Published date: 9 March 2023

Last edited date: 10 May 2023

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 15 May 2023, 12pm

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

Published date

9 March 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 (above threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements above the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

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

More information

Links

Additional text

Via University of Sunderland In-Tend Portal - https://in-tendhost.co.uk/universityofsunderland/aspx/Home

Upon an expression of interest suppliers will be sent a confidentiality agreement to return after being signed, once returned and have confirmed they are a FSA authorised insurance company or discretionary mutual we will then release the ITT documents

Funding Type (WEFO or EU) : EU

Funding Description

Any commissions under this contract or framework maybe subject to external funding from bodies such as ERDF, DfE, Arts Council, Heritage Lottery Fund, LEP, etc and the successful supplier will be expected to work with the University on any funding applications where appropriate. This list of funding bodies is not exhaustive.

Is a Recurrent Procurement Type? : No

About the buyer

Contact name

Andrea Brook

Address

City Campus
Chester Road
Sunderland
SR1 3SD
United Kingdom

Telephone

0191 515 2851

Email

andrea.brook@sunderland.ac.uk

Website

http://services.sunderland.ac.uk/finance/sections/procurement/