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Insurance Brokerage Services to Scottish Enterprise

Scottish Enterprise

This public procurement record has 1 release in its history.

Award

07 Dec 2021 at 00:00

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

Scottish Enterprise, located at Atrium Court, 50 Waterloo Street, Glasgow, has recently completed the procurement process for "Insurance Brokerage Services to Scottish Enterprise". The contract, awarded to Arthur J Gallagher, is set to last for 36 months with an estimated value between £630,000 and £900,000, excluding VAT, starting from 1st December 2021. This procurement was executed through an open procedure under the Crown Commercial Services Insurance Services and Related Services framework RM6020, with the award being finalised on 29th November 2021.

This tender presents a significant opportunity for businesses specialising in insurance brokerage and related services. Companies that have the experience and capacity to manage insurance policies and claims effectively would be well-positioned to compete for such contracts. The projected extension of the contract for an additional year may also attract other suppliers looking to establish longer-term relationships with Scottish Enterprise, further expanding market opportunities in the public sector.

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Notice Information

Notice Title

Insurance Brokerage Services to Scottish Enterprise

Notice Description

Scottish Enterprise to appoint a single supplier to act as Insurance Broker for Scottish Enterprise who will manage our policies and claims handling, as set out below, to Scottish Enterprise. It is anticipated that the contract will start on 1st December 2021 for a period of 36 months . The value of the contract including policy premiums is expected to be in the region of between 630,000 GBP and 900,000 GBP excluding VAT. After this period, Scottish Enterprise will have the option to extend the contract for a further period of 12 months with an estimated value between 210,000 GBP and 300,000 GBP excluding VAT. This has been called off through the Crown Commercial Services Insurance Services and Related Services 3 framework RM6020

Lot Information

Lot 1

Scottish Enterprise wish to appoint a single supplier to act as Insurance Broker for Scottish Enterprise who will manage our policies and claims handling, as set out below, to Scottish Enterprise. It is anticipated that the contract will start on 1st December 2021 for a period of 36 months . The value of the contract including policy premiums is expected to be in the region of between 630,000 GBP and 900,000 GBP excluding VAT.After this period, Scottish Enterprise will have the option to extend the contract for a further period of 12 months with an estimated value between 210,000 GBP and 300,000 GBP excluding VAT. This has been called off through the Crown Commercial Services Insurance Services and Related Services 3 framework RM6020

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000675305
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC435009
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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66518000 - Insurance brokerage and agency services

66518100 - Insurance brokerage services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£1,200,000 £1M-£10M

Notice Dates

Publication Date
7 Dec 20214 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
29 Nov 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
GLASGOW
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

Arthur J Gallagher

Further Information

Notice Documents

  • https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC435009
    Insurance Brokerage Services to Scottish Enterprise - Scottish Enterprise to appoint a single supplier to act as Insurance Broker for Scottish Enterprise who will manage our policies and claims handling, as set out below, to Scottish Enterprise. It is anticipated that the contract will start on 1st December 2021 for a period of 36 months . The value of the contract including policy premiums is expected to be in the region of between 630,000 GBP and 900,000 GBP excluding VAT. After this period, Scottish Enterprise will have the option to extend the contract for a further period of 12 months with an estimated value between 210,000 GBP and 300,000 GBP excluding VAT. This has been called off through the Crown Commercial Services Insurance Services and Related Services 3 framework RM6020

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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