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This tender's submission deadline has passed and is no longer accepting applications. The information below is kept for reference purposes.

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Deadline
Expired
August 01, 2023
Contract Details
Category
Other
Reference
023956-2023
Value
£31,500,000
Location
Northumberland and Tyne and Wear, United Kingdom
Published
February 24, 2026
CPV Code
Project Timeline

Tender Published

August 15, 2023

Deadline for Questions

July 25, 2023

Submission Deadline

August 01, 2023

Budget
£31,500,000
Duration
Not specified
Location
Northumberland and Tyne and Wear
Type
Other

Original Tender Description

AwardedThe University of Sunderland and its subsidiaries are seeking value for money insurance services from August 2023 from FCA authorised insurance companies or discretionary mutuals. Policy cover is being sought for the following insurancesProperty damage Combined liabilityProfessional Negligence Motor FleetCrimeEngineering InspectionManagement LiabilityComputerPersonal Accident and TravelThe 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.Suppliers who make an Expression of Interest will be asked to complete a confidentiality agreement prior to the tender documents being released

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Basic Requirements

  • Company registration in EU required
  • Proven track record in similar projects
  • Financial stability documentation

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