Official UK procurement notice
PURCH2046 Provision Of Agreement For Insurance Services
Authority: University of Glasgow (Education)
Sectors: Financial and insurance services (66) Delivery: Scotland (UKM82)
Awarded value£28,048,8003 contracts · exc. VAT
Submissions closed 7 Mar 2022awarded 14 Jul 2022
Awarded to Risk Management Partners Ltd3 awards
What is being bought3 lots · detail below
Published requirement descriptionAward of PURCH2046 Provision Of Agreement For Insurance Services
- Recurrence: This procurement will be re-tendered in 5 years.
CPV: Insurance services
Lots and requirements (3)Procurement structure
3 lots · no lot values published · same evaluation weights on every lotLot #1Property InsuranceAwardedRenewal
Award of PURCH2046 Provision Of Agreement For Insurance Services
LOT 1 - Property Insurance
Lot #2Computer InsuranceAwardedRenewal
Award of PURCH2046 Provision Of Agreement For Insurance Services
LOT 2 - Computer Insurance
Lot #3Contractor All RisksAwardedRenewal
Award of PURCH2046 Provision Of Agreement For Insurance Services
LOT 3 - Contractor All Risks
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).
How bids were scored · same split on all 3 lots
Published sub-criteria (4)
- Technical - Service Support: 15%
- Technical - Cover: 40%
- Technical - Quality Assurance: 5%
- price: 40%
Published award criteria (4)
- Technical - Service Support: 15%
- Technical - Cover: 40%
- Technical - Quality Assurance: 5%
- Price: 40%
Conditions of participation1
- Condition of participationno text publishedMinimum: -Public liability insurance with a limit of indemnity of not less than ten million pounds sterling (10,000,000 GBP) in relation to any one claim or series of claims; -Employer's liability insurance with a limit of indemnity of not less than ten million pounds sterling (10,000,000…
What this means for your bid
- Price carries 40 of 100 points: a 10% discount moves about 4 points. The method statement decides this lot, not the discount.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record · publisher note attached- 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
- Yes · This procurement will be re-tendered in 5 years.
- First published
- 11 Jan 2022, 12:45 GMT
- Last source update
- 31 Aug 2022, 16:05 BST
- Award evaluation window
- 7 Mar 2022 – …
- Authority reference
PURCH2046- FTS notice number
2022/S 000-024346- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-030984Find a Tender
Contract terms
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
Publisher note: (SC Ref:704626)
How it was run
Official noticeRun through: Public Contracts Scotland · Who buys & how to bid on PCS
Access & registration note: Free single registration for Scotland; PCS-Tender (Jaggaer) for full bidding
- Submission deadline
- 7 Mar 2022, 12:00 GMT
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Bids opened
- 7 Mar 2022, 12:00 GMT
Detailed submission instructions & authority contactsFrom official release
Timeline
7 Mar 2022 → 31 Aug 2022 · 3 dates- Submission deadline7 Mar 2022, 12:00 GMT
- Bids opened7 Mar 2022, 12:00 GMT
- Notice published31 Aug 2022, 16:05 BST
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete31 Aug 2022, 16:05 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecastAwards 3
Awarded value £28,048,8003 contracts exc. VAT
Bids received 33 from SMEs
Contracts signed 3latest 14 Jul 2022
| Awarded to | Value | Date | Status |
|---|---|---|---|
| Lot 1 · Property Insurance1 award | |||
| Risk Management Partners LtdSME | £9,349,600 † | — | Awarded |
| Lot 2 · Computer Insurance1 award | |||
| Risk Management Partners LtdSME | £9,349,600 † | — | Awarded |
| Lot 3 · Contractor All Risks1 award | |||
| Risk Management Partners LtdSME | £9,349,600 † | — | Awarded |
Contracts
LOT 1 - Property Insurance · Risk Management Partners LtdSME
- Signed
- 14 Jul 2022
- Value
- £9,349,600
- Status
- active
LOT 2 - Computer Insurance · Risk Management Partners LtdSME
- Signed
- 14 Jul 2022
- Value
- £9,349,600
- Status
- active
LOT 3 - Contractor All Risks · Risk Management Partners LtdSME
- Signed
- 14 Jul 2022
- Value
- £9,349,600
- Status
- active
Bid statistics published by the authority
| Lot | Bids | SME | VCSE | Valid bid range |
|---|---|---|---|---|
| 1 · Property Insurance | 1bids · 1 electronic · 1 from abroad | 1 | — | — |
| 2 · Computer Insurance | 1bids · 1 electronic · 1 from abroad | 1 | — | — |
| 3 · Contractor All Risks | 1bids · 1 electronic · 1 from abroad | 1 | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- Glasgow Sheriff Court & Justice of the Peace CourtReview body
Bidders & participating suppliers
1 commercial party on the notice- Risk Management PartnersAwarded supplier
Official documents & specifications (1)
Official links; attachments are not copiedTender pack and attachments
- Technical selection criteria