Find a TenderAwarded
Published 12 Apr 2021, 12:31 BST

Official UK procurement notice

Terrorism Insurance and Associated Services

Official notice

Authority: University Of York (Pelican) (Education)

ServicesOpen procedureSME suitable
Published estimate£75,000exc. VAT59% below published estimate
Submissions closed 17 May 2021awarded 30 Jul 2021
Awarded to FE Protect Limited

What is being bought

Published requirement description

The University of York is pleased to invite tenders for the provision of terrorism insurance cover and associated services for the University, its subsidiary companies and a number of associated undertakings. The contract duration will commence on 1 August 2021 and expire on 31 July 2022, with four additional single year renewal options which may be taken up at the discretion of the University and the successful Provider. Further details are available in the Invitation to Tender documents.

  • Recurrence: 5 years

CPV: Insurance services

The lotProcurement structure

single lot · value published
Lot #1As stated in II.1.4AwardedRenewalPublished value£75,000

As stated in II.1.4. Additional information: The estimated value is for the first year of the contract only.

Extensions: Cover options as set out in the Invitation to Tender document · The contract allows for a further 4 annual renewal options with the successful bidder.Variant bids: allowed

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
Quality: 50%Price: 50%
Published sub-criteria (2)
  • Quality Criteria with 3 sub-criteria as set out in the ITT documents: 50%
  • price: 50%
Published award criteria (2)
  • Quality Criteria with 3 sub-criteria as set out in the ITT documents: 50%
  • Price: 50%
Conditions of participation2
  • Suitability

    Upon contract award, the contractor may be required to provide a Parent Company Guarantee and/or performance bond

  • Technical & professional ability

    Only FCA-regulated insurance providers are eligible to apply. Provider in this context means insurance companies, insurance intermediaries (including brokers) or discretionary mutuals.

What this means for your bid
  • Price carries 50 of 100 points: a 10% discount moves about 5 points. This one is won on the number: sharpen the price before polishing the prose.

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 · 5 years
First published
12 Apr 2021, 12:31 BST
Last source update
19 Aug 2021, 12:55 BST
Award evaluation window
17 May 2021 – …
Authority reference
UY/PROC/796
FTS notice number
2021/S 000-020321
Classification (CPV)
Insurance services
Delivery area
Yorkshire & Humber (UKE21)
Official registry OCID
ocds-h6vhtk-02a508 Find a Tender
Review and risk notes
Review procedure

The University will incorporate a minimum 10 calendar day standstill period at the point information on the award of the contract is communicated to tenderers. This period allows unsuccessful tenderers to seek further debriefing from the contracting authority before the contract is entered into.

Publisher note: Note - this is a contract award. The value of the award is for year 1 only. There is an option for a further 4 x 12 month renewals by mutual agreement.

How it was run

Official notice
Run through: In-tend · Who buys & how to bid on In-tend
Supplier login requiredLanguage: EN
Access & registration note: Free · one account per buying organisation's portal · reCAPTCHA on signup

Tender documents are also served through a separate tool: https://in-tendhost.co.uk/york/aspx/Home ↗

Submission deadline
17 May 2021, 12:00 BST
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bids opened
17 May 2021, 12:01 BST
Detailed submission instructions & authority contactsFrom official release

Timeline

17 May 2021 → 19 Aug 2021 · 3 dates
  1. Submission deadline
    17 May 2021, 12:00 BST
  2. Bids opened
    17 May 2021, 12:01 BST
  3. Notice published
    19 Aug 2021, 12:55 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    19 Aug 2021, 12:55 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £30,7501 contract exc. VAT
Bids received 55 from SMEs
Contracts signed 1latest 30 Jul 2021
Awarded toValueDateStatus
FE Protect LimitedSMEProvision of Terrorism Insurance and Associated Services£30,750 †—Awarded

Contracts

  • Provision of Terrorism Insurance and Associated Services · FE Protect LimitedSME

    Signed
    30 Jul 2021
    Value
    £30,750
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
5bids · 5 electronic · 5 from abroad5——

Contracting authority & participating public bodies

University of York

Contracting authorityEducationBody governed by public lawEducation Heslington, York, Yorkshire & Humber, YO10 5DDContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • Royal Courts of JusticeReview body London

Bidders & participating suppliers

1 commercial party on the notice

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

  • Economic and financial selection criteriatenderEconomic and financial selection criteria
  • Technical selection criteriatenderTechnical selection criteria