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Published 13 May 2021, 10:14 BST

Official UK procurement notice

Student Block Insurance · UK public procurement notice

Official notice

Authority: University Of Edinburgh (Education)

ServicesOpen procedureSME suitable
Sectors: Financial and insurance services (66) Delivery: Scotland (UKM75)
Awarded value£60,000published contract · exc. VAT
Submissions closed 18 Jun 2021awarded 3 Aug 2021
Awarded to Endsleigh Insurance Limited

What is being bought

Published requirement description

Student Block Insurance

  • Recurrence: In the next 3 to 5 years

CPV: Insurance services

The lotProcurement structure

single lot · no lot value published
Lot #1Student Block Insurance for 10,000 bedsAwardedRenewal
Delivery: Scotland
Extensions: 2 x 12 months extensions are available at the University's discretionVariant bids: not allowed
66510000 Insurance services

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 70%Price: 30%
Published award criteria (2)
  • Quality: 70
  • Price: 30
Conditions of participation3
  • Suitability

    Regulation by the Financial Conduct Authority or equivalent.

  • Condition of participation
    no text published
    Minimum: Bidders must be of sound economic standing to be able to fulfil contractual requirements if appointed. Bidders must submit their 2 most recent sets of audited accounts including (i) balance sheets and (ii) profit and loss information. Bidders must also hold (or commit to obtain b…
  • Technical & professional ability

    Bidders will be required to demonstrate their capability to undertake this work by submitting short descriptions of TWO similar contracts they have successfully delivered within the past 3 years. Case studies submitted must clearly demonstrate that the clients had/have similar or equivalent insurance needs to those of the University of Edinburgh in this tendering processes. Please state as a minimum the following:

    • Name of Client
    • Nature and extent of Insurance Cover provided
    • Value of annual premium
    • Value Added to the University
    • Date and duration of Contract

    Bidders response should be a maximum of 1 x side A4 (Arial 12 Font) Please attach the response separately as a pdf document and entitle as follows: “Case Studies + your firm’s name”

Staff
Names and qualifications of delivery staff must be submitted
What this means for your bid
  • Price carries 30 of 100 points: a 10% discount moves about 3 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record · publisher note attached
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
Yes · In the next 3 to 5 years
First published
13 May 2021, 10:14 BST
Last source update
3 Aug 2021, 16:45 BST
Award evaluation window
18 Jun 2021 – …
Authority reference
EC0944
FTS notice number
2021/S 000-018665
Classification (CPV)
Insurance services
Delivery area
Scotland (UKM75)
Official registry OCID
ocds-h6vhtk-02b080 Find a Tender

Publisher note: (SC Ref:662602)

How it was run

Official notice
Run through: Public Contracts Scotland · Who buys & how to bid on PCS
Supplier login requiredLanguage: EN
Access & registration note: Free single registration for Scotland; PCS-Tender (Jaggaer) for full bidding
Submission deadline
18 Jun 2021, 12:00 BST
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bids opened
18 Jun 2021, 12:00 BST
Detailed submission instructions & authority contactsFrom official release

www.publictendersscotland.publiccontractsscotland.gov.uk ↗

Timeline

18 Jun 2021 → 10 Sept 2021 · 4 dates
  1. Submission deadline
    18 Jun 2021, 12:00 BST
  2. Bids opened
    18 Jun 2021, 12:00 BST
  3. Notice published
    3 Aug 2021, 16:45 BST
  4. Bids must remain valid until
    10 Sept 2021, 23:59 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    3 Aug 2021, 16:45 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £60,0001 contract exc. VAT
Bids received 21 from SMEs
Contracts signed 1latest 3 Aug 2021
Awarded toValueDateStatus
Endsleigh Insurance Limited£60,000 †—Awarded

Contracts

Bid statistics published by the authority

BidsSMEVCSEValid bid range
2bids · 2 electronic · 2 from abroad1——

Contracting authority & participating public bodies

University Of Edinburgh

Contracting authorityEducationBody governed by public lawEducation Charles Stewart House, 9-16 Chambers Street, Edinburgh, Scotland, EH1 1HTContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • Edinburgh Sheriff CourtReview body Edinburgh

Bidders & participating suppliers

1 commercial party on the notice
  • Endsleigh Insurance LimitedAwarded supplier Endsleigh Park, Shurdington Road, Cheltenham, UK, GL51 4UEContact phone

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.