This public procurement record has 1 release in its history.

Tender

03 Aug 2026 at 00:00

Summary of the contracting process

The procurement process by Jobs and Business Glasgow, a central purchasing body experienced in economic development, invites tenders for the "Insurance Cover" contract. This involves providing adequate insurance coverage for the organisation's assets and activities, as well as those of its subsidiaries, alongside statutory engineering inspections at various sites. The procurement falls under the services category and is being conducted through a competitive procedure with negotiation. The tender is active, with submissions required by the 3rd of September, 2026. The contract period is slated to begin on the 1st of October, 2026, and end on the 30th of September, 2027, with an option to extend for up to two additional years. The procurement encompasses several lots, including Property Owners, Management Liability, and Professional Indemnity, among others.

This tender presents significant opportunities for businesses, especially reputable and regulated insurers with experience in covering large asset portfolios. It is particularly suited for insurers regulated by the Financial Conduct Authority and those with a strong credit rating, as delineated by Standard & Poor’s. Additionally, suppliers accredited by UKAS to provide engineering inspection services could find this an attractive prospect. With varying criteria focused on quality and price, businesses capable of delivering high-standard services while maintaining competitive pricing will have a competitive edge. Submissions, via written means in English, will be done through the contracting authority's insurance broker, providing a streamlined process for interested parties. Successful engagement in this opportunity could enhance a business's portfolio and increase connections in the public sector domain.

How relevant is this notice?

Notice Title

Insurance Cover

Notice Description

Jobs and Business Glasgow (JBG) 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. The requirement also includes statutory engineering inspections at various sites.

Lot Information

Property Owners

As stated in the procurement documents.. Please see the Procurement Documents.

Renewal: Option to extend for up to 2 years (1 year + 1 year basis).

Management Liability

As stated in the Procurement Documents.. As stated in the Procurement Documents.

Renewal: Option to extend for up to 2 years (1 year + 1 year basis).

Professional Indemnity

As stated in the Procurement Documents.. As stated in the Procurement Documents.

Renewal: Option to extend for up to 2 years (1 year + 1 year basis).

Engineering Inspection

As stated in the Procurement Documents.. As stated in the Procurement Documents.

Renewal: Option to extend for up to 2 years (1 year + 1 year basis).

Combined Liability

As stated in the Procurement Documents.. As stated in the Procurement Documents.

Renewal: Option to extend for up to 2 years (1 year + 1 year basis).

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000838679
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=AUG561509
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
OJEU - F2 - Contract Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

66515000 - Damage or loss insurance services

66515200 - Property 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
Not specified

Notice Dates

Publication Date
3 Aug 20263 days ago
Submission Deadline
3 Sep 20264 weeks to go
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Oct 2026 - 30 Sep 2027 6-12 months
Recurrence
Approximately 3-4 months before the end of this contract (including any applicable extension).

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
JOBS AND 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
Post Town
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

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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