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Contract Notice

NU/1898 Property & Professional Indemnity Insurance

  • First published: 25 April 2023
  • Last modified: 25 April 2023

The buyer is not using this website to administer the notice.

To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
ocds-h6vhtk-03c376
Published by:
Newcastle University
Authority ID:
AA0030
Publication date:
25 April 2023
Deadline date:
26 May 2023
Notice type:
Contract Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

The University recognises that there may be a need for cover to be provided on a scheduled/co-insured/layered basis whereby multiple insurers provide the ultimate capacity required given the scale of the placement.

The tender process is therefore being managed by Arthur J. Gallagher insurance Brokers Ltd who will conduct negotiations with insurers as indicated above should it not be possible place the cover with a single insurer.

It is the University's preference to enter into a longer term agreement for a period of 4 years although it would be prepared to proceed with a placement for a single year commencing on 1 August 2023 or for a single years plus 3 extension options for a further year.

Full notice text

Prior information notice

This notice is a call for competition

Section I: Contracting authority

I.1) Name and addresses

Newcastle University

Newcastle University, 1 Park Tce

Newcastle upon Tyne

NE1 7RU

UK

Contact person: Mrs Leigh Robinson

Telephone: +44 1912088618

E-mail: leigh.anderson@ncl.ac.uk

NUTS: UKC22

Internet address(es)

Main address: https://www.ncl.ac.uk

Address of the buyer profile: https://www.ncl.ac.uk

I.3) Communication

The procurement documents are available for unrestricted and full direct access, free of charge at:

www.ajg.com/uk


Additional information can be obtained from another address:

Arthur J . Gallagher Insurance Brokers Limited

Stataion Square, One Gloucester Street

Swindon

SN1 1GW

UK

E-mail: UKPublicSector@AJG.com

NUTS: UKK14

Internet address(es)

Main address: www.ajg.com/uk

Tenders or requests to participate must be sent electronically to:

www.ajg.com/uk


I.4) Type of the contracting authority

Body governed by public law

I.5) Main activity

Education

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

NU/1898 Property & Professional Indemnity Insurance

Reference number: DN666612

II.1.2) Main CPV code

66510000

 

II.1.3) Type of contract

Services

II.1.4) Short description

Property & Professional Indemnity insurances as required by Newcastle University.

The tender process is being managed by Arthur J. Gallagher Insurance Brokers Ltd who will conduct negotiations with insurers who meet the minimum requirements.

Details of the University's risk profile are available from Arthur J. Gallagher Insurance Brokers. This may be amended from time to time to meet the changes in the University's requirements.

II.1.5) Estimated total value

Value excluding VAT: 3 228 236.00  GBP

II.1.6) Information about lots

This contract is divided into lots: Yes

Tenders may be submitted for all lots

II.2) Description

Lot No: 1

II.2.2) Additional CPV code(s)

66515200

II.2.3) Place of performance

NUTS code:

UKC22

II.2.4) Description of the procurement

The University recognises that there may be a need for cover to be provided on a scheduled/co-insured/layered basis whereby multiple insurers provide the ultimate capacity required given the scale of the placement.

The tender process is therefore being managed by Arthur J. Gallagher insurance Brokers Ltd who will conduct negotiations with insurers as indicated above should it not be possible place the cover with a single insurer.

It is the University's preference to enter into a longer term agreement for a period of 4 years although it would be prepared to proceed with a placement for a single year commencing on 1 August 2023 or for a single years plus 3 extension options for a further year.

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Start: 01/08/2023

End: 31/07/2027

This contract is subject to renewal: Yes

Description of renewals:

It is anticipated that the requirement will be renewed before the expiry of any contract to ensure continuity of cover.

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

II.2.14) Additional information

In addition to contacting AJ Gallagher direct to express and interest in these contracts please also contact the University representative in parallel by emailing Leigh.Robinson@ncl.ac.uk

Section III: Legal, economic, financial and technical information

III.1) Conditions for participation

III.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers

List and brief description of conditions:

Service providers must be insurance companies regulated by the Financial Conduct Authority and Market Act 2000, Insurance Companies Act 1982 and any other statutory modifications.

The insurer shall be authorised to write the classes of insurance required and be subject to English law and jurisdiction of English Courts.

This tender does not include requirement for any insurance broking services.

III.1.2) Economic and financial standing

Selection criteria as stated in the procurement documents


III.1.3) Technical and professional ability

Selection criteria as stated in the procurement documents


III.2) Conditions related to the contract

Section IV: Procedure

IV.1) Description

IV.1.1) Type of procedure

Competitive procedure with negotiation

IV.1.8) Information about Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes

IV.2) Administrative information

IV.2.2) Time limit for receipt of expressions of interest

Date: 26/05/2023

Local time: 12:00

IV.2.4) Languages in which tenders or requests to participate may be submitted

EN

Section VI: Complementary information

VI.4) Procedures for review

VI.4.1) Review body

Newcastle University

Newcastle upon Tyne

UK

VI.4.3) Review procedure

Precise information on deadline(s) for review procedures:

Bidders have the right to appeal as set out in the Public Contracts regulations 2015. proceedings under the Public Contracts regulations 2015 are time limited and any such proceedings must be brought in the High Court of England and Wales.

VI.5) Date of dispatch of this notice

24/04/2023

Coding

Commodity categories

ID Title Parent category
66510000 Insurance services Insurance and pension services
66515200 Property insurance services Damage or loss insurance services

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
leigh.anderson@ncl.ac.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

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