This public procurement record has 1 release in its history.

Tender

03 Aug 2026 at 16:56

Summary of the contracting process

Jobs and Business Glasgow is procuring insurance services (CPV 66510000) to protect its assets and activities, including those of any subsidiary company. The requirement also covers statutory engineering inspections at various sites. Five service areas are included: property owners’ insurance, management liability, professional indemnity, engineering inspection, and combined liability. The work will support sites and activities in Glasgow. The appointed insurer or insurers must enter a tripartite relationship with Jobs and Business Glasgow and its insurance broker. Staff names and qualifications must be provided. This opportunity suits businesses providing commercial insurance, liability and professional indemnity cover, as well as suitably accredited engineering inspection services.

The procurement has reached tender: Jobs and Business Glasgow invited offers through a selective competitive procedure with negotiation. The tender submission deadline was 3 September 2026 at 12:00, with invitations for the second stage planned for 4 September 2026; the buyer reserved the right to award on initial bids without further negotiation. Five lots are available, and variants are not allowed. Each lot has a contract period from 1 October 2026 to 30 September 2027, with an option to extend for up to two further years on a one-year-plus-one-year basis. Evaluation is based on quality at 40% and price at 60%. At least three candidates are required for the second stage. Submissions must be in English and made in writing.

Lots 1, 2, 3 and 5 are suited to insurers regulated by the Financial Conduct Authority to underwrite insurance business in the UK. Those bidders must hold, or commit to obtain before contract commencement, employer’s compulsory liability cover of £5 million, public liability cover of £10 million and professional indemnity cover of £5 million. They must also hold an A-minus credit rating from Standard & Poor’s or an equivalent rating. Lot 4 is suited to suppliers with UKAS accreditation for the relevant engineering inspection services. The opportunity therefore favours regulated insurers with strong financial standing and capacity to cover organisational assets, management and professional risks, alongside UKAS-accredited inspection providers able to deliver statutory inspections across relevant sites.

How relevant is this notice?

Notice Information

Notice Title

Insurance Cover

Notice Description

Jobs and Business Glasgow (JBG) requires the organisation's assets and activities to be adequately covered by insurance provided by reputable and regulated insurers. Any subsidiary company of JBG must also be covered. The requirement also includes statutory engineering inspections at various sites.

Lot Information

Property Owners

As stated in the procurement documents. Additional information: Please see the Procurement Documents.

Renewal: Option to extend for up to 2 years (1 year + 1 year basis).

Management Liability

As stated in the Procurement Documents. Additional information: As stated in the Procurement Documents.

Renewal: Option to extend for up to 2 years (1 year + 1 year basis).

Professional Indemnity

As stated in the Procurement Documents. Additional information: As stated in the Procurement Documents.

Renewal: Option to extend for up to 2 years (1 year + 1 year basis).

Engineering Inspection

As stated in the Procurement Documents. Additional information: As stated in the Procurement Documents.

Renewal: Option to extend for up to 2 years (1 year + 1 year basis).

Combined Liability

As stated in the Procurement Documents. Additional information: As stated in the Procurement Documents.

Renewal: Option to extend for up to 2 years (1 year + 1 year basis).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06da67
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/073384-2026
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

66515000 - Damage or loss insurance services

66515200 - Property insurance services

66516000 - Liability insurance services

66516500 - Professional liability insurance services

66519200 - Engineering insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
3 Aug 20262 months ago
Submission Deadline
3 Sep 2026Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Oct 2026 - 30 Sep 2027 6-12 months
Recurrence
Approximately 3-4 months before the end of this contract (including any applicable extension).

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Jobs & Business Glasgow
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GLASGOW
Postcode
G4 0UW
Postcode Area
Glasgow
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM82 Glasgow City

Local Authority
Glasgow City
Electoral Ward
Calton
Westminster Constituency
Glasgow North East

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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