Official UK procurement notice
Insurance Procurement · UK public procurement notice
Authority: LOCAL SPACE·On behalf of: ARTHUR J. GALLAGHER (UK) LIMITED
What is being bought2 lots · detail below
Published requirement descriptionLocal 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.
- The authority expects to re-tender this requirement around 1 Oct 2031, 23:59 BST.
CPV: Financial and insurance services
Lots and requirements (2)Procurement structure
2 lots · all with a published value (£700,000 together) · same evaluation weights on every lotLot #1Property Stock InsuranceRenewalPublished value£540,000
Local 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.
Lot #2Combined Liability InsuranceRenewalPublished value£160,000
Provision 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.
What it takes to wini
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 morei
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).
Published sub-criteria (2)
- Price: 60%
- Quality Technical and Social Value: 40%
Published award criteria (2)
- Quality Technical and Social Value: The quality assessment comprises: cover provided: 50% of the quality score; service delivery: 25% of the quality score; claims handling: 15% of the quality score; and social value: 10% of the quality score. The resulting quality score will be weighted at 40% of the overall evaluation. Further details, including the questions, scoring methodology, response requirements and applicable sub-criteria, are set out in the associated tender documents.
- Price
No conditions of participation were published on the notice; check the tender documents.
- Price carries 60 of 100 points: a 10% discount moves about 6 points. This one is won on the number: sharpen the price before polishing the prose.
- Turnover usually expected: about £106,569 – ~£359,672 per lot (twice each lot's annual value).
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula. Turnover is an indicative market norm (≈2× annual value), not a published condition.
Competition analysis · published record, not a forecast of who will bid
How LOCAL SPACE buys Financial and insurance services (CPV 66), and who usually turns up
LOCAL SPACE’s own published record, next to the published market for the same work. Frameworks and DPS are kept out: they attract a different number of bids. Whole-market view: Financial and insurance services (CPV 66) →
How the contest usually goes
Winner shares use published awards; bid and price charts use contested lots.
i
How often small and medium firms win.
Share of awards where the winner’s size is known.
The counts under this question show how many awards have a known supplier size.
Small firms have won here. Neither number says whether you qualify; it describes who has been winning.
i
How often local firms win similar work.
Winners with a registered address in the delivery region, out of awards with a known address.
Here, local means registered in North East England.
A local branch does not count if the registered address is elsewhere.
Most of this buyer’s recorded winners are registered in North East England.
i
How long buyers here take to decide after bids close.
Middle value in days from the deadline to the first award notice, on competitions that published both dates.
Only decided tenders count, so slow ones still waiting are not in.
Half of these awards were announced within 64 days of the bid deadline.
i
How often work is awarded with no recorded rival.
Direct awards and tenders where every published lot count shows one bid.
Both shares are minimums: some awards have no bid count.
Thin markets produce this too; it is not proof of a tailored specification.
Direct awards or one recorded bid are common here. Check the route before spending time on a bid.
How many bids did past lots attract?
i
How many bids past lots received.
Each colour is a bid-count range. Only competed lots with a published count are included.
Past bids do not predict this tender.
1 bid8%
2–351%
4–641%
7+0%
How did awards compare with estimates?
i
Where winning prices landed against estimates.
Each colour shows awards below, close to or above the published estimate, one lot at a time.
Past prices are a guide, not a bid price.
Below estimate69%
Within ±2%25%
Above estimate6%
Assess each lot i
What past awards tell you about each lot.
See the forecast, this buyer’s earlier suppliers and firms with relevant wins.
No supplier is confirmed as a bidder.
i
What past awards tell you about each lot.
See the forecast, this buyer’s earlier suppliers and firms with relevant wins.
No supplier is confirmed as a bidder.
Open a lot for its forecast, this buyer’s previous supplier and possible competitors, from published award history, not a bid list
Lot #1Property Stock InsuranceCPV 66000000Published estimate£540k
i
How many bids this lot may attract.
The forecast uses similar past competitions. The bar shows either that forecast or past bid counts; the line below says which.
Each lot shows its own forecast based on its own category; forecasts for different lots of the same notice are not comparative.
A forecast, not a list of bidders.
1 bid11%
2–350%
4–633%
7+6%
i
Where the award price may land.
The forecast uses similar awards and the buyer’s estimate. The band covers the middle half of likely prices.
Based on 15 comparable awards. Each lot reflects its own category; forecasts for different lots of the same notice are not comparative.
A statistical guide from past awards, not a price to bid.
Middle 50%£421k–£540k
Estimate£540k
Who has supplied this buyer on similar work? i
Who has done similar work for this buyer.
Past contracts are matched by buyer, title and type of work.
A past supplier may not bid again.
i
Who has done similar work for this buyer.
Past contracts are matched by buyer, title and type of work.
A past supplier may not bid again.
No earlier contract of this buyer matches this lot on the published record.
Who could compete for this lot? i
Who could compete for this lot?
Firms with relevant past wins. On a framework, we show firms on that agreement.
None is confirmed as a bidder.
i
Who could compete for this lot?
Firms with relevant past wins. On a framework, we show firms on that agreement.
None is confirmed as a bidder.
| Supplier | Won in this category | Live contracts | Award vs estimate |
|---|---|---|---|
Marsh LtdLarge | £80m155 awards in 36m · last this month | 61 live · £45m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | 3% below n=45 |
| £60m37 awards in 36m · last 1 months ago | 10 live · £45m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | at estimate n=15 | |
| £57m87 awards in 36m · last 1 months ago | 40 live · £14m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | at estimate n=36 | |
Zurich MunicipalLarge | £18m54 awards in 36m · last 1 months ago | 16 live · £18m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | 5% below n=19 |
| £9.4m14 awards in 36m · last 1 months ago | 4 live · £2.0m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | at estimate n=2 |
Lot #2Combined Liability InsuranceCPV 66000000Published estimate£160k
i
How many bids this lot may attract.
The forecast uses similar past competitions. The bar shows either that forecast or past bid counts; the line below says which.
Each lot shows its own forecast based on its own category; forecasts for different lots of the same notice are not comparative.
A forecast, not a list of bidders.
1 bid21%
2–343%
4–632%
7+3%
i
Where the award price may land.
The forecast uses similar awards and the buyer’s estimate. The band covers the middle half of likely prices.
Based on 15 comparable awards. Each lot reflects its own category; forecasts for different lots of the same notice are not comparative.
A statistical guide from past awards, not a price to bid.
Middle 50%£142k–£160k
Estimate£160k
Who has supplied this buyer on similar work? i
Who has done similar work for this buyer.
Past contracts are matched by buyer, title and type of work.
A past supplier may not bid again.
i
Who has done similar work for this buyer.
Past contracts are matched by buyer, title and type of work.
A past supplier may not bid again.
No earlier contract of this buyer matches this lot on the published record.
Who could compete for this lot? i
Who could compete for this lot?
Firms with relevant past wins. On a framework, we show firms on that agreement.
None is confirmed as a bidder.
i
Who could compete for this lot?
Firms with relevant past wins. On a framework, we show firms on that agreement.
None is confirmed as a bidder.
| Supplier | Won in this category | Live contracts | Award vs estimate |
|---|---|---|---|
Marsh LtdLarge | £80m155 awards in 36m · last this month | 61 live · £45m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | 3% below n=45 |
| £57m87 awards in 36m · last 1 months ago | 40 live · £14m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | at estimate n=36 | |
Zurich MunicipalLarge | £18m54 awards in 36m · last 1 months ago | 16 live · £18m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | 5% below n=19 |
| £9.4m14 awards in 36m · last 1 months ago | 4 live · £2.0m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | at estimate n=2 | |
| £7.8m17 awards in 36m · last 1 months ago | 5 live · £6.0m iPublic contracts this supplier still holds. Its awards whose published end date is still in the future, with their values. Many contracts publish no end date, so this is a floor, not the whole book. Unexpired says nothing about spare capacity. | 18% below n=4 |
About this data
- Source. Official UK public procurement notices (Find a Tender), reused under the Open Government Licence v3.0. New notices arrive through the day; the figures are rebuilt nightly.
- Two views, kept apart. The authority’s own track record and the wider market for the same kind of work sit side by side and are never mixed. Where the local picture is too thin, a figure widens to a broader market and says which one it used.
- Forecasts are labelled. The price forecast and its range, possible competitors and the match score are our estimates from past awards: not published facts, not win chances and not price advice. Official notices do not say who is bidding.
- Every figure shows what it rests on. Not every notice publishes a bid count, a value or a delivery region, so each figure carries the number of records behind it, and one built on few records is marked as such. The on a figure explains it; the counting rules are in the methodology. Spotted something wrong? Tell us.
Procedure terms & legal framework
From the official record- Procedure method
- Open procedure
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Procurement category
- Services
- Notice status
- Open for tender
- Procurement threshold
- Above threshold (FTS publication)
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Yes · next expected 1 Oct 2031
- First published
- 16 Oct 2026, 09:01 BST
- Last source update
- 16 Oct 2026, 09:01 BST
- Award evaluation window
- Submission end – 18 Dec 2026
- Authority reference
AJGLSIP0001- FTS notice number
2026/S 000-097711- Latest notice
- Tender notice (UK4)
- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-078908Find a Tender
How to participate & submission route
Official notice Submit via Delta eSourcing- Requests to participate (first stage)
- —
- Tender submission deadline
- 13 Nov 2026, 17:00 GMT
- Clarification deadline
- —
- Submission channel
- Official e-sourcing portal
- Electronic submission
- Allowed
- Accepted languages
- en
Timeline
16 Oct 2026 → 9 Feb 2027 · 4 dates- Tender notice published1 day ago16 Oct 2026, 09:01 BST
- Today17 Oct 2026
- Submission deadlinein 28 days13 Nov 2026, 17:00 GMT
- Award decision expected byin 63 days18 Dec 2026, 23:59 GMT
- Contract startsin 115 days9 Feb 2027
Notice history
1 event · 1 release on Find a Tender- Tender notice published16 Oct 2026, 09:01 BSTUK4
Commercial outcome & contract awards
Nothing awarded yet- Awards (0)
- No award published
- Contracts (0)
- No contract published
- Bid statistics
- No aggregate bid statistics published
Contracting authority & participating public bodies
2 public bodies on the noticeOther public bodies
- ARTHUR J. GALLAGHER (UK) LIMITEDProcess contact pointProcuring entityBroker on behalf of the contracting authority
Official documents & specifications (1)
Official links; attachments are not copiedNotices published for this procedure
- Tender notice Tender notice on Find a Tender