Insurance Services (excluding Brokers)
Estimated value
—
Awarded value
—
Suppliers
9
Lots
9
Published
15 Aug 2023
Description
AwardedThe University of Sunderland and its subsidiaries are seeking value for money insurance services from August 2023 from FCA authorised insurance companies or discretionary mutuals. Policy cover is being sought for the following insurancesProperty damage Combined liabilityProfessional Negligence Motor FleetCrimeEngineering InspectionManagement LiabilityComputerPersonal Accident and TravelThe cover is expected to commence August 2023 to July 2026 (with up to 2 x 1 year extensions taking it to a possible July 2028). The overall contract value is estimated at GBP £1,500,000 to £2,000,000 over 5 years' note there are no guarantees on spend levels. We also reserve the right to spend an additional 75% of the original anticipated value, subject to changes to requirements across the University for the duration of the award.Suppliers who make an Expression of Interest will be asked to complete a confidentiality agreement prior to the tender documents being released
Scope
- Reference
- UoS/Insurance Services/0123
- Commercial tool
- Standalone contract
- Contract dates
- 31 Jul 2023 to 31 Jul 2028
Personal Accident and Travel Insurance
- Main category
- services
- CPV classifications
- 66510000
- Contract locations
- North East EnglandTower Hamlets
Award criteria
Criteria the buyer will use to evaluate bids.
| Name | Description | Type | Weighting |
|---|---|---|---|
| Qualitative | 50 | quality | — |
| Costs | 50 | cost | — |
Submission & procedure
- Procedure
- Open procedure
Award details· 9 awards
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
—
Award date
—
Contract start
—
Contract end
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Lots · 9 total
Divisions of the contract. Each lot can be awarded separately.
| Lot | Title | Est. value | Status |
|---|---|---|---|
| 1 | Property Damage including Material Damage, Business Interruption, Works in Progress, Money | — | cancelled |
| 2 | Combined Liability including Employment, Public and Products, Hirers, and Libel and Slander | — | cancelled |
| 3 | Professional Negligence including Libel & Slander | — | cancelled |
| 4 | Motor Fleet | — | cancelled |
| 5 | Crime | — | cancelled |