--- title: "Insurance Cover" ocid: "ocds-r6ebe6-0000773109" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000773109" markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000773109.md" json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000773109.json" source: "Public Contracts Scotland" current_stage: "Award" buyer: "JOBS & BUSINESS GLASGOW" published: "2024-10-23" --- # Insurance Cover Buyer: JOBS & BUSINESS GLASGOW Current stage: Award OCID: ocds-r6ebe6-0000773109 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000773109) [Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000773109.json) ## Summary Jobs & Business Glasgow (JBG) has successfully completed a procurement process titled "Insurance Cover" under the industry category of Economic Development. The process utilised a competitive procedure with negotiation and was managed under the procurement method "selective". This tender, focused on providing comprehensive insurance services for JBG and its subsidiary companies, spans a variety of insurance areas including Property Owners, Management Liability, Professional Indemnity, Combined Liability, and Engineering Inspection. Key contracts were signed on 30 September 2024 with notable insurers like Aviva Insurance Ltd, AXA Insurance, Arch Insurance, and Zurich Insurance PLC. The contract period runs from 1 October 2024 to 30 September 2025, with options for a 12-month extension. The procurement stage is now at 'Award', following the completion of earlier tender processes. This tender presents significant opportunities for businesses, particularly those operating within the insurance sector. Various lots were available for bidding, making it suitable for large-scale insurers and those with niche insurance capabilities. The competitive procedure with negotiation indicates rigorous selection criteria focusing on quality and price, with evaluation placed on proven regulatory compliance and strong financial stability. This engagement offers businesses the chance to establish long-term relationships with a public body committed to economic development and community support in Glasgow, fostering potential business growth and diversification within the regulated insurance market. ## Notice Jobs & 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. ### Lot Information Property Owners As stated in the procurement documents.. Please see the Procurement Documents. Renewal: Option to extend for up to 12 months. Combined Liability As stated in the Procurement Documents.. As stated in the procurement documents. Renewal: Option to extend for up to 12 months. Management Liability As stated in the Procurement Documents.. As stated in the Procurement Documents. Renewal: Option to extend for up to 12 months. Engineering Inspection As stated in the Procurement Documents.. As stated in the Procurement Documents. Renewal: Option to extend for up to 12 months. Professional Indemnity As stated in the Procurement Documents.. As stated in the Procurement Documents. Renewal: Option to extend for up to 12 months. ## Key Details | Field | Value | | --- | --- | | Publication source | Public Contracts Scotland | | Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT516819 | | Notice type | OJEU - F3 - Contract Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Competitive procedure with negotiation | | Tender suitability | Not specified | | Awardee scale | Large | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 23 Oct 2024 | | Submission deadline | 23 Aug 2024 | | Future notice date | Not specified | | Award date | 30 Sep 2024 | | Contract period | 1 Oct 2024 - 30 Sep 2025 | | Recurrence | Approximately 3-4 months before the end of this contract (including any applicable extension). | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | £64,309 | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Complete | | Awards status | Unsuccessful | | Contracts status | Active | ## Buyer | Field | Value | | --- | --- | | Main buyer | JOBS & BUSINESS GLASGOW | | Locality | GLASGOW | | Post town | Glasgow | | Postcode | G4 0UW | | Country | Scotland | | ITL 1 | TLM Scotland | | ITL 2 | TLM3 West Central Scotland | | ITL 3 | TLM32 Glasgow City | | Local authority | Glasgow City | | Electoral ward | Calton | | Westminster constituency | Glasgow North East | | Delivery location | TLM82 Glasgow City | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 4 | | Supplier names | ARCH INSURANCE; AVIVA INSURANCE; AXA INSURANCE; ZURICH INSURANCE PLC TRADING AS ZURICH MUNICIPAL | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66510000 - Insurance services - 66515000 - Damage or loss insurance services - 66515200 - Property insurance services - 66516000 - Liability insurance services - 66516400 - General liability insurance services - 66516500 - Professional liability insurance services - 66519200 - Engineering insurance services ## Release History - 23 Oct 2024 at 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT516819 - 23 Oct 2024 at 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT516823 - 23 Jul 2024 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUL510485 ## Documents - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL510485&idx=1 23rd July 2024 - Tender Documents - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL510485&idx=2 23rd July 2024 - Please complete and submit - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUL510485 Insurance Cover - Jobs & 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. - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT516823 Insurance Cover - Jobs & 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. - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT516819 Insurance Cover - Jobs & 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. ## Notice URLs - http:// - http://www.jbg.org.uk/ - http://www.publiccontractsscotland.gov.uk - https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000773109 ## 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-r6ebe6-0000773109. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000773109.json.