Published date: 15 August 2023
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Financial and insurance services - 66000000
Insurance and pension services - 66500000
Insurance services - 66510000
Life insurance services - 66511000
Accident and health insurance services - 66512000
Accident insurance services - 66512100
Liability insurance services - 66516000
Motor vehicle liability insurance services - 66516100
General liability insurance services - 66516400
Professional liability insurance services - 66516500
Risk management insurance services - 66517300
Engineering insurance services - 66519200
Location of contract
SR1 3SD
Value of contract
£0.01 to £3,500,000
Procurement reference
IT-158-292-UoS/Insurance Services/0123 - AWARD
Published date
15 August 2023
Closing date
15 May 2023
Closing time
12pm
Contract start date
1 August 2023
Contract end date
31 July 2026
Contract type
Service contract
Procedure type
Open procedure
Any interested supplier may submit a tender in response to an opportunity notice.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
Awarded
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.
Award information
Awarded date
14 July 2023
Contract start date
1 August 2023
Contract end date
31 July 2026
Total value of contract
£0
This contract was awarded to 5 suppliers.
Aviva Insurance Ltd
Address
Pitheavlis, Perth, United Kingdom, PH2 0NH
Reference
None
British Engineering Services Limited
Address
5 New York Street, Manchester, United Kingdom, M1 4JB
Reference
None
CNA
Address
20 Fenchurch Street, London, United Kingdom, EC3M 3BY
Reference
None
RSA Insurance Group Ltd
Address
9 Bond Court , Leeds, W Yorks, United Kingdom, LS1 2JZ
Reference
None
Zurich Insurance Plc
Address
Zurich House, 1 Gladiator Way, Farnborough, Hampshire, United Kingdom, GU14 6GB
Reference
None
About the buyer
Contact name
Andrea Brook
Address
City Campus
Chester Road
Sunderland
SR1 3SD
United Kingdom
Telephone
0191 515 2851
Website
http://services.sunderland.ac.uk/finance/sections/procurement/
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Closing: 15 May 2023, 12pm
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