Insurance Inspections & Thorough Examinations 2021 - 2024

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                "description": "Perth and Kinross Council are seeking to appoint suitably qualified and experienced Supplier to carry out insurance checks and thorough examinations in accordance with HSE legislation in public buildings. The regulations that specifically apply to this contract are; - The Lifting Operations and Lifting Equipment Regulations 1998 (LOLER) - The Pressure Systems Safety Regulations 2000 (PSSR) - Provision and Use of Work Equipment Regulations 1998 (PUWER) - Control of Substances Hazardous to Health 2002 (COSHH)",
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                    "description": "4B.4 Bidders will be required to state the values for the following for the last two financial years: 1. Current Ratio (Current Assets divided by Current Liabilities) 2. Net Assets (Net Worth) (value per the Balance Sheet, no calculations required) 4B.5.1 The Bidder must confirm they already have, or can commit to obtain, prior to commencement of the contract the types and levels of insurance indicated below:",
                    "minimum": "4B.4 The acceptable range is: 1. Current Ratio it is expected that the ratio for all years is equal to or greater than 1, i.e. Current Assets will equal or exceed Current Liabilities. Reasons for not meeting the required test to be disclosed by tenderers together with appropriate supporting evidence to confirm the suitability of the tenderer for the contract. 2. Net Assets (Net Worth) it is expected that the Net Worth for all years will be positive, i.e. a Net Assets position. Reasons for not meeting the required test to be disclosed together with appropriate supporting evidence to confirm the suitability of the tenderer for the contract. The Council will download a Dun & Bradstreet Credit Report for the preferred supplier prior to the award of contract. The contract will not be awarded in the event that the assessment of business failure is regarded as 'High' or 'Severe'. The Council may require additional satisfactory evidence in the event that the risk of business failure is regarded as 'Moderate - High' or 'Moderate' to justify the award of contract. If the supplier fails to provide satisfactory and acceptable evidence, Perth & Kinross Council is not obliged to award the contract to the most economically advantageous tenderer. 4B.5.1 Employer's Liability Insurance in the sum of 10,000,000 GBP for each and every claim. Public Liability Insurance in the sum of 5,000,000 GBP for each and every claim. Professional Indemnity Insurance in the sum of 2,000,000 GBP in the aggregate of one automatic reinstatement of this sum permitted within the policy terms. All Machinery (Plant & Equipment) Insurance: Sudden & Unforseen Explosion - limit of liability 500,000 GBP Own Surrounding Property - limit of liability 2,000,000 GNP Insurer's must have a credit rating of at least or above: A - Standard & Poors or equivalent"
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