Source: https://tendernation.io/opportunities/01a13bc1-7649-7102-8758-93e92026d5c7/property-damage-business-interruption awarded GB direct award procedure # Property Damage & Business Interruption [Liverpool Hope University](https://tendernation.io/buyers/liverpool-hope-university) Estimated value Not stated Published 12 Aug 2025 Deadline Rolling deadline ## About this tender 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. Source Find a Tender (UK) · Notice ocds-h6vhtk-05865d-2025-08-12T15:32:27+01:00 [View official notice](https://www.find-tender.service.gov.uk/Notice/ocds-h6vhtk-05865d-2025-08-12T15:32:27+01:00) Never miss a tender like this again Get AI summaries, deadline alerts and a bid pipeline for tenders matched to your business. Free to start. [Track tenders free](https://tendernation.io/register) [Buyer profile Liverpool Hope University: past awards and live tenders](https://tendernation.io/buyers/liverpool-hope-university) ## More tenders like this [Bannister Sports Centre Athletic Track Soft Market Testing Exercise · Harrow Council · 38 days left · 26 Nov 2026](https://tendernation.io/opportunities/01a1540d-d9e4-71cb-ad57-1603e9042fec/bannister-sports-centre-athletic-track-soft-market-testing-exercise) [Post Office Branch - Porthleven · Post Office Limited · 87 days left · 13 Jan 2027](https://tendernation.io/opportunities/01a15476-5f26-7105-9baf-83f6228041ef/post-office-branch-porthleven) [Post Office Branch - Newlyn · Post Office Limited · 87 days left · 13 Jan 2027](https://tendernation.io/opportunities/01a15476-5f73-73e7-863c-621698162391/post-office-branch-newlyn) [Post Office Branch - Brabazon Road · Post Office Limited · 7 days left · 25 Oct 2026](https://tendernation.io/opportunities/01a15476-5fc3-71dc-b775-e86e4d62cd65/post-office-branch-brabazon-road) [Norwich City Verges Mowing 2026 · Norse Eastern Ltd · 30 days left · 18 Nov 2026](https://tendernation.io/opportunities/01a15476-5fd9-70eb-b920-a66dc3e661e1/norwich-city-verges-mowing-2026) [Asbestos Management Framework · Home Group · 25 days left · 13 Nov 2026](https://tendernation.io/opportunities/01a15476-5fff-736e-ae2e-0c8a400c7297/asbestos-management-framework)