Insurance Services (excluding Brokers)
A Tender Notice
by UNIVERSITY OF SUNDERLAND
- Source
- Find a Tender
- Type
- Contract (Services)
- Duration
- 5 year
- Value
- £-£2M
- Sector
- BUSINESS
- Published
- 09 Mar 2023
- Delivery
- 01 Aug 2023 to 31 Jul 2028
- Deadline
- 27 Apr 2023 11:00
Related Terms
Location
Sunderland, (Tyne and Wear), Canary Wharf (London)
1 buyer
- Sunderland University Sunderland
Description
The 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.
Lot Division
| 1 | Property Damage including Material Damage, Business Interruption, Works in Progress, Money Property Damage including Material Damage, Business Interruption, Works in Progress, Money |
| 2 | Combined Liability including Employment, Public and Products, Hirers, and Libel and Slander Combined Liability including: Employment Liability. Public and Product Liability, Hirers Liability and Libel and Slander |
| 3 | Professional Negligence including Libel & Slander Professional Negligence including Libel and Slander |
| 4 | Motor Fleet Motor Fleet |
| 5 | Crime Crime |
| 6 | Engineering Inspection Engineering Inspection |
| 7 | Management Liability Management Liability |
| 8 | Computer Insurance Computer insurance |
| 9 | Personal Accident and Travel Personal Accident and Travel |
Award Criteria
| Qualitative | 50 |
| Costs | 50 |
CPV Codes
- 66510000 - Insurance services
Indicators
- Variant bids may be considered.
- This is a one-off contract (no recurrence)
- Technical restrictions apply.
Other Information
** PREVIEW NOTICE, please check Find a Tender for full details. **
Reference
- ocds-h6vhtk-03b110
- FTS 006953-2023