Property Insurance

Concepts

• property insurance
• edinburgh
• finance and insurance
• insurance services
• damage or loss insurance
• operational property insurance
• housing property insurance
• mid-market rental properties
• the council’s insurance team
• property

Location

Edinburgh

Description

The City of Edinburgh Council’s (the Council’s) Insurance Team is seeking to establish a new contract for Operational Property Insurance. The Council’s Insurance Team is also responsible for implementing Housing Property Insurance on behalf of Edinburgh Living and this requirement will be included within this contract.

Total Quantity or Scope

The Council is seeking to establish a new contract for Operational Property Insurance. This includes key Council buildings including the Council's Headquarters at Waverley Court, the City Chambers, Usher Hall and Central Library. The Council’s Insurance Team is also responsible for implementing Housing Property Insurance on behalf of Edinburgh Living and this requirement will cover mid-market rental properties.

Renewal Options

The contract will commence on 1 December 2025 for an initial period of 10 months and two years, with the option to extend for up to a further two years at the sole discretion of the Council. This is to allow all Council insurance policies to align. Edinburgh Living's insurance policy expires on 20 January 2026, therefore, this cover will commence on 20 January 2026 for an initial nine months.

Award Criteria

CPV Codes

• 66515200 - Property insurance services
• 66000000 - Financial and insurance services
• 66510000 - Insurance services
• 66515000 - Damage or loss insurance services

Indicators

• Bids should cover the whole contract.
• This is a recurring contract.
• Renewals are available.
• Financial restrictions apply.
• Performance considerations apply.
• Professional qualifications are sought.
• Award on basis of price and quality.

Other Information

Please see tender documentation. Please see tender documentation for further information. There are additional appendices available which are confidential and will be circulated on a need-to-know basis only. Please refer to the ITT for further information. The buyer is using PCS-Tender to conduct this ITT exercise. The Project code is 29942. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2343 The Contracting Authority does not intend to include a sub-contract clause as part of community benefits (as per Section 25 of the Procurement Reform (Scotland) Act 2014) in this contract for the following reason: Sub-contracting is not anticipated. Community benefits are included in this requirement. For more information see: https://www.gov.scot/policies/public-sector-procurement/community-benefits-in-pr... A summary of the expected community benefits has been provided as follows: Please refer to the document entitled 'CT1580 Community Benefits Guidance'. (SC Ref:807557)