York St John University has published this notice through Delta eSourcing
| Notice Summary |
|---|
| Title: | Property Damage & Business Interruption |
| Notice type: | UK6: Contract award notice |
| Authority: | York St John University |
| Nature of contract: | Services |
| Procedure: | Below threshold - Without competition |
| Short 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. |
| Published: | 31/07/2025 14:17 |
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Scope
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.
To view this notice, please click here:
https://neupc.delta-esourcing.com/delta/viewNotice.html?noticeId=969968087
Total value (estimated):
GBP 116,090.66 excluding VAT
Contract Details
Contract 1
Contract value: GBP 116,090.66 including VAT
Below the relevant threshold: Yes
Award decision date: 31/07/2025
Earliest date the contract will be signed: 01/08/2025
Contract dates (estimated): 02/08/2025 to 31/07/2026
Main procurement category: SERVICES
CPV classifications:
66510000 - Insurance services.
Procedure
Procedure type: Below threshold - without competition