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Contract Award Notice

NU/1477 The Provision of Terrorism Insurance

  • First published: 31 July 2019
  • Last modified: 31 July 2019
  • Version: N/A
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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:
Published by:
Newcastle University
Authority ID:
AA0030
Publication date:
31 July 2019
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

The University is tendering for the provision of UK Terrorism Insurance cover to the University. The University seek the most economically advantageous response in terms of premium cost, extent of cover and claims handling. The relevant policy falls due for renewal on the 1.8.2019.

Full notice text

Contract award notice

Results of the procurement procedure

Section I: Contracting entity

I.1) Name and addresses

Newcastle University

Newcastle University, 1 Park Tce

Newcastle upon Tyne

NE1 7RU

UK

Contact person: Mrs Leigh Anderson

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: www.ncl.ac.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/1477 The Provision of Terrorism Insurance

Reference number: DN403438

II.1.2) Main CPV code

66510000

 

II.1.3) Type of contract

Services

II.1.4) Short description

The University is tendering for the provision of UK Terrorism Insurance cover to the University. The University seek the most economically advantageous response in terms of premium cost, extent of cover and claims handling. The relevant policy falls due for renewal on the 1.8.2019.

II.1.6) Information about lots

This contract is divided into lots: No

II.1.7) Total value of the procurement

Value excluding VAT: 300 000.00  GBP

II.2) Description

II.2.3) Place of performance

NUTS code:

UKC22

II.2.4) Description of the procurement

The University is tendering for the provision of UK Terrorism Insurance cover to the University. The University seek the most economically advantageous response in terms of premium cost, extent of cover and claims handling. The relevant policy falls due for renewal on the 1.8.2019.

II.2.5) Award criteria

Quality criterion: Quality / Weighting: 30

Price / Weighting:  70

II.2.11) Information about options

Options: Yes

Description of options:

The contract will commence 1.8.2019 until 31.7.2020 with additional 3 single year renewal options which may be taken up by mutual agreement of the University and the supplier.

II.2.13) Information about European Union funds

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

Section IV: Procedure

IV.1) Description

IV.1.1) Type of procedure

Open procedure

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

The procurement is covered by the Government Procurement Agreement: Yes

IV.2) Administrative information

IV.2.1) Previous publication concerning this procedure

Notice number in the OJ S:

2019/S 077-183703

Section V: Award of contract

Lot No: 1

Contract No: NU/1477

Title: The Provision of Terrorism Insurance (Open to Insurers, Insurance Intermediaries and Discretionary Mutuals)

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

12/07/2019

V.2.2) Information about tenders

Number of tenders received: 2

Number of tenders received from SMEs: 0

Number of tenders received from tenderers from EU Member States: 0

Number of tenders received from tenderers from non-EU Member States: 0

Number of tenders received by electronic means: 2

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Risk Management Partners Ltd

67 Lombard Street

London

EC3V 9LJ

UK

NUTS: UKC22

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 300 000.00  GBP

V.2.5) Information about subcontracting

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:

Precise information on deadline(s) for lodging appeals: This authority will incorporate a minimum 10 calendar day standstill period at the point information on the award of the contract is communicated to tenderers. this period allows unsuccessful tenderers to seek further debriefing from the contracting authority before the contract is entered into. Applicants have 2 working days from notification of the award decision to request additional debriefing and that information has to be provided a minimum of 3 working days before expiry of the standstill period. Such information should be requested from the address in Section I.1

VI.5) Date of dispatch of this notice

29/07/2019

Coding

Commodity categories

ID Title Parent category
66510000 Insurance services Insurance and pension 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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