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Pensions - Trustee Indemnity Insurance

Scottish Enterprise

This public procurement record has 2 releases in its history.

Award

22 Dec 2021 at 00:00

PCS Notice - Website Contract Award Notice
Tender

08 Nov 2021 at 00:00

PCS Notice - Website Contract Notice
Summary of the contracting process

The procurement process, led by Scottish Enterprise, seeks to appoint a single supplier for the "Pensions - Trustee Indemnity Insurance" contract, valued at £140,000. Located in Glasgow, the procurement method is an open procedure, and it is currently in the Award stage. Key dates include the bid opening on 25 November 2021, with the contract signed on 17 December 2021, following the completion of the tender process. The contract pertains to the services industry, focusing on insurance brokering for the Scottish Enterprise Pension and Life Assurance Scheme.

This tender presents significant opportunities for businesses specialising in insurance services, particularly those capable of delivering professional brokering solutions tailored to pension schemes. Companies that have experience in trustee indemnity insurance or related sectors will be particularly well-suited to compete, as this contract requires expertise and compliance with necessary insurance regulations. Engaging with this contract could enhance a business's portfolio and establish a strong working relationship with a key public sector organisation.

How relevant is this notice?

Notice Information

Notice Title

Pensions - Trustee Indemnity Insurance

Notice Description

The purpose of this ITT is to appoint a single supplier to deliver a professional insurance brokering service to source trustee indemnity insurance cover for the Scottish Enterprise (SE) Pension and Life Assurance Scheme (the Scheme).

Lot Information

Lot 1

The purpose of this ITT is to appoint a single supplier to deliver a professional insurance brokering service to source trustee indemnity insurance cover for the Scottish Enterprise (SE) Pension and Life Assurance Scheme (the Scheme).

Renewal: Contract for a period of 36 months with the option to extend for 1 period of 12 months.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000673072
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC436506
Current Stage
Award
All Stages
Tender, 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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66518100 - Insurance brokerage services

Notice Value(s)

Tender Value
£140,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£140,000 £100K-£500K

Notice Dates

Publication Date
22 Dec 20214 years ago
Submission Deadline
25 Nov 2021Expired
Future Notice Date
Not specified
Award Date
17 Dec 20214 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
Scottish Enterprise
Additional Buyers

Scottish Government

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

Buyer Location

Locality
EDINBURGH
Postcode
G2 6HQ
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
TLM Scotland
Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North

Supplier Information

Number of Suppliers
1
Supplier Name

OPDU

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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