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Property Damage & Business Interruption

LIVERPOOL HOPE UNIVERSITY

Buyer Contact Info

Buyer Name: LIVERPOOL HOPE UNIVERSITY

Buyer Address: HOPE PARK, TAGGART AVENUE, LIVERPOOL, UKD72, L16 9JD, United Kingdom

Contact Email: procurement@hope.ac.uk

Status
complete
Procedure
direct
Value
124147.26 GBP
Published
12 Aug 2025, 14:32
Deadline
n/a
Contract Start
13 Aug 2025, 23:00
Contract End
31 Jul 2026, 22:59
Category
n/a
CPV
66510000 - Insurance services
Region
n/a
Awarded To
Aviva Insurance Limited
Official Source
Open Find a Tender

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.

Linked Documents

No linked documents found for this notice.

Opportunity Context

Lots

Lot 1 Status: complete

Awards

Award Title: Property Damage & Business Interruption

Raw Notice JSON

Expand raw payload
{
  "awards": [
    {
      "aboveThreshold": false,
      "contractPeriod": {
        "endDate": "2026-07-31T23:59:59+01:00",
        "startDate": "2025-08-14T00:00:00+01:00"
      },
      "date": "2025-08-12T00:00:00+01:00",
      "documents": [
        {
          "datePublished": "2025-08-12T15:32:27+01:00",
          "description": "Contract award notice on Find a Tender",
          "documentType": "awardNotice",
          "format": "text/html",
          "id": "048119-2025",
          "noticeType": "UK6",
          "url": "https://www.find-tender.service.gov.uk/Notice/048119-2025"
        }
      ],
      "id": "1",
      "items": [
        {
          "additionalClassifications": [
            {
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              "id": "66510000",
              "scheme": "CPV"
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          "deliveryAddresses": [
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              "countryName": "United Kingdom",
              "region": "UKD72"
            }
          ],
          "id": "1",
          "relatedLot": "1"
        }
      ],
      "mainProcurementCategory": "services",
      "milestones": [
        {
          "dueDate": "2025-08-13T23:59:59+01:00",
          "id": "1",
          "status": "scheduled",
          "type": "futureSignatureDate"
        }
      ],
      "relatedLots": [
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      ],
      "status": "active",
      "suppliers": [
        {
          "id": "GB-COH-SC002116",
          "name": "Aviva Insurance Limited"
        }
      ],
      "title": "Property Damage \u0026 Business Interruption",
      "value": {
        "amount": 124147.26,
        "amountGross": 124147.26,
        "currency": "GBP"
      }
    }
  ],
  "buyer": {
    "id": "GB-COH-03285547",
    "name": "LIVERPOOL HOPE UNIVERSITY"
  },
  "date": "2025-08-12T15:32:27+01:00",
  "id": "048119-2025",
  "initiationType": "tender",
  "language": "en",
  "ocid": "ocds-h6vhtk-05865d",
  "parties": [
    {
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        {
          "id": "PXCM-1417-MQRR",
          "scheme": "GB-PPON"
        }
      ],
      "address": {
        "country": "GB",
        "countryName": "United Kingdom",
        "locality": "LIVERPOOL",
        "postalCode": "L16 9JD",
        "region": "UKD72",
        "streetAddress": "HOPE PARK, TAGGART AVENUE"
      },
      "contactPoint": {
        "email": "procurement@hope.ac.uk"
      },
      "details": {
        "classifications": [
          {
            "description": "Public authority - sub-central government",
            "id": "publicAuthoritySubCentralGovernment",
            "scheme": "UK_CA_TYPE"
          }
        ]
      },
      "id": "GB-COH-03285547",
      "identifier": {
        "id": "03285547",
        "scheme": "GB-COH"
      },
      "name": "LIVERPOOL HOPE UNIVERSITY",
      "roles": [
        "buyer"
      ]
    },
    {
      "additionalIdentifiers": [
        {
          "id": "PWWW-5899-LHTP",
          "scheme": "GB-PPON"
        }
      ],
      "address": {
        "country": "GB",
        "countryName": "United Kingdom",
        "locality": "Perth",
        "postalCode": "PH2 0NH",
        "region": "UKM77",
        "streetAddress": "Pitheavlis"
      },
      "contactPoint": {
        "email": "marie-claire.gregory@aviva.com"
      },
      "details": {
        "scale": "large",
        "url": "https://www.aviva.co.uk/business/",
        "vcse": false
      },
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      "identifier": {
        "id": "SC002116",
        "scheme": "GB-COH"
      },
      "name": "Aviva Insurance Limited",
      "roles": [
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      ]
    }
  ],
  "tag": [
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  "tender": {
    "description": "Property Damage \u0026 Business Interruption: Policy for material damage, business interruption, machinery breakdown and computer breakdown combined.\nThis 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. \nThe 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.\nGiven 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.",
    "id": "PDBI DA",
    "legalBasis": {
      "id": "2023/54",
      "scheme": "UKPGA",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
    },
    "lots": [
      {
        "id": "1",
        "status": "complete"
      }
    ],
    "procurementMethod": "direct",
    "procurementMethodDetails": "Below threshold - without competition",
    "status": "complete",
    "title": "Property Damage \u0026 Business Interruption"
  }
}