enter into a longer term agreement for a period of 4 years although it would be prepared to proceed with a placement for a single year commencing on 1 August 2023 or for a single years plus 3 extension options for a further year. Additional information: In addition to contacting AJ Gallagher direct to express and interest in these contracts please also contact the University representative in parallel by emailing [email protected]
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
Service providers must be insurance companies regulated by the Financial Conduct Authority and Market Act 2000, Insurance Companies Act 1982 and any other statutory modifications.
The insurer shall be authorised to write the classes of insurance required and be subject to English law and jurisdiction of English Courts.
This tender does not include requirement for any insurance broking services.
Procedure terms & legal framework
From the official record- Procedure method
- Competitive procedure with negotiation
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Past planning notice
- 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
- Unspecified in notice
- First published
- 24 Apr 2023, 10:26 BST
- Last source update
- 24 Apr 2023, 10:26 BST
- Authority reference
DN666612- FTS notice number
2023/S 000-011617- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-03c376Find a Tender
- Review procedure
Bidders have the right to appeal as set out in the Public Contracts regulations 2015. proceedings under the Public Contracts regulations 2015 are time limited and any such proceedings must be brought in the High Court of England and Wales.
How it was run
Official notice- Submission deadline
- 26 May 2023, 12:00 BST
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
Timeline
24 Apr 2023 → 1 Aug 2023 · 3 dates- Notice published24 Apr 2023, 10:26 BST
- Submission deadline26 May 2023, 12:00 BST
- Contract starts1 Aug 2023, 00:00 BST
Commercial outcome & contract awards
Pipeline notice- Awards (0)
- No award published
- Contracts (0)
- No contract published
- Bid statistics
- No aggregate bid statistics published
Contracting authority & participating public bodies
Process and specification contact points (1)
- Arthur J . Gallagher Insurance Brokers LimitedProcess contact point
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria