Scope
Reference
PDBI DA
Description
Property Damage & Business Interruption: Policy for material damage, business interruption, machinery breakdown and computer breakdown combined.
This notice concerns a necessary portion of insurance cover for which a recent competitive tendering procedure, conducted via a framework agreement (YPO DPS Ref: 001198), did not yield a suitable result.
The tenders received for this specific component of cover were demonstrably substantially above the prevailing market rate, preventing a complete award under the established framework. To have proceeded would have resulted in poor value for money being achieved. Neither was full retendering possible due to the imminent expiration of existing insurance provisions.
Given the critical nature of this insurance cover for continued operations, and in accordance with Section 43 of the Procurement Act 2023 concerning switching to direct award when suitable tenders are not received, a direct award for this sub-threshold element of the cover is being made. This action is taken to ensure the University has 12 months of full, essential coverage, reflecting the extreme and unavoidable urgency of the situation, which could not have been reasonably foreseen or attributed to the contracting authority.
Contract 1. Property Damage & Business Interruption
Supplier
Contract value
- £124,147.26 excluding VAT
- £124,147.26 including VAT
Below the relevant threshold
Award decision date
12 August 2025
Earliest date the contract will be signed
13 August 2025
Contract dates (estimated)
- 14 August 2025 to 31 July 2026
- 11 months, 18 days
Main procurement category
Services
CPV classifications
- 66510000 - Insurance services
Contract locations
- UKD72 - Liverpool
Procedure
Procedure type
Below threshold - without competition
Supplier
Aviva Insurance Limited
- Companies House: SC002116
- Public Procurement Organisation Number: PWWW-5899-LHTP
Pitheavlis
Perth
PH2 0NH
United Kingdom
Email: marie-claire.gregory@aviva.com
Website: https://www.aviva.co.uk/business/
Region: UKM77 - Perth & Kinross and Stirling
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Contract 1. Property Damage & Business Interruption
Contracting authority
LIVERPOOL HOPE UNIVERSITY
- Companies House: 03285547
- Public Procurement Organisation Number: PXCM-1417-MQRR
HOPE PARK, TAGGART AVENUE
LIVERPOOL
L16 9JD
United Kingdom
Email: procurement@hope.ac.uk
Region: UKD72 - Liverpool
Organisation type: Public authority - sub-central government