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Insurance Renewals

Strathclyde Partnership for Transport

This public procurement record has 1 release in its history.

Award

22 May 2018 at 01:00

PCS Notice - Website Contract Award Notice
Summary of the contracting process

The procurement process for the 'Insurance Renewals' tender, initiated by the Strathclyde Partnership for Transport, is now complete. This open procedures facilitates procurement for various insurance policies and falls under the transport industry category. The contract was awarded on 4th May 2018, with delivery locations primarily in Strathclyde, specifically in Glasgow, UK. This initiative aims to ensure continued coverage for essential services through multiple lots, including combined liabilities, professional liability, and various excess layers, among others.

This tender presents substantial opportunities for businesses, particularly those within the insurance sector, to expand their market reach and client base by participating in a competitive procurement process. Large insurance firms as well as small and medium enterprises (SMEs) with capabilities in providing comprehensive insurance services will find suitable avenues to compete for awarded contracts. The involvement of notable suppliers suggests a high level of engagement in this market, making it an attractive prospect for potential bidders seeking to enhance their service portfolio.

How relevant is this notice?

Notice Information

Notice Title

Insurance Renewals

Notice Description

Renewal of various Insurance policies

Lot Information

Combined Liabilities: Public & Products

Employers Public and Products Liability

Options: LTA to be submitted if applicable

Crime Fidelity

Crime / fidelity

Options: LTA can be submitted

Professional Liability

Professional Liability

Options: LTA can be submitted

directors and Officer Indemnity

Directors and Officers Indemnity

Options: LTA can be submitted

employers Liability Excess Layer

employers liability Excess Layer 25GBP over 25GBP

Options: LTA to be submitted if applicable

Engineering Inspections

Engineering Inspections

Options: LTA can be submitted

Property Damage - Business Interruption

Property Damage / Business Interruption incl terrorism

Options: LTA to be submitted if applicable

Public - Products Liability 1st Layer GBP 20M

1st Excess Layer 30MGBP over GBP 20m 2nd Excess layer 50GBP over 50 GBP 3rd Excess Layer 25 GBPO over 25GBP

Options: 1st Excess Layer 30MGBP over GBP 20m 2nd Excess layer 50GBP over 50 GBP 3rd Excess Layer 25 GBPO over 25GBP LTA to be submitted if applicable

Public-Product Liability 2nd Excess Layer GBP 50M over 50M

Lot 3 option Public / Product Liability 2nd Excess Layer GBP 50M over GBP 50M. Under lot 3 as option in contract documentation

Options: LTA can be provided

Public-Product Liability 3rd Excess Layer GBP55M over GBP100M

Lot 3 Option in tender documentation Public / Product Liability 3rd Excess Layer GBP 55M over GBP 100M. Lot 3 Option in tender documentation

Options: LTA can be submitted

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000541071
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY319709
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
PCS Notice - Website Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

66515200 - Property insurance services

66515410 - Financial loss 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
£887,591 £500K-£1M

Notice Dates

Publication Date
22 May 20188 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
4 May 20188 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Strathclyde Partnership for Transport
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
G2 5JF
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
TLM8 West Central Scotland
Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North

Supplier Information

Number of Suppliers
5
Supplier Names

AIG Europe Limited

QBE Insurance (Europe) Ltd

RSA Insurance

Risk Management Partners Ltd

Travelers Insurance Company Ltd

Further Information

Notice Documents

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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