Section one: Contracting authority/entity
one.1) Name and addresses
LONDON UNIVERSITIES PURCHASING CONSORTIUM
Shropshire House,179 Tottenham Court Road
LONDON
W1T7NZ
Contact
Mike Kilner
Telephone
+44 2073072768
Country
United Kingdom
NUTS code
UK - United Kingdom
Internet address(es)
Main address
one.4) Type of the contracting authority
Body governed by public law
one.5) Main activity
Education
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Insurance Services (Professional Indemnity)
two.1.2) Main CPV code
- 66510000 - Insurance services
two.1.3) Type of contract
Services
two.1.4) Short description
London Universities Purchasing Consortium (LUPC) is placing this notice on behalf of ten members of the LUPC Insurance Group, which intend entering into a contract for the procurement of professional indemnity insurance cover commencing 1 August 2021 on a 12-month basis.
two.1.6) Information about lots
This contract is divided into lots: No
two.1.7) Total value of the procurement (excluding VAT)
Value excluding VAT: £1,673,118
two.2) Description
two.2.3) Place of performance
NUTS codes
- UKI - London
- UKJ - South East (England)
two.2.4) Description of the procurement
Professional indemnity insurance as outlined above.
two.2.11) Information about options
Options: No
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Award of a contract without prior publication of a call for competition in the cases listed below
- The procurement falls outside the scope of application of the regulations
Explanation:
A full OJEU tender placed via in 2020 for up to 5 years resulted in a single, subsequently awarded bid on behalf of the LUPC Insurance Group (IG). Immediately prior to the 1 August 2021 renewal, the provider notified that terms would not be re-offered to several IG members. All known and capable professional indemnity insurers in the market were approached by the IG's appointed broker Gallagher, through whom it was confirmed in writing that they would again not be responding to a formal tender process. Gallagher therefore sought and acquired a Line Slip multi-insurer solution through their Specialty and Wholesale Division team in the knowledge that no acceptable bids would be received via a tender process.
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: Yes
four.2) Administrative information
four.2.1) Previous publication concerning this procedure
Notice number: 2020/S 094-225726
Section five. Award of contract/concession
A contract/lot is awarded: Yes
five.2) Award of contract/concession
five.2.1) Date of conclusion of the contract
1 August 2021
five.2.2) Information about tenders
The contract has been awarded to a group of economic operators: Yes
five.2.3) Name and address of the contractor/concessionaire
Berkshire Hathaway Specialty Insurance
Boston
Country
United States
NUTS code
- US - United States
The contractor/concessionaire is an SME
No
five.2.3) Name and address of the contractor/concessionaire
Markel International Insurance Company
London
Country
United Kingdom
NUTS code
- UKI - London
The contractor/concessionaire is an SME
No
five.2.3) Name and address of the contractor/concessionaire
Tokio Marine HCC
London
Country
United Kingdom
NUTS code
- UKI - London
The contractor/concessionaire is an SME
No
five.2.4) Information on value of contract/lot/concession (excluding VAT)
Total value of the contract/lot/concession: £1,673,118
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
London Universities Purchasing Consortium
London
Country
United Kingdom