---
title: "Property Owners Liability Insurance"
ocid: "ocds-r6ebe6-0000783391"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000783391"
markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000783391.md"
json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000783391.json"
source: "Public Contracts Scotland"
current_stage: "Award"
buyer: "ORKNEY RESEARCH AND INNOVATION CAMPUS LLP"
published: "2024-11-15"
---

# Property Owners Liability Insurance

Buyer: ORKNEY RESEARCH AND INNOVATION CAMPUS LLP  
Current stage: Award  
OCID: ocds-r6ebe6-0000783391

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000783391.json)

## Summary

Orkney Research and Innovation Campus LLP has completed the procurement process for a Property Owners Liability Insurance contract. This open procedure contract will cover the period from 1 November 2024 to 31 October 2027, with an option to extend until 31 October 2029 (3+2 year Long-Term Agreement). The contract, valued at GBP 121,853, has been awarded to Allianz Insurance plc. The project is based in Stromness, UK, under the Property Ownership, Management and Development industry category. Key dates include the procurement method completion status marked as 'complete' and the contract signing on 14 October 2024.

This tender offers a significant opportunity for businesses involved in providing insurance services, particularly those specialising in liability coverage for property owners. Large-scale insurance companies, similar to Allianz Insurance plc, are well-positioned to compete for such contracts due to the extensive coverage and financial backing required. Additionally, companies with experience in managing complex insurance portfolios and those that can adapt to potential changes in property values, claims history, and insurance premium tax (IPT) adjustments would find this contract attractive for business growth. The competitive open procedure ensures transparency and encourages broad participation across the industry.

## Notice

This is a call-off contract for Owners Liability insurance. The policy commences on 1 November 2024 and expires on 31 October 2027, with the option to extend by 2 years until 31 October 2029 (3+2 year Long-Term Agreement).

### Lot Information

Lot 1

Property Owners Liability. Economic operators may be excluded from this competition if they are in any of the situations referred to in Regulation 58 of the Public Contracts (Scotland) Regulations 2015.

Options: Contract value changes due to IPT; change in property portfolio; claims history affects premiums; changes in property values

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Public Contracts Scotland |
| Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV518391 |
| 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 | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 15 Nov 2024 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 14 Oct 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £121,853 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | ORKNEY RESEARCH AND INNOVATION CAMPUS LLP |
| Locality | STROMNESS |
| Post town | Kirkwall |
| Postcode | KW16 3AN |
| 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 | TLM65 Orkney Islands |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ALLIANZ INSURANCE |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 15 Nov 2024 at 00:00 - Award - PCS Notice - Website Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV518391

## Documents

- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV518391
  Property Owners Liability Insurance - This is a call-off contract for Owners Liability insurance. The policy commences on 1 November 2024 and expires on 31 October 2027, with the option to extend by 2 years until 31 October 2029 (3+2 year Long-Term Agreement).

## Notice URLs

- http://
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000783391
- https://www.orkneycampus.co.uk/

## 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-r6ebe6-0000783391. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000783391.json.
