This public procurement record has 2 releases in its history.

Award

04 Oct 2018 at 01:00

Tender

05 Jul 2018 at 01:00

Summary of the contracting process

The procurement process for "Insurance Cover" was initiated by Jobs & Business Glasgow, located at Ladywell Business Centre, 94 Duke Street, Glasgow, G4 0UW. This tender falls under the services industry category and employs a selective procurement method through a competitive procedure with negotiation. The tender is currently in the active stage, with a submission deadline set for 9 August 2018. Businesses interested in this tender should be aware that it encompasses multiple lots, including Commercial Combined, Material Damage & Business Interruption, Casualty insurance, and various excess layers, all aimed at covering the assets and activities of the organisation.

This tender represents a significant opportunity for insurance firms and providers, particularly those with capacity in major coverage areas such as liability, property, and commercial insurance. Companies with a solid financial standing, specifically those able to demonstrate an "A" credit rating from recognised agencies and regulated by the Financial Conduct Authority (FCA), would be well-suited to compete. The potential for business growth is notable, as successful bidders will engage in long-term contracts with the possibility of renewal, fostering stability and a solid customer relationship with a prominent public organisation.

How relevant is this notice?

Notice Title

Insurance Cover

Notice Description

Jobs & Business Glasgow 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.

Lot Information

Commercial Combined

As stated in the procurement documents.. You have the option of submitting your response under the Commercial Combined lot, or we will also consider responses for Property in isolation and also Liabilities in isolation.

Renewal: Option to extend for up to 12 months.

Material Damage & Business Interruption

As stated in the procurement documents.

Renewal: Option to extend for up to 12 months.

Casualty inc Employers/Public/Product Liability

As stated in the procurement documents.

Renewal: Option to extend for up to 12 months.

Professional Indemnity

As stated in the procurement documents.

Renewal: Option to extend for up to 12 months.

Excess Layers (Product Liability)

As stated in the procurement documents.

Renewal: Option to extend for up to 12 months.

Directors & Officers Liability

As stated in the procurement documents.

Renewal: Option to extend for up to 12 months.

Engineering Inspection

As stated in the procurement documents.

Renewal: Option to extend for up to 12 months.

Motor Fleet

As stated in the procurement documents.

Renewal: Option to extend for up to 12 months.

Business Travel

As stated in the procurement documents.

Renewal: Option to extend for up to 12 months.

Excess Layers (Employers Liability)

As stated in the procurement documents.

Renewal: Option to extend for up to 12 months.

Excess Layers (Public Liability)

As stated in the procurement documents.

Renewal: Option to extend for up to 12 months.

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000548509
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT333540
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
OJEU - F3 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

66514110 - Motor vehicle insurance services

66515200 - Property 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
£392,922 £100K-£500K

Notice Dates

Publication Date
4 Oct 20187 years ago
Submission Deadline
9 Aug 2018Expired
Future Notice Date
Not specified
Award Date
17 Sep 20187 years ago
Contract Period
Not specified - Not specified
Recurrence
Approximately 3-4 months before the end of this contract (including any applicable extension).

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Unsuccessful
Contracts Status
Active

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

Supplier Information

Number of Suppliers
4
Supplier Names

AIG Europe Ltd

Bureau Veritas UK Ltd

CNA Hardy

Zurich

Further Information

Notice Documents

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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