--- title: "Property Insurance" ocid: "ocds-r6ebe6-0000477173" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000477173" markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000477173.md" json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000477173.json" source: "Public Contracts Scotland" current_stage: "Award" buyer: "THE CITY OF EDINBURGH COUNCIL" published: "2017-11-07" --- # Property Insurance Buyer: THE CITY OF EDINBURGH COUNCIL Current stage: Award OCID: ocds-r6ebe6-0000477173 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000477173) [Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000477173.json) ## Summary The City of Edinburgh Council is conducting a public procurement process for Property Insurance, aimed at protecting its publicly owned assets, which falls under the housing and community amenities industry category. Located in Edinburgh, the procurement is currently in the Award stage, with a contract duration of five years and the possibility of two two-year extensions. The tender process for submissions concluded on 16 June 2017, and the awards for the three lots, which include Owned and Operational Properties, Leased-out Industrial and Commercial Properties, and Leased-out Theatres, were signed on 26 September 2017 as part of an open procedure. This tender presents significant opportunities for businesses specialising in insurance services, particularly those that can provide comprehensive coverage for municipal buildings. Companies that have relevant experience in handling similar contracts—along with the necessary financial standing and insurance qualifications—will be favourably positioned to compete. The requirement for substantial insurance coverage levels suggests that experienced insurers with strong financial backing will find this a suitable opportunity to expand their client base within the public sector. ## Notice The City of Edinburgh Council assets are publicly owned; it requires to protect these by means of a suitable insurance programme. The Council currently insures its owned and operational buildings (lot 1) for the perils of fire, lightning, explosion and aircraft with a 250,000 GBP excess. Since the commencement of the current long- term agreement there have been no claims above the excess under the owned and operational policy. The Council also currently insures leased-out industrial and commercial properties (lot 2) as well as leased-out theatres (lot 3) for the perils of fire, lightning, explosion and aircraft with a Nil excess, all other perils with a 250 GBP excess. It is intended to agree a new long-term agreement with the successful tenderer(s) for a period of five years with two two-year discretionary extensions. It is intended to continue with a three lot structure: 1 Owned and operational properties 2 Leased-out industrial and commercial properties 3 Leased-out theatres ### Lot Information Owned and operational properties The Council currently insures its owned and operational buildings for the perils of fire, lightning, explosion and aircraft with a 250,000 GBP excess. Since the commencement of the current long- term agreement there have been no claims above the excess under the owned and operational policy. The Council is accepting variant bids for consideration with perils of fire, lightning, explosion and aircraft cover with a 1,000,000 GBP excess.. See tender documentation Renewal: Optional extension(s) up to 48 months, undertaken at the sole discretion of the Council. Leased-out industrial and commercial properties Leased-out industrial and commercial properties are insured for fire, lightning, explosion and aircraft with a Nil excess, all other perils with a 250 GBP excess.. See tender documentation. Renewal: Optional extension(s) up to 48 months, undertaken at the sole discretion of the Council. Leased-out theatres Leased-out theatres are insured for fire, lightning, explosion and aircraft with a Nil excess, all other perils with a 250 GBP excess.. See tender documentation. Renewal: Optional extension(s) up to 48 months, undertaken at the sole discretion of the Council. ## Key Details | Field | Value | | --- | --- | | Publication source | Public Contracts Scotland | | Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV300483 | | Notice type | OJEU - F3 - Contract Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Planning, Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 7 Nov 2017 | | Submission deadline | 16 Jun 2017 | | Future notice date | 19 Apr 2017 | | Award date | 26 Sep 2017 | | Contract period | Not specified | | Recurrence | 54 months or up to 102 months if extensions utilised. | ## Values | Field | Value | | --- | --- | | Tender value | £10,000,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Complete | | Awards status | Not specified | | Contracts status | Active | ## Buyer | Field | Value | | --- | --- | | Main buyer | THE CITY OF EDINBURGH COUNCIL | | Locality | EDINBURGH | | Post town | Edinburgh | | Postcode | EH8 8BG | | Country | Scotland | | ITL 1 | TLM Scotland | | ITL 2 | TLM1 East Central Scotland | | ITL 3 | TLM13 City of Edinburgh | | Local authority | City of Edinburgh | | Electoral ward | City Centre | | Westminster constituency | Edinburgh East and Musselburgh | | Delivery location | TLM75 City of Edinburgh | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66515200 - Property insurance services ## Release History - 7 Nov 2017 at 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV300483 - 15 May 2017 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY283257 - 26 Jan 2017 at 00:00 - Planning - OJEU - F1 - Prior Information Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JAN271108 ## Documents - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY283257&idx=23 15th June 2017 - In light of events in London, Tenderers may find the attached information useful. - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY283257&idx=22 14th June 2017 - Appendix 13 - 10 year Claims Lot 1 - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY283257&idx=21 7th June 2017 - Appendix 12 - Property values 10 Years to support question 25 - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY283257&idx=20 7th June 2017 - Appendix 11 to support question 18 - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY283257&idx=19 7th June 2017 - Appendix 10 - COPE Additional Information - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY283257&idx=18 31st May 2017 - Appendix 9 - Updated Sprinklered Schools - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY283257&idx=17 31st May 2017 - Appendix 8 - All Risk Details - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY283257&idx=16 31st May 2017 - Appendix 7 - COPE Information - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY283257&idx=15 31st May 2017 - Appendix 6 - Loss of Rent - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY283257&idx=14 25th May 2017 - Property Schedules [Excel] - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY283257&idx=13 24th May 2017 - Appendix 5 - CAR Questions - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY283257&idx=12 23rd May 2017 - Appendix 4 - Confirmed Claims Experience - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY283257&idx=11 18th May 2017 - CT2120 Specification v1.4 FINAL.DOCX - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY283257&idx=9 17th May 2017 - CT2120 ESPD 1.9 v2 FINAL - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY283257&idx=10 17th May 2017 - CT2120 ESPD 1.9 v2 FINAL - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY283257&idx=3 17th May 2017 - CT2120 Tenderers Submission Lot 1 v3 FINAL - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY283257&idx=4 17th May 2017 - CT2120 Tenderers Submission Lot 1 [VARIANT] v3 FINAL - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY283257&idx=5 17th May 2017 - CT2120 Tenderers Submission Lot 2 v3 FINAL - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY283257&idx=6 17th May 2017 - CT2120 Tenderers Submission Lot 3 v3 FINAL - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY283257&idx=7 17th May 2017 - CT2120 Pricing Schedule v3 FINAL - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY283257&idx=8 17th May 2017 - CT2120 Terms and Conditions for Services [Long Form] V1 FINAL - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY283257&idx=2 17th May 2017 - CT2120 Specification v1.4 FINAL - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=MAY283257&idx=1 17th May 2017 - CT2120 Instructions to Tenderer v3 FINAL - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JAN271108&idx=1 30th January 2017 - PLACEMARKER - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JAN271108 Property Insurance - The City of Edinburgh Council assets are publicly owned; it requires to protect these by means of a suitable insurance programme. The Council currently insures its owned and operational buildings (lot 1) for the perils of fire, lightning, explosion and aircraft with a 250,000 GBP excess. Since the commencement of the current long- term agreement there have been no claims above the excess under the owned and operational policy. The Council also currently insures leased-out industrial and commercial policies (lot 2) as well as leased-out theatres (lot 3) for the perils of fire, lightning, explosion and aircraft with a Nil excess, all other perils with a 250 GBP excess. It is intended to agree a new long-term agreement with the successful tenderer(s) for a period of five years with two two-year discretionary extensions. It is intended to continue with a three lot structure: 1 Owned and operational properties 2 Leased-out industrial and commercial policies 3 Leased-out theatres - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY283257 Property Insurance - The City of Edinburgh Council assets are publicly owned; it requires to protect these by means of a suitable insurance programme. The Council currently insures its owned and operational buildings (lot 1) for the perils of fire, lightning, explosion and aircraft with a 250,000 GBP excess. Since the commencement of the current long- term agreement there have been no claims above the excess under the owned and operational policy. The Council also currently insures leased-out industrial and commercial properties (lot 2) as well as leased-out theatres (lot 3) for the perils of fire, lightning, explosion and aircraft with a Nil excess, all other perils with a 250 GBP excess. It is intended to agree a new long-term agreement with the successful tenderer(s) for a period of five years with two two-year discretionary extensions. It is intended to continue with a three lot structure: 1 Owned and operational properties 2 Leased-out industrial and commercial properties 3 Leased-out theatres - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV300483 Property Insurance - The City of Edinburgh Council assets are publicly owned; it requires to protect these by means of a suitable insurance programme. The Council currently insures its owned and operational buildings (lot 1) for the perils of fire, lightning, explosion and aircraft with a 250,000 GBP excess. Since the commencement of the current long- term agreement there have been no claims above the excess under the owned and operational policy. The Council also currently insures leased-out industrial and commercial properties (lot 2) as well as leased-out theatres (lot 3) for the perils of fire, lightning, explosion and aircraft with a Nil excess, all other perils with a 250 GBP excess. It is intended to agree a new long-term agreement with the successful tenderer(s) for a period of five years with two two-year discretionary extensions. It is intended to continue with a three lot structure: 1 Owned and operational properties 2 Leased-out industrial and commercial properties 3 Leased-out theatres ## Notice URLs - http:// - http://www.edinburgh.gov.uk - http://www.publiccontractsscotland.gov.uk - https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000477173 ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000477173. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000477173.json.