Insurance Procurement
TenderHighlights
- Tender deadline
- 13 Nov 2026
- Estimated value
- £700,000
- Location
- UKC
Details
- Published
- 16 Oct 2026
- Tender deadline
- 13 Nov 2026
- Value
- £700,000
- Location
- UKC
- Source
- Find a Tender
- Source notice ID
- 097711-2026
- OCID
- ocds-h6vhtk-078908
- CPV codes
- 66000000
Description
Local Space Limited is seeking Tenders for the provision of corporate insurance cover and associated insurance services.
The procurement comprises the following Lots:
Lot 1: Property Stock Insurance
Lot 2: Combined Liability Insurance, comprising employers' liability, public liability, products liability and associated liability risks as specified in the associated tender documents.
Tenderers may tender for one or both Lots. Each Lot will be evaluated and awarded separately. Local Space Limited reserves the right to award the Lots to the same or different Tenderers in accordance with the published award criteria.
The Contract will have an initial term of three years, commencing on 9 February 2027, with the option for Local Space Limited to extend the Contract by up to two further periods of one year each. The maximum potential Contract term is therefore five years.
The requirements, scope of cover, limits, excesses, service standards, claims handling requirements, Conditions of Participation, pricing requirements and award criteria are set out in the associated tender documents.
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Lots (2)
| Lot | Title | Value |
|---|---|---|
| 1 | Property Stock InsuranceLocal Space Property Stock Insurance Provision of property insurance and associated services for Local Space Limited's property portfolio. The requirement includes property damage and related business interruption risks and may include property owners' liability, together with the associated claims handling, risk management, reporting and service requirements specified in the associated tender documents. Tenderers must provide cover in accordance with the Technical Specification and clearly identify any qualifications, exclusions, conditions, restrictions or variations from the specified requirements. | £540,000 |
| 2 | Combined Liability InsuranceProvision of combined liability insurance and associated services for Local Space Limited. The requirement includes: employers' liability insurance; public liability insurance; products liability insurance; pollution liability and associated liability risks where specified; claims handling; claims reporting; risk management; and the related service requirements set out in the associated tender documents. Tenderers must provide cover in accordance with the Technical Specification and clearly identify any qualifications, exclusions, conditions, restrictions or variations from the specified requirements. | £160,000 |