Tender

Insurance Services

LOCAL SPACE

This public procurement record has 1 release in its history.

Tender

07 Jan 2026 at 12:03

Summary of the contracting process

Local Space, a public authority operating within the sub-central government sector, is inviting tenders for a comprehensive Insurance Services contract, valued at £675,000. The contract encompasses an array of insurance needs, including Property Stock, Combined Liability, Terrorism, Excess Liability, Crime, and Directors and Officers Liability insurance. The procurement follows a competitive flexible procedure, with submissions required by 6th February 2026. The contract, anticipated to commence on 1st May 2026, will cover various regions throughout the United Kingdom, with an initial term of three years and the possibility of a two-year extension. The tender is in the active stage, with Arthur J. Gallagher (UK) Limited serving as the procuring entity, providing insurance expertise for evaluating potential offers.

This tender presents a valuable opportunity for businesses specialising in insurance services, particularly those with capabilities in providing customised and comprehensive coverage packages. Small and medium-sized enterprises (SMEs) are encouraged to compete, as the contracts will be evaluated on both price (60% weight) and quality (40% weight), thus offering a balanced consideration of competitive pricing and high service standards. With a diverse array of insurance needs outlined and the vast reach of the contract across the UK, experienced insurance providers with a focus on innovation and client-specific solutions are well-suited to capitalise on this business growth opportunity.

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Notice Title

Insurance Services

Notice Description

Local Space are tendering for the provision of Insurance Services for a potential 3 year contract with the option to extend by a further 2 years. Our insurance cover requirements include the following - * Property Stock Insurance * Public & Employers' Liability Insurance * Terrorism Insurance * Excess Liability Insurance * Crime Insurance * Directors & Officers Liability Insurance

Lot Information

Property Stock

Provision of Insurance cover for Property stock in England.

Renewal: A 2 year extension is permissible

Combined Liability

Provision of Combined Liability Insurance

Renewal: A 2 year extension is permissible

Terrorism

Provision of Terrorism insurance

Renewal: A 2 year extension is permissible

Excess Liability

Provision of Excess Liability insurance

Renewal: A 2 year extension is permissible

Crime

Provision of insurance against loss due to crime

Renewal: A 2 year extension is permissible

Directors and officers liability

Provision of directors and officers liability insurance

Renewal: A 2 year extension is permissible

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0600dc
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/001015-2026
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive flexible procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66513000 - Legal insurance and all-risk insurance services

66515000 - Damage or loss insurance services

66515200 - Property insurance services

66515410 - Financial loss insurance services

66516000 - Liability insurance services

66516400 - General liability insurance services

Notice Value(s)

Tender Value
£675,000 £500K-£1M
Lots Value
£675,000 £500K-£1M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
7 Jan 20261 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Apr 2026 - 30 Apr 2029 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
LOCAL SPACE
Additional Buyers

ARTHUR J. GALLAGHER (UK) LIMITED

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
E15 4BZ
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLI London, TLJ South East (England), TLK South West (England)

Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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                "hasRenewal": true,
                "renewal": {
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        ],
        "documents": [
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}