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Property Insurance

The City of Edinburgh Council

This public procurement record has 3 releases in its history.

Award

15 Jan 2026 at 15:40

Award Notice
Tender

22 Sep 2025 at 16:46

Tender Notice
Planning

27 Jan 2025 at 15:39

Planning Notice
Summary of the contracting process

The City of Edinburgh Council has completed the procurement process for Operational Property Insurance services, a project with the OCID ocds-h6vhtk-04d684. This process culminated in the award of a contract to Travelers Insurance Company Ltd, valued at £6,020,000 GBP. The procurement was managed through an open procedure, adhering to the Public Contracts (Scotland) Regulations 2015, allowing for a competitive tender process. The scope of the contract includes ensuring insurance for key council buildings in Edinburgh, such as the Council Headquarters at Waverley Court, City Chambers, Usher Hall, and Central Library. Additionally, it covers housing property insurance for mid-market rentals on behalf of Edinburgh Living. The procurement stage has transitioned to the contract award with Travelers Insurance Company Ltd, effective from December 2025. The open tendering process was initiated and reviewed by The City of Edinburgh Council, a regional or local authority based in Edinburgh, aiming to secure robust insurance coverage for municipal properties.

This procurement offers substantial business growth opportunities, particularly for companies specializing in property insurance and financial services. With Edinburgh's significance as a regional hub, involvement in such insurance services allows firms to enhance their portfolio, showcase expertise in managing large governmental contracts, and access a prestigious client base. Businesses with a strong financial standing and the capability to meet the specified insurance coverage levels would have been best suited to compete. The competition attracted international interest, as evidenced by foreign bids, albeit predominantly from non-EU countries. By participating in such tenders, companies can leverage the opportunity to expand their market presence and establish long-term partnerships with esteemed authorities like The City of Edinburgh Council.

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Notice Information

Notice Title

Property Insurance

Notice Description

The City of Edinburgh Council's (the Council's) Insurance Team is seeking to establish a new contract for Operational Property Insurance. The Council's Insurance Team is also responsible for implementing Housing Property Insurance on behalf of Edinburgh Living and this requirement will be included within this contract.

Lot Information

Lot 1

The Council is seeking to establish a new contract for Operational Property Insurance. This includes key Council buildings including the Council's Headquarters at Waverley Court, the City Chambers, Usher Hall and Central Library. The Council's Insurance Team is also responsible for implementing Housing Property Insurance on behalf of Edinburgh Living and this requirement will cover mid-market rental properties. Additional information: Please see tender documentation.

Renewal: The contract will commence on 1 December 2025 for an initial period of 10 months and two years, with the option to extend for up to a further two years at the sole discretion of the Council. This is to allow all Council insurance policies to align. Edinburgh Living's insurance policy expires on 20 January 2026, therefore, this cover will commence on 20 January 2026 for an initial nine months.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04d684
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/003602-2026
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

66510000 - Insurance services

66515000 - Damage or loss insurance services

66515200 - Property insurance services

Notice Value(s)

Tender Value
£4,400,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£6,020,000 £1M-£10M

Notice Dates

Publication Date
15 Jan 20267 months ago
Submission Deadline
27 Oct 2025Expired
Future Notice Date
1 Jun 2025Expired
Award Date
23 Dec 20258 months ago
Contract Period
Not specified - Not specified
Recurrence
It is envisaged that this contract opportunity will be advertised in the second quarter of 2028 if the extension options are not undertaken, otherwise in the second quarter of 2030.

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
The City of Edinburgh Council
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
EDINBURGH
Postcode
EH8 8BG
Postcode Area
Edinburgh
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM13 City of Edinburgh
Delivery Location
TLM75 City of Edinburgh
Local Authority
City of Edinburgh
Electoral Ward
City Centre
Westminster Constituency
Edinburgh East and Musselburgh

Supplier Information

Number of Suppliers
1
Supplier Name

Travelers Insurance Company Ltd

Further Information

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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