United Kingdom-Nottingham: Insurance services
Section I: Contracting authority
The University of Nottingham
Kings Meadow Campus, Lenton Lane
Contact point(s): UKF14
NG7 2NR Nottingham
General address of the contracting authority: http://www.nottingham.ac.uk
Address of the buyer profile: https://in-tendhost.co.uk/universityofnottingham
Electronic access to information: https://in-tendhost.co.uk/universityofnottingham
Electronic submission of tenders and requests to participate: https://in-tendhost.co.uk/universityofnottingham
Further information can be obtained from: The above mentioned contact point(s)
Specifications and additional documents (including documents for competitive dialogue and a dynamic purchasing system) can be obtained from: The above mentioned contact point(s)
Tenders or requests to participate must be sent to: The above mentioned contact point(s)
Section II: Object of the contract
Service category No 6: Financial services a) Insurances services b) Banking and investment services
NUTS code UKF14
66510000, 66510000, 66516000, 66516500, 66514110
Tenders may be submitted for one or more lots
Estimated value excluding VAT: 210 000 GBP
Description of these options: The initial contracts will be for 1 year period. The university would welcome proposals for 3 year long term agreements.
Provisional timetable for recourse to these options:
in months: 12 (from the award of the contract)
Information about lotsLot No: 1 Lot title: Motor
Section III: Legal, economic, financial and technical information
Description of particular conditions: Please see tender documentation.
Information and formalities necessary for evaluating if the requirements are met: Candidates will be assessed in accordance with Section 5 of the Public Contracts Regulations 2015 (as amended), on the basis of information provided in response to the procurement documents. The procurement documents can be accessed at http://intendhost.co.uk/universityofnottingham using the instructions detailed in III.2.1)The Contracting Authority may take into account any of the following information:
(a) A copy of the audited accounts for the most recent 2 years;
(b) A statement of the turnover, profit and loss account, current liabilities and assets, and cash flow for the most recent year of trading for this organisation;
(c) A statement of the cash flow forecast for the current year and a bank letter outlining the current cash and credit position;
(d) Alternative means of demonstrating financial status if any of the above are not available (e.g. Forecast of turnover for the current year and a statement of funding provided by the owners and/or the bank, charity accruals accounts or an alternative means of demonstrating financial status);
(e) Where the Contracting Authority has specified a minimum level of economic and financial standing and/or a minimum financial threshold within the evaluation criteria of the procurement documents for this procurement.
Candidates will be assessed in accordance with Section 5 of the Public Contracts Regulations 2015 (as amended), on the basis of information provided in response to the procurement documents.
Reference to the relevant law, regulation or administrative provision: Insurers and re-insurers regulated by the Financial Conduct Authority or an equivalent body. University mutual associations.
Section IV: Procedure
The most economically advantageous tender in terms of the criteria stated below
1. Price. Weighting 50
2. Scope and cover. Weighting 25
3. Account management. Weighting 5
4. Relevant sector knowledge and expertise. Weighting 2
5. Innovation. Weighting 2
6. Added value. Weighting 1
7. Claims handling. Weighting 15
Payable documents: no
Persons authorised to be present at the opening of tenders: no
Section VI: Complementary information
Estimated timing for further notices to be published: April 2017.
This procurement will be managed electronically via the Contracting Authority's e-Tendering Site. The participate in this procurement participants must first be registered on the e-Tendering site. If you have not yet registered on the e-Tendering site, this can be done online at https://www.intendhost.com/Universityofnottingham/ by following the link Register. Full instructions for registration and use to the system can be found at https://www.intendhost.com/Universityofnottingham/aspx/BuyerProfiles Once you have registered on the e-Tendering site, a registered user can Express Interest for a specific procurement. This is done by login to the e-Tendering site, selecting Tenders and Current from the top navigation bar, locating the specific procurement you wish to Express Interest in, select View Details and then scroll down to the bottom of the page and click Express Interest on the right hand side. As a user of the e-Tendering site you will have access to In-Tend email messaging service which facilitates all correspondence sent to you and from you in relation to any specific procurement event. To make sure you receive our email notifications and to endure our emails reach your inbox, please add our e-Tendering Site host email domain @in-tend.co.uk to your safe sender list and check your spam filter settings. Please note it is your responsibility to access these emails on a regular basis throughout the procurement to ensure you have sight of all relevant information. For technical assistance (only) on e-Tendering Site, please contact In-Tend Support Desk email: email@example.com or via telephone +44 1144070065. Responses must be published by the date in IV.3.4)
All correspondence and expressions of interest relating to this procurement must be made through the contracting authority's e-Tendering Site: https://www.in-tendhost.com/Universityofnottingham/ Non Compliant expressions of interest will not be considered or acknowledged.The contracting authority reserves the right:
(i) Not to award any contract as a result of the procurement process related to the publication of this notice; and
(ii) To make whatever changes it may see fit to the content and structure of the procurement (limited to the extent permitted under the Public Contract Regulation 2015); and in no circumstances will the contracting authority be liable for any costs incurred by the candidates. Any expenditure, work or effort undertaken prior to contract award is accordingly a matter solely for the commercial judgement of the candidate. Electronic ordering, invoicing and payment may be used by the contracting authority under this contract.
Please refer to VI.4.2)
The University of Nottingham
Internet address: http://in-tend.co.uk/universityofnottingham