Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
London Universities Purchasing Consortium
04784719
Shropshire House, 179 Tottenham Court Road, Fitzrovia
London
W1T 7NZ
UK
Contact person: Mike Kilner
E-mail: m.kilner@lupc.ac.uk
NUTS: UK
Internet address(es)
Main address: https://www.lupc.ac.uk
Address of the buyer profile: https://www.lupc.ac.uk/become-supplier
I.2) Joint procurement
The contract is awarded by a central purchasing body
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
Insurance Brokerage (Non-Life) including Risk Management Services
Reference number: INS5070 LU
II.1.2) Main CPV code
66518100
II.1.3) Type of contract
Services
II.1.4) Short description
London Universities Purchasing Consortium (LUPC) undertook this tendering process for Insurance brokerage services for and on behalf of the LUPC Insurance Group (IG), a group of 40 participating institutions, principally made up of more than 20 members of LUPC (https://www.lupc.ac.uk/member-list) together with a number of SUPC institutions (http://www.supc.ac.uk/our-members/) and one NWUPC member (https://www.nwupc.ac.uk/our-members). It is also possible that at some point within the lifetime of the agreement it may be used by Members (full and associate) of the NEUPC purchasing consortia: (http://www.neupc.ac.uk/who-are-our-members). The appointed broker will commence servicing the IG from 1 September 2021, which includes the placement and management of several insurance lines including but not limited to: property and business interruption, money risks, engineering, motor, employers and public liability, financial lines, terrorism and clinical trials.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
3 000 000.00
GBP
II.2) Description
II.2.2) Additional CPV code(s)
66518100
II.2.3) Place of performance
NUTS code:
UK
Main site or place of performance:
Southern England including London, East and West Midlands.
II.2.4) Description of the procurement
London Universities Purchasing Consortium (LUPC), a company limited by guarantee, undertook this tendering process for Insurance brokerage services for and on behalf of the LUPC Insurance Group (IG), a group of 40 participating institutions, principally made up of more than 20 members of LUPC (https://www.lupc.ac.uk/member-list) together with a number of SUPC institutions (http://www.supc.ac.uk/our-members/) and one NWUPC member (https://www.nwupc.ac.uk/our-members), the University of Wolverhampton. In addition to these HE Consortia, it is also possible that at some point within the lifetime of the agreement it may be used by Members (full and associate) of the NEUPC purchasing consortia: (http://www.neupc.ac.uk/who-are-our-members).
The appointed broker will commence servicing the IG from 1 September 2021, which includes the placement and management of several insurance lines including but not limited to: property and business interruption, money risks, engineering, motor, employers and public liability, financial lines, terrorism, clinical research and trials and cyber-related risks.
The initial length of this non-framework, single-source contract is three years with the option to extend to seven years subject to satisfactory performance.
II.2.5) Award criteria
Quality criterion: Quality
/ Weighting: 2/3
Price
/ Weighting:
1/3
II.2.11) Information about options
Options:
No
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:
2021/S 000-006656
Section V: Award of contract
Contract No: INS5070 LU
Title: Insurance Brokerage (Non-Life) including Risk Management Services
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
31/08/2021
V.2.2) Information about tenders
Number of tenders received: 2
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Arthur J. Gallagher Insurance Brokers Limited
Station Square, One Gloucester Street
Swindon
SN1 1GW
UK
NUTS: UK
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Initial estimated total value of the contract/lot:
Total value of the contract/lot:
: 3 000 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
London Universities Purchasing Consortium
Shropshire House, 179 Tottenham Court Road, Fitzrovia
London
W1T 7NZ
UK
Telephone: +44 2073072760
E-mail: m.kilner@lupc.ac.uk
Internet address(es)
URL: http://www.lupc.ac.uk
VI.5) Date of dispatch of this notice
02/09/2021