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Official procurement procedure
University of St Andrews: Insurance Broker Services
Insurance brokerage services
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: University of St Andrews: "University of St Andrews: Insurance Broker Services". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
| Contracting Authority | University of St Andrews | Scope & Categories | Not published | Submission Window | complete No deadline published |
|---|---|---|---|---|---|
| Submission Gateway | Direct notice route | Legal Basis & Regime | Standard procurement | Estimated Value (exc. VAT) | Not published |
Bidder Intelligence · Authority Profile: University of St Andrews
Market Analytics
Derived from OCDS awards & bid statistics
Published history for University of St Andrews. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Competition Density
4.1Bids / Report
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate availablePayment Terms
Check noticePublished terms
Coverage: 65 active published awards; 55 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityUniversity of St Andrews | Procedure methodNot published | Procurement categoryNot published |
Statuscomplete | Framework / DPSNot published | CompetitionNot published |
Above thresholdNot published | Legal basisNot published | Tender period startsNot published |
Clarification deadlineNot published | Electronic submissionNot published | Submission languagesNot published |
Published14 Dec 2023, 12:21 GMT | Last source update14 Dec 2023, 12:21 GMT | Recurring procurementNot published |
ClassificationInsurance brokerage services | ||
Delivery area | ||
OCIDocds-h6vhtk-03fb65 | ||
What is being bought
Insurance Broker Services for the University of St Andrews.
What changed
From the official release history
- tender value changed
14 Dec 2023, 12:21 GMT - Status changed to complete
14 Dec 2023, 12:21 GMT - Official notice release published
14 Dec 2023, 12:21 GMT - Submission deadline changed to published date
14 Dec 2023, 12:21 GMT - Published value updated to £1,500,000
8 Sept 2023, 16:18 BST - Status changed to active
8 Sept 2023, 16:18 BST - Official notice release published
8 Sept 2023, 16:18 BST - Submission deadline changed to 31 Oct 2023, 12:00 GMT
8 Sept 2023, 16:18 BST - Buyer information updated
8 Sept 2023, 16:18 BST
Lots and requirements (1)
Published by the contracting authority
- Lot 1 · #1Individual lot title not publishedcancelledPublished valueNot publishedInsurance Broker Services for the University of St Andrews. The broker will be responsible for advice on insurance strategic direction, programme placement, negotiating wordings and extensions, being aware of market options, handling and monitoring completion of day to day queries, ensuring a satisfactory tripartite relationship with underwriters, advising on overseas exposures, facilitating claims handling on certain classes, acting as arbiter and point of escalation for claims on other classes, and providing a point of referral for property loss control advice to market norms, including accompanying insurer risk control surveys. Where we have existing in-house capability, we expect the broker to augment that capability and present it to the market. The broker will be responsible for issue of satisfactory policy wordings, negotiating suitable terms and conditions within those wordings, checking those wordings, and issuing statutory and other certificates on a timely basis. Please see tender documents for full details. Additional information: All tenders for the University of St Andrews are administered through our eTendering System (InTend).To Express an Interest please go to our tender website at https://intendhost.co.uk/universityofstandrews Please note that 'Notes of Interest' placed via PCS (Public Contracts Scotland) are not automatically acceptedContract periodNot publishedEligibilityNot publishedOptions / renewalNot published
Timeline
- Procedure published
14 Dec 2023, 12:21 GMT - Award active
Not published · Not published - Contract active
Signed 7 Dec 2023, 00:00 GMT · £397,063
Commercial outcome and competition
Awards Marsh Limited Not published · Not published · active |
Contracts Contract £397,063 · signed 7 Dec 2023, 00:00 GMT · active |
Bid statistics bids: 3 (lot 1) electronicBids: 3 (lot 1) foreignBidsFromEU: 0 (lot 1) foreignBidsFromNonEU: 0 (lot 1) smeBids: 3 (lot 1) |
Buyer and organisations in this procedure
University of St Andrews
Contracting authority GB-FTS-1904Documents (0)
Official links; attachments are not copied
No linked documents are published
Related procedures (0)
No related procedures published