---
title: "Insurance Brokerage and Risk Advisory Services"
ocid: "ocds-r6ebe6-0000623570"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000623570"
markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000623570.md"
json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000623570.json"
source: "Public Contracts Scotland"
current_stage: "Award"
buyer: "HIGHLANDS AND ISLANDS ENTERPRISE"
published: "2020-11-06"
---

# Insurance Brokerage and Risk Advisory Services

Buyer: HIGHLANDS AND ISLANDS ENTERPRISE  
Current stage: Award  
OCID: ocds-r6ebe6-0000623570

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000623570)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000623570.json)

## Summary

Highlands and Islands Enterprise (HIE) has completed the procurement process for the "Insurance Brokerage and Risk Advisory Services" contract, primarily focusing on providing insurance solutions for their portfolio valued at GBP30 million across the Highlands and Islands region in Scotland. The contract was awarded to Arthur J. Gallagher on 6th November 2020, following an open procedure initiated on 19th June 2020. The services are scheduled to commence in October 2020, with an initial duration of three years and an option to extend for an additional year. The expected budget for this contract is between GBP40,000 and GBP60,000, excluding VAT, reflecting HIE's commitment to offering best value in public expenditure.

This opportunity presents a significant avenue for business growth, particularly for firms with expertise in insurance brokerage and risk management within the public sector and commercial property domains. Companies equipped with appropriate qualifications and experience are well-suited to engage in future tenders, particularly those familiar with the intricacies of public sector requirements and regulations in Scotland. HIE may consider re-tendering for these services when the current contract concludes, opening further avenues for potential suppliers interested in supporting HIE's property and operational insurance needs.

## Notice

This is a Contract AWARD Notice and as such the procurement process is complete. HIE requires a suitably qualified and experienced broker to provide the requirements as detailed in the Scope of Requirements whilst offering best value in the expenditure of public funds. The broker should have demonstrable experience in dealing with both public sector and commercial property insurance. It is expected that these services will be required from October 2020 for an initial period of 3 years with HIE/WES/ORIC having the option to extend for a period or periods together not exceeding 1 calendar year following the initial term. The 3 year budget currently available to deliver this service is between GBP40,000 and GBP60,000 (excluding VAT).

### Lot Information

Lot 1

HIE own a c. GBP30m portfolio of commercial and industrial properties spread across the Highlands and Islands, from small workshop units to prestigious office buildings such as Solasta House at Inverness Campus and Malin House, Dunstaffnage. The portfolio provides important business accommodation to c.85 occupiers to promote economic growth in the area and a provides an important revenue stream to HIE. There are also unique holdings, such as agricultural and forestry holdings at Orbost Estate, Isle of Skye; Cairngorm Mountain, which includes a funicular railway and ski infrastructure; and Arnish Port (where marine cover is required), along with HIE's operational offices. The objective of the contract is to provide insurance brokerage and risk advisory services to HIE, ORIC and WES in connection with their Buildings, Plant & Equipment, and other operational insurances that may be required.. Economic operators may be excluded from this competition if they are in any of the situations referred to in regulation 8 and 9 of the Procurement (Scotland) Regulations 2016.

Renewal: The Contract will be awarded for an initial period of 3 years with HIE having the option to extend for a period or periods together not exceeding 1 calendar year following the Initial Term.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Public Contracts Scotland |
| Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV398980 |
| 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 |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 6 Nov 2020 |
| Submission deadline | 15 Jul 2020 |
| Future notice date | Not specified |
| Award date | 6 Nov 2020 |
| Contract period | Not specified |
| Recurrence | HIE reserves the right to re-tender for these services upon termination of the contract or at the end of the contract period, including any extension period. |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | £80,000 |
| Awards value | Not specified |
| Contracts value | £1,200 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Not specified |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | HIGHLANDS AND ISLANDS ENTERPRISE |
| Additional buyers | ORKNEY RESEARCH AND INNOVATION CAMPUS; WAVE ENERGY SCOTLAND LIMITED |
| Locality | INVERNESS |
| Post town | Inverness |
| Postcode | IV2 5NA |
| Country | Scotland |
| ITL 1 | TLM Scotland |
| ITL 2 | TLM2 Highlands and Islands |
| ITL 3 | TLM20 Highlands and Islands |
| Local authority | Orkney Islands |
| Electoral ward | Stromness and South Isles |
| Westminster constituency | Orkney and Shetland |
| Delivery location | TLM6 Highlands and Islands |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ARTHUR J. GALLAGHER |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66518100 - Insurance brokerage services

## Release History

- 6 Nov 2020 at 00:00 - Award - PCS Notice - Website Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV398980
- 19 Jun 2020 at 00:00 - Tender - PCS Notice - Website Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN388522

## Documents

- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUN388522&idx=9
  10th July 2020 - Terms and Conditions
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUN388522&idx=12
  10th July 2020 - Terms and Conditions Revised
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUN388522&idx=2
  19th June 2020 - Award Criteria Response Form
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUN388522&idx=3
  19th June 2020 - Pricing Proforma
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUN388522&idx=4
  19th June 2020 - Cyber Security Response Form
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUN388522&idx=5
  19th June 2020 - Appendix 1
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUN388522&idx=6
  19th June 2020 - Appendix 2
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUN388522&idx=7
  19th June 2020 - HIE COI Policy
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUN388522&idx=8
  19th June 2020 - Forms for Signature
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUN388522&idx=10
  19th June 2020 - Community Benefits and Fair Work Practices Guidance
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUN388522&idx=11
  19th June 2020 - Community Benefits and Fair Work Practices Spreadsheet
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUN388522&idx=1
  19th June 2020 - Scope of Requirements
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN388522
  Insurance Brokerage and Risk Advisory Services - HIE requires a suitably qualified and experienced broker to provide the requirements as detailed in the Scope of Requirements whilst offering best value in the expenditure of public funds. The broker should have demonstrable experience in dealing with both public sector and commercial property insurance. It is expected that these services will be required from October 2020 for an initial period of 3 years with HIE/WES/ORIC having the option to extend for a period or periods together not exceeding 1 calendar year following the initial term. The 3 year budget currently available to deliver this service is between GBP40,000 and GBP60,000 (excluding VAT).
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV398980
  Insurance Brokerage and Risk Advisory Services - This is a Contract AWARD Notice and as such the procurement process is complete. HIE requires a suitably qualified and experienced broker to provide the requirements as detailed in the Scope of Requirements whilst offering best value in the expenditure of public funds. The broker should have demonstrable experience in dealing with both public sector and commercial property insurance. It is expected that these services will be required from October 2020 for an initial period of 3 years with HIE/WES/ORIC having the option to extend for a period or periods together not exceeding 1 calendar year following the initial term. The 3 year budget currently available to deliver this service is between GBP40,000 and GBP60,000 (excluding VAT).

## Notice URLs

- http://
- http://www.hie.co.uk
- http://www.hse.gov.uk/pubns/hse40.pdf
- http://www.publiccontractsscotland.gov.uk
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000623570

## 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-r6ebe6-0000623570. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000623570.json.