Market Leads & Opportunities

United Kingdom-Edinburgh: Property insurance services – Recurrent Lead

Source: Tracker Intelligence

The current contract for Property insurance services – Recurrent Lead is projected to end on 16-OCT-22 and may be available for retender. Property Insurance.
Property Insurance.
The City of Edinburgh Council assets are publicly owned; it requires to protect these by means of a suitable insurance programme.
The Council currently insures its owned and operational buildings (lot 1) for the perils of fire, lightning, explosion and aircraft with a 250 000 GBP excess. Since the commencement of the current long- term agreement there have been no claims above the excess under the owned and operational policy.
The Council also currently insures leased-out industrial and commercial properties (lot 2) as well as leased-out theatres (lot 3) for the perils of fire, lightning, explosion and aircraft with a Nil excess, all other perils with a 250 GBP excess.
It is intended to agree a new long-term agreement with the successful tenderer(s) for a period of 5 years with 2 two-year discretionary extensions.
It is intended to continue with a three lot structure:
1 Owned and operational properties.
2 Leased-out industrial and commercial properties.
3 Leased-out theatres.
The City of Edinburgh Council assets are publicly owned; it requires to protect these by means of a suitable insurance programme.
The Council currently insures its owned and operational buildings (lot 1) for the perils of fire, lightning, explosion and aircraft with a 250 000 GBP excess. Since the commencement of the current long- term agreement there have been no claims above the excess under the owned and operational policy.
The Council also currently insures leased-out industrial and commercial properties (lot 2) as well as leased-out theatres (lot 3) for the perils of fire, lightning, explosion and aircraft with a Nil excess, all other perils with a 250 GBP excess.
It is intended to agree a new long-term agreement with the successful tenderer(s) for a period of 5 years with 2 two-year discretionary extensions.
It is intended to continue with a three lot structure:
1 Owned and operational properties.
2 Leased-out industrial and commercial properties.
3 Leased-out theatres.
Common procurement vocabulary (CPV): 66515200, Property insurance services,