Find a TenderAwarded
Published 7 Feb 2025, 12:45 GMT

Official UK procurement notice

Insurance Broker Services (P25-0059)

Official notice

Authority: Scottish Enterprise

ServicesOpen procedure
Published estimate£3,250,000exc. VAT
Submissions closed 12 Mar 2025awarded 16 Sept 2025
Awarded to Marsh Ltd

What is being bought

Published requirement 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.

CPV: Accident insurance services · Damage or loss insurance services · Financial and insurance services · Freight insurance and Insurance services relating to transport · Insurance and pension services · Insurance brokerage and agency services · Insurance brokerage services · Insurance consultancy services · Insurance services · Legal expenses insurance services · Liability insurance services · Motor vehicle insurance services · +1 more

The lotProcurement structure

single lot · value published

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 95Price: 30Environmental: 5
Published sub-criteria (8)
  • Project Team Structure and Specific Experience to be used in the delivery of the services required: 30
  • Methodology including Innovation: 25
  • Timetable including milestones for objectives: 25
  • Fair Work First: 5
  • Business Continuity: 5
  • Information Security: 5
  • price: 30
  • Net Zero and Sustainability: 5
Published award criteria (9)
  • Prompt Payment (only relevant where sub-contractors are proposed): Pass/Fail
  • Project Team Structure and Specific Experience to be used in the delivery of the services required: 30%
  • Methodology including Innovation: 25%
  • Timetable including milestones for objectives: 25%
  • Net Zero and Sustainability: 5%
  • Fair Work First: 5%
  • Business Continuity: 5%
  • Information Security: 5%
  • Price: 30
Conditions of participation3
  • Suitability

    SPD Question 4A2A: Bidders should provide details on the memberships and/or accreditations held, along with any authorisations by regulatory or professional bodies that are relevant to the delivery of the services required.

  • Economic & financial standing

    The relevant selection criteria will be included in the SPD Scotland online module.

  • Technical & professional ability

    The relevant selection criteria will be included in the SPD Scotland online module.

Staff
Names and qualifications of delivery staff must be submitted
What this means for your bid
  • Price carries 30 of 130 points: a 10% discount moves about 3 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record · publisher note attached
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
No (one-off requirement)
First published
7 Feb 2025, 12:45 GMT
Last source update
17 Sept 2025, 10:33 BST
Award evaluation window
12 Mar 2025 – …
Authority reference
P25-0059
FTS notice number
2025/S 000-057220
Classification (CPV)
Accident insurance servicesDamage or loss insurance servicesFinancial and insurance servicesFreight insurance and Insurance services relating to transportInsurance and pension servicesInsurance brokerage and agency servicesInsurance brokerage servicesInsurance consultancy servicesInsurance servicesLegal expenses insurance services
+3 moreLiability insurance servicesMotor vehicle insurance services
Delivery area
Scotland (UKM)
Official registry OCID
ocds-h6vhtk-04dcbb Find a Tender
Review and risk notes
Review procedure

In the first instance, contact the Head of Facilities Management and Procurement at Scottish Enterprise, with any concerns or enquiries. Email: www.scottish-enterprise.com/help/contact-us ↗.

Publisher note: As detailed in the SPD module, this is a relevant climate change contract, bidders are required to complete and return the Climate Change Plan template included within the Additional Documents section of the Contract Notice. SPD statement for 2A.17 – Form of Participation (Notably as part of a group, consortium, joint venture or similar). Any contract will be entered into with the nominated lead organisation and all members of the consortium, who will in these circumstances each be required to execute said contract together with all ancillary documentation, evidencing their joint and several liability in respect of the obligations and liabilities of the contract. It will be for members of the consortium to sort out their respective duties and liabilities amongst each other. For administrative purposes, any associated documentation will be sent to the nominated lead organisation. SPD statement for 2C.1 - Where the main bidder relies on the capacities of other entities in order to meet the selection criteria, the bidder must provide a separate SPD response setting out the information required under SPD (Scotland): Part II (sections A and B); Part III exclusion grounds; the relevant part of Section IV selection criteria; and Part V (if applicable) for each of the entities concerned. SPD statement for 2D.1 – If the bidder proposes to subcontract any part(s) of the service and those sub-contractors are not relied upon, they should arrange for a separate SPD response from each potential subcontractor. The subcontractors must complete the relevant parts of the SPD (Scotland) (Sections A and B of Part II and Part III only) to self-declare whether there are grounds for their exclusion. (SC Ref:792656)

How it was run

Official notice
Run through: Public Contracts Scotland · Who buys & how to bid on PCS
Supplier login requiredLanguage: EN
Access & registration note: Free single registration for Scotland; PCS-Tender (Jaggaer) for full bidding
Submission deadline
12 Mar 2025, 11:00 GMT
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bid validity
90 days from the deadline
Bids opened
12 Mar 2025, 12:00 GMT
Detailed submission instructions & authority contactsFrom official release

Timeline

12 Mar 2025 → 17 Sept 2025 · 3 dates
  1. Submission deadline
    12 Mar 2025, 11:00 GMT
  2. Bids opened
    12 Mar 2025, 12:00 GMT
  3. Notice published400 days ago
    17 Sept 2025, 10:33 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    17 Sept 2025, 10:33 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £11 contract exc. VAT
Bids received 3
Contracts signed 1latest 16 Sept 2025
Awarded toValueDateStatus
Marsh Ltd£1 †—Awarded

Contracts

  • Contract 057220-2025-P25-0059-1 · Marsh Ltd

    Signed
    16 Sept 2025
    Value
    £1
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
3bids · 3 electronic · 3 from abroad0——

Contracting authority & participating public bodies

Scottish Enterprise

Contracting authorityRegional or local agency/officeEconomic affairs Atrium Court, 50 Waterloo Street, Glasgow, Scotland, G2 6HQContact name, email Published organisation website ↗

Dispute resolution & review bodies

  • Glasgow Sheriff Court and Justice of the Peace CourtReview body GlasgowContact phone
  • Scottish GovernmentMediation bodyReview contact point GlasgowContact email, phone

Bidders & participating suppliers

1 commercial party on the notice
  • Marsh LimitedAwarded supplier Coal House East, 1st Fl, 10 Dumfries Place, Cardiff, UK, CF10 3RJ

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.