RFP QuestBeta
Awarded · ResultStage · contract

UNIVERSITY OF SOUTHAMPTON

Hydraulic Lab Equipment (Wave Flume)

Laboratory EquipmentCPV 38420000
Value£165k
Awarded8 Feb 2023
Published17 Aug 2023
RegionNationwide
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£165ktotal contract value
median £70k
this tender£0£588k

This sits in the upper-middle of the Laboratory & Precision Equipment band — a substantial contract for the sector. Based on 9,869 valued Laboratory & Precision Equipment tenders in our corpus.

The brief

This project is to procure one Wave flume with a raised walkway which is to be installed and commissioned into the University's Future Towns Innovation Hub flume laboratory.

Procurement Process: Open Procedure This procurement process is being conducted as an open procedure; consisting of an Invitation to Tender stage.

Contract Period: 5 years 6 months, to include delivery period, warranty, maintenance and servicing The University proposes to enter into a Contract for 5 years and 6 months - this will be the maximum contract period, including any potential extensions] with the successful tenderer(s).

This will comprise of an initial contract period of 5 years and 6 months for the provision of the equipment including a 5 year warranty.

The contract will be effective on signing.

The initial term of the warranty of 5 years will run from the date of acceptance of the equipment.

Contract Value: £140,000 The estimated value of the initial 5 years and 6 month contract period is £110,000 to £140,000, excluding VAT.

This value includes all related components, services and maintenance for the contract period.

The total estimated value of this contract is £140,000.

To support the financial assessment, the University will obtain a Business Risk Report for all Tenderers and every organisation that is being relied on to meet this procurement, using an independent company called Creditsafe.

The University reserves the right to exclude a Tenderer or request provision of further assurances such as parent company/bank guarantee or performance bonds where a Tenderer's Business Risk Score is: "Moderate Risk"; "High Risk"; "Very High Risk"; or "Not Rated", based on the rating provided by Creditsafe Where a Business Risk Score from our external system is not available, then an alternative method of assessing financial standing will be used.

This method is detailed within the Invitation to Tender document set.

Minimum level(s) of standards possibly required: Potential Tenderers are advised that a requirement of this procurement is to have in place, or commit to obtain prior to the commencement of the contract, the following minimum insurance levels: Employers (Compulsory) Liability: £10 million GBP per occurrence.

Public Liability: £10 million GBP per occurrence.

Product Liability: £10 million GBP per occurrence and in aggregate Professional Indemnity Insurance: £5 million GBP per occurrence.

Tenderers attention is drawn to the MANDATORY requirements of the award criteria: e.g. - Grounds for mandatory exclusion - Grounds for discretionary exclusion - Economic & Financial Standing - Insurance - Compliance with equality legislation - Health & Safety - Legal requirements - Specification section 20 - Management Information - Specification section 23 - Advertising, competitive activity & registration - Specification Section 24, 25 & 26 Control of Contractors Health & Safety (CC3) Form

Requirements

What the notice asks for

01

To support the financial assessment, the University

To support the financial assessment, the University will obtain a Business Risk Report for all Tenderers and every organisation that is being relied on to meet this procurement, using an independent company called Creditsafe.

Sentences from the notice that state an obligation, surfaced automatically and shown in the order they appear. Not an exhaustive list — always confirm against the tender documents.

The gates

What this notice demands of you

3 named, none in explicit obligation language. Each one is quoted from the notice.

Audited accounts / financial standingFinancial standing & cover
Where a Business Risk Score from our external system is not available, then an alternative method of assessing financial standing will be used.
Employers' / public liability insuranceFinancial standing & cover
Public Liability: £10 million GBP per occurrence.
Professional indemnity insuranceFinancial standing & cover
Professional Indemnity Insurance: £5 million GBP per occurrence.

Matched against the notice text, so this is a floor — the tender pack will demand things the notice never mentions. “Says must” means the quoted sentence itself used obligation language; anything ambiguous is left as a mention.

Buyer intelligence

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Source & provenance
OCID
f634cc64-efd6-448f-b728-27bd9ebb0c88
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
2021UoS-0361
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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