--- title: "Insurance Renewals" ocid: "ocds-r6ebe6-0000541071" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000541071" markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000541071.md" json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000541071.json" source: "Public Contracts Scotland" current_stage: "Award" buyer: "STRATHCLYDE PARTNERSHIP FOR TRANSPORT" published: "2018-05-22" --- # Insurance Renewals Buyer: STRATHCLYDE PARTNERSHIP FOR TRANSPORT Current stage: Award OCID: ocds-r6ebe6-0000541071 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000541071) [Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000541071.json) ## Summary The procurement process for the 'Insurance Renewals' tender, initiated by the Strathclyde Partnership for Transport, is now complete. This open procedures facilitates procurement for various insurance policies and falls under the transport industry category. The contract was awarded on 4th May 2018, with delivery locations primarily in Strathclyde, specifically in Glasgow, UK. This initiative aims to ensure continued coverage for essential services through multiple lots, including combined liabilities, professional liability, and various excess layers, among others. This tender presents substantial opportunities for businesses, particularly those within the insurance sector, to expand their market reach and client base by participating in a competitive procurement process. Large insurance firms as well as small and medium enterprises (SMEs) with capabilities in providing comprehensive insurance services will find suitable avenues to compete for awarded contracts. The involvement of notable suppliers suggests a high level of engagement in this market, making it an attractive prospect for potential bidders seeking to enhance their service portfolio. ## Notice Renewal of various Insurance policies ### Lot Information Combined Liabilities: Public & Products Employers Public and Products Liability Options: LTA to be submitted if applicable Crime Fidelity Crime / fidelity Options: LTA can be submitted Professional Liability Professional Liability Options: LTA can be submitted directors and Officer Indemnity Directors and Officers Indemnity Options: LTA can be submitted employers Liability Excess Layer employers liability Excess Layer 25GBP over 25GBP Options: LTA to be submitted if applicable Engineering Inspections Engineering Inspections Options: LTA can be submitted Property Damage - Business Interruption Property Damage / Business Interruption incl terrorism Options: LTA to be submitted if applicable Public - Products Liability 1st Layer GBP 20M 1st Excess Layer 30MGBP over GBP 20m 2nd Excess layer 50GBP over 50 GBP 3rd Excess Layer 25 GBPO over 25GBP Options: 1st Excess Layer 30MGBP over GBP 20m 2nd Excess layer 50GBP over 50 GBP 3rd Excess Layer 25 GBPO over 25GBP LTA to be submitted if applicable Public-Product Liability 2nd Excess Layer GBP 50M over 50M Lot 3 option Public / Product Liability 2nd Excess Layer GBP 50M over GBP 50M. Under lot 3 as option in contract documentation Options: LTA can be provided Public-Product Liability 3rd Excess Layer GBP55M over GBP100M Lot 3 Option in tender documentation Public / Product Liability 3rd Excess Layer GBP 55M over GBP 100M. Lot 3 Option in tender documentation Options: LTA can be submitted ## Key Details | Field | Value | | --- | --- | | Publication source | Public Contracts Scotland | | Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY319709 | | 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, SME | | All stages | Award | ## Dates | Field | Value | | --- | --- | | Publication date | 22 May 2018 | | Submission deadline | Not specified | | Future notice date | Not specified | | Award date | 4 May 2018 | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | £887,591 | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Complete | | Awards status | Not specified | | Contracts status | Active | ## Buyer | Field | Value | | --- | --- | | Main buyer | STRATHCLYDE PARTNERSHIP FOR TRANSPORT | | Locality | GLASGOW | | Post town | Glasgow | | Postcode | G2 5JF | | Country | Scotland | | ITL 1 | TLM Scotland | | ITL 2 | TLM3 West Central Scotland | | ITL 3 | TLM32 Glasgow City | | Local authority | Glasgow City | | Electoral ward | Anderston/City/Yorkhill | | Westminster constituency | Glasgow North | | Delivery location | TLM8 West Central Scotland | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 5 | | Supplier names | AIG EUROPE; QBE INSURANCE (EUROPE; RISK MANAGEMENT PARTNERS; RSA INSURANCE; TRAVELERS INSURANCE | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66510000 - Insurance services - 66515200 - Property insurance services - 66515410 - Financial loss insurance services - 66516000 - Liability insurance services - 66516500 - Professional liability insurance services - 66519200 - Engineering insurance services ## Release History - 22 May 2018 at 00:00 - Award - PCS Notice - Website Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY319709 ## Documents - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=MAY319709 Insurance Renewals - Renewal of various Insurance policies ## Notice URLs - http:// - http://www.spt.co.uk - https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000541071 - https://www.group.qbe.com ## 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-r6ebe6-0000541071. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000541071.json.