--- title: "SE Pension Scheme - Trustee Indemnity Insurance" ocid: "ocds-r6ebe6-0000812583" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000812583" markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000812583.md" json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000812583.json" source: "Public Contracts Scotland" current_stage: "Award" buyer: "SCOTTISH ENTERPRISE" published: "2026-02-25" --- # SE Pension Scheme - Trustee Indemnity Insurance Buyer: SCOTTISH ENTERPRISE Current stage: Award OCID: ocds-r6ebe6-0000812583 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000812583) [Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000812583.json) ## Summary Scottish Enterprise, located in Glasgow, is seeking to appoint a single supplier for a professional insurance brokering service to source Trustee Indemnity Insurance cover for the Scottish Enterprise Pension and Life Assurance Scheme. This procurement process falls under the services category within the economic affairs sector and utilises an open procedure. The procurement process began with a tender stage, which was active until 19 November 2025. The contract, valued at £160,000, was awarded to Marsh Limited, a large-scale supplier based in Cardiff, and was signed on 25 February 2026. The procurement emphasised electronic submissions, with the submission period concluding on 19 November 2025 at 11:00 AM. The services are to be delivered in the UKM region, supported by the Scottish Government. This tender presents significant opportunities for firms specialising in insurance brokering, particularly those with experience in handling trustee indemnity insurance. The appointed supplier will gain valuable contractual experience while serving a reputable public entity, potentially opening doors to future collaborations within the sector. Well-suited businesses for this tender are those involved in professional services within the insurance market, especially those that can deliver effective and tailored indemnity solutions. It favours enterprises capable of forming consortiums, as evidenced by the contract's provisions for execution by joint ventures. Additionally, the recurring nature of the procurement suggests the potential for long-term engagement, offering stability and growth prospects for the successful supplier. ## Notice The purpose of this Invitation to Tender (ITT) is to appoint a single supplier to deliver a professional insurance brokering service to source Trustee Indemnity Insurance cover for the Scottish Enterprise Pension and Life Assurance Scheme ("the Scheme"). Value quoted covers the broker fees and anticipated policy costs. ### Lot Information Lot 1 The purpose of this Invitation to Tender (ITT) is to appoint a single supplier to deliver a professional insurance brokering service to source Trustee Indemnity Insurance cover for the Scottish Enterprise Pension and Life Assurance Scheme ("the Scheme") ## Key Details | Field | Value | | --- | --- | | Publication source | Public Contracts Scotland | | Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB550382 | | 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 | 25 Feb 2026 | | Submission deadline | 19 Nov 2025 | | Future notice date | Not specified | | Award date | 25 Feb 2026 | | Contract period | Not specified | | Recurrence | We will be required to retender this service in four years | ## Values | Field | Value | | --- | --- | | Tender value | £160,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | £160,000 | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Complete | | Awards status | Not specified | | Contracts status | Active | ## Buyer | Field | Value | | --- | --- | | Main buyer | SCOTTISH ENTERPRISE | | Additional buyers | SCOTTISH GOVERNMENT | | Locality | EDINBURGH | | Post town | Glasgow | | Postcode | N/A | | 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 | TLM Scotland | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | MARSH | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66518100 - Insurance brokerage services ## Release History - 25 Feb 2026 at 00:00 - Award - PCS Notice - Website Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB550382 - 16 Oct 2025 at 00:00 - Tender - PCS Notice - Website Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT541605 ## Documents - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT541605&idx=3 16th October 2025 - Climate change plan template - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT541605&idx=4 16th October 2025 - Invitation to Tender - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT541605&idx=5 16th October 2025 - Tender Response Document - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT541605&idx=1 16th October 2025 - CEST outcome - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT541605&idx=2 16th October 2025 - Monitoring Information - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT541605 SE Pension Scheme - Trustee Indemnity Insurance - The purpose of this Invitation to Tender (ITT) is to appoint a single supplier to deliver a professional insurance brokering service to source Trustee Indemnity Insurance cover for the Scottish Enterprise Pension and Life Assurance Scheme ("the Scheme") - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB550382 SE Pension Scheme - Trustee Indemnity Insurance - The purpose of this Invitation to Tender (ITT) is to appoint a single supplier to deliver a professional insurance brokering service to source Trustee Indemnity Insurance cover for the Scottish Enterprise Pension and Life Assurance Scheme ("the Scheme"). Value quoted covers the broker fees and anticipated policy costs. ## Notice URLs - http:// - http://www.gov.scot/Topics/Government/Procurement/Selling/supplier-enquiries - http://www.publiccontractsscotland.gov.uk - http://www.scottish-enterprise.com/ - https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000812583 - https://www.scotcourts.gov.uk/the-courts/court-locations/glasgow-sheriff-court-and-justice-of-the-peace-court - https://www.scottish- ## 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-r6ebe6-0000812583. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000812583.json.