RFP QuestBeta
ClosedStage · contract

University of Sunderland

Insurance Services (excluding Brokers)

Financial ServicesCPV 66000000 66500000 66510000 66517000 66516000 66519000 66512000
Value£3.5m
Deadline15 May 2023
Published9 Mar 2023
RegionNorth East
Timeline
Published 9 Mar 2023ClosedCloses 15 May 2023
Contract value in context
£3.5mtotal contract value
median £150k
this tender£0£4.7m

This is a large award for Financial & Insurance Services — above three-quarters of comparable contracts. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

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The brief

The University of Sunderland and its subsidiaries are seeking value for money insurance services from August 2023 from FSA authorised insurance companies or discretionary mutuals.

Policy cover is being sought for the following lots :- Lot 1 - Property damage including: Materials, Business Interruption, Works in Progress and Money Lot 2 - Combined liability, including : Employers Liability, Public & Product Liability, Hirers Liability, Libel & Slander Lot 3 - Professional Negligence including Libel & Slander Lot 4 - Motor Fleet Lot 5 - Crime Lot 6 - Engineering Inspection Lot 7 - Management Liability Lot 8 - Computer Lot 9 - Personal Accident & Travel The 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.

To register your interest please visit https://in-tendhost.co.uk/universityofsunderland/aspx/Home Suppliers who make an Expression of Interest will be asked to complete a confidentiality agreement prior to the tender documents being released.

Deadline for receipt of tender submissions by 12 noon Monday 15th May 2023

Key requirements

What the supplier must deliver

01

The cover is expected to commence August

The 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).

Derived from the notice text — always confirm against the original documents.

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Source & provenance
OCID
644fa865-bbbe-48e6-8561-c5b144ff2e2c
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
IT-158-292-UoS/Insurance Services/0123
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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