Find a TenderAwarded
Published 8 Sept 2023, 16:18 BST

Official UK procurement notice

University of St Andrews: Insurance Broker Services

Official notice

Authority: University of St Andrews (Education)

ServicesOpen procedureSME suitable
Published estimate£1,500,000exc. VAT
Submissions closed 31 Oct 2023awarded 7 Dec 2023
Awarded to Marsh Ltd

What is being bought

Published requirement description

Insurance Broker Services for the University of St Andrews.

CPV: Insurance brokerage services

The lotProcurement structure

single lot · no lot value published
Lot #1Insurance Broker Services for the University of St AndrewsAwardedRenewal

Insurance 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 intendhost.co.uk/universityofstandrews ↗

Please note that 'Notes of Interest' placed via PCS (Public Contracts Scotland) are not automatically accepted

Delivery: Scotland · UK-St Andrews
Extensions: 2 Year extension subject to satisfactory performance and mutual agreement.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: 70%Price: 30%
Published sub-criteria (2)
  • Quality: 70%
  • Cost: 30%
Published award criteria (2)
  • Quality: 70
  • Cost: 30
Conditions of participation2
  • Suitability

    Please see Tender Documents.

  • Technical & professional ability

    Execution of the service is reserved to a particular profession

Staff
Names and qualifications of delivery staff must be submitted
What this means for your bid
  • Price carries 30 of 100 points: a 10% discount moves about 3 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
No (one-off requirement)
First published
8 Sept 2023, 16:18 BST
Last source update
14 Dec 2023, 12:21 GMT
Award evaluation window
31 Oct 2023 – …
Authority reference
PLA/080923/BK/SL
FTS notice number
2023/S 000-036785
Classification (CPV)
Insurance brokerage services
Delivery area
Scotland (UKM72)
Official registry OCID
ocds-h6vhtk-03fb65 Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic ordering · electronic payment
Review and risk notes
Review procedure

The University of St Andrews will incorporate a minimum of 10 calendar day standstill period at the point of information on the award of the contract being communicated to tenderers. This period allows unsuccessful tenderers to seek further debriefing from the contracting authority before the contract is entered into. Applicants have 2 working days from the notification of the award decision to request additional debriefing and that information has to be provided a minimum of 3 working days before the expiry of the standstill period. Such additional information should be requested from The University of St Andrews.

If an appeal regarding the award of contract has not been successfully resolved The Public Contracts (Scotland) Regulations 2012 provide for aggrieved parties who have been harmed or are at risk of harm by a breach of the rule to take action in the Sheriff Court or Court of Session.

The anticipated review body in such cases would be:

Dundee Sheriff Court

6 West Bell Street

Dundee

DD1 9AD

Telephone: +44 1382 229 961

Anyone bringing court proceedings against the University of St Andrews must inform the University of St Andrews in advance of the alleged breach and its intention to bring proceedings. Any such action must be brought within 15 days of the date on which a decision is sent to them or published to challenge that decision.

Proceedings seeking an ineffectiveness order must be brought within 30 days of the publication of the contract award notice in the OJEU, or 30 days from the date of a decision letter to all tenderers concerned, and any candidates concerned, containing a summary of the reason for the recipient being unsuccessful, otherwise 6 months from the date of entering into the contract or concluding the framework agreement.

Where a contract has not been entered into the Court may, by interim order, suspend the procurement procedure. The court may also set aside a decision or actions taken by the University or order it to amend and document; and/or award damages. However, by express requirement the court may decide not to grant an interim order when the negative consequences of such an order are likely to outweigh the benefits, having regard to a number of considerations.

If the contract has been entered into the Court may, depending on the nature of the breach: make an ineffectiveness order; impose a financial penalty; shorten the duration of the contract; make any other order considered appropriate to address the consequences of ineffectiveness or shortening the duration or the contract; award damages.

Publisher note: 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 accepted (SC Ref:753265)

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/universityofstandrews ↗

Submission deadline
31 Oct 2023, 12:00 GMT
Submission channel
{"electronicSubmission"}
Accepted languages
en
Participation fee
document
Bid validity
90 days from the deadline
Bids opened
31 Oct 2023, 12:00 GMT
Detailed submission instructions & authority contactsFrom official release

Timeline

31 Oct 2023 → 14 Dec 2023 · 3 dates
  1. Submission deadline
    31 Oct 2023, 12:00 GMT
  2. Bids opened
    31 Oct 2023, 12:00 GMT
  3. Notice published
    14 Dec 2023, 12:21 GMT

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    14 Dec 2023, 12:21 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £397,0631 contract exc. VAT
Bids received 33 from SMEs
Contracts signed 1latest 7 Dec 2023
Awarded toValueDateStatus
Marsh LtdSME£397,063 †—Awarded

Contracts

  • Contract 036785-2023-PLA/080923/BK/SL-1 · Marsh LtdSME

    Signed
    7 Dec 2023
    Value
    £397,063
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
3bids · 3 electronic3——

Contracting authority & participating public bodies

University of St Andrews

Contracting authorityEducationBody governed by public lawEducation Walter Bower House, Eden Campus, Guardbridge, Scotland, KY16 0USContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • Dundee Sheriff CourtReview body DundeeContact phone

Bidders & participating suppliers

1 commercial party on the notice
  • Marsh LimitedAwarded supplier 5 George Square, Glasgow, UK, G2 1ARContact phone

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