Insurance Services 2019/20 - AWARD

The University of NottinghamcontractContracts FinderRef PROC LSB ITT/1113 - AWARDcomplete
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Estimated value

£1.5m

Awarded value

£216k

Awarded 22 Jul 2019

Suppliers

1

Lots

1

1 awarded

Published

04 Jun 2020

Deadline 19 May 2019

Description

The University of Nottingham is tendering for the provision of insurance policies for The University of Nottingham and its subsidiary companies. The requirement does not include broker services. The contract will initially be for one (1) year commencing on 1 August 2019 and ending on 31 July 2020 with options for long term agreements up to a further 2 years. The University of Nottingham requires the provision of Insurance Services from Insurers, Reinsurers or Discretionary Mutuals. The University can deal with Insurers who insure directly with the University as well as those who normally operate through a Broker. The University has an appointed Insurance Broker, Henderson Insurance Brokers Ltd who will provide technical support and guidance to the University throughout this procurement exercise. The University is not seeking services of another Insurance Broker. The policies required are: Lot 1 Motor Lot 2 Directors and Officers Lot 3 Professional Indemnity Lot 4 Crime/ fidelity Lot 5 Pension Trustee Liability

Scope

Reference
PROC LSB ITT/1113 - AWARD
Total value
£1,500,000 excluding VAT
Commercial tool
Standalone contract
Contract dates
31 Jul 2019 to 30 Jul 2020
CPV classifications
66510000

Submission & procedure

Submission deadline
19 May 2019, 11:00 pm

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£216k

Award date

22 Jul 2019

Contract start

31 Jul 2019

Contract end

30 Jul 2020