Closed tender

Provision of Insurance Broking Services

Details

Topic
Insurance services
Published
16 March 2026
Submission
10 April 2026

Tender description

This tender seeks the provision of insurance broking services to the University of Exeter, Falmouth University and Falmouth Exeter Plus (“the three institutions”). The contract will be awarded to a single broker capable of servicing all three organisations. Although the institutions work closely together—particularly across the shared Penryn campus—each is distinct in size, structure and operational focus. Bidders must therefore demonstrate a flexible service model that recognises this close partnership while maintaining appropriate confidentiality and discretion between the institutions. Two separate accounts will be established, and bidders are required to submit two pricing schedules: one covering the University of Exeter and Falmouth Exeter Plus, and one for Falmouth University. Examples of the collaborative relationship include cross‑attendance at pre‑renewal meetings where appropriate. Lot 120329: Provision of Insurance Broking Services Attached as document

Timeline

  1. Completed: Tender published16 March 2026
    Current notice
  2. Completed: Submission date10 April 2026

About the buyer

University of Exeter is a higher education institution that runs its own procurement centrally through a dedicated Procurement Services team. Suppliers register on CTM, the university's e-tendering system, to monitor and respond to opportunities as they appear. Larger contracts above this threshold are advertised nationally through Find a Tender and Contracts Finder. Much of this procurement flows through frameworks including the Southern Universities Purchasing Consortium and the Crown Commercial Service. Catering contracts run through the separate TUCO framework. Competitive tendering, not a fixed list of approved suppliers, decides who wins the work in the end.

Education procurement reached £47.4bn in 2024/25, the fourth-largest public sector budget.

Over the past 5 years, most of University of Exeter's contract awards have been in construction work, IT services and laboratory and precision equipment.

Relevant CPV codes

  • 66510000 · Insurance services
  • 66518000 · Insurance brokerage and agency services
  • 66518100 · Insurance brokerage services

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Decision makers

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