Closed tender

Insurance Broker Services (P25-0059)

Details

Value
£3,250,000
Topic
Financial and insurance services
Published
7 February 2025
Submission
12 March 2025

Tender description

Scottish Enterprise is seeking to appoint a professional and expert insurance broker to act as our contracted Agent and oversee all insurance related activity on our behalf, with input and agreement from our nominated staff as needed. This will include: (i) Professional advice on insurance market and risks which are appropriate to our current and future business activities. (ii) Procuring and placing annual insurance policies on our behalf. (iii) Handling any claims, or insurance related queries (iv) Deal with all insurance related matters in connection with the SE Investment property portfolio. Full details of the requirements can be found within the Invitation to Tender (ITT). It is anticipated that the contract will commence on 1 June 2025 for an initial period of 3 years to 31 May 2028, with the potential to extend the contract by mutual agreement for a further 2 x 12-month periods up to a final contract end date of 31 May 2030. An existing contract with our current insurer is due to expire on 31 May 2025. The estimated value within II.1.5 of the Contract Notice includes the estimated costs of the insurance polices in addition to any fees. Lot 1: Scottish Enterprise is seeking to appoint a professional and expert insurance broker to act as our contracted Agent and oversee all insurance related activity on our behalf, with input and agreement from our nominated staff as needed. This will include: (i) Professional advice on insurance market and risks which are appropriate to our current and future business activities. (ii) Procuring and placing annual insurance policies on our behalf. (iii) Handling any claims, or insurance related queries (iv) Deal with all insurance related matters in connection with the SE Investment property portfolio. Full details of the requirements can be found within the Invitation to Tender (ITT). It is anticipated that the contract will commence on 1 June 2025 for an initial period of 3 years to 31 May 2028, with the potential to extend the contract by mutual agreement for a further 2 x 12-month periods up to a final contract end date of 31 May 2030. An existing contract with our current insurer is due to expire on 31 May 2025. The estimated value within II.1.5 of the Contract Notice includes the estimated costs of the insurance polices in addition to any fees.. The estimated value within II.1.5 of the Contract Notice includes the estimated costs of the insurance polices in addition to any fees. 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.

Timeline

  1. Completed: Tender published7 February 2025
    Current notice
  2. Completed: Submission date12 March 2025

About the buyer

Scottish Enterprise is Scotland's national economic development agency, a non-departmental public body accountable to the Scottish Government with its own dedicated procurement team. A published procurement forward plan sets out the contracts the agency still expects to bring to market. The Scottish Government's Suppliers Charter guides how the agency treats its bidders and suppliers.

Its Supplier Development Programme prepares small and third-sector suppliers across Scotland to compete for public contracts.

Over the past 5 years, most of Scottish Enterprise's contract awards have been in business services, research and development and architectural and engineering services.

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Decision makers

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Contact nameJob titlePhone numberWork email
Head of Procurement+44 •••• ••••••
Commercial Director+44 •••• ••••••
Procurement Manager+44 •••• ••••••
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Senior Buyer+44 •••• ••••••
Contracts Manager+44 •••• ••••••

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