Skip to content
Tenderpatch

Insurance Procurement

LOCAL SPACE

Open Closes in 28 days

Key facts

Closing date
Friday 13 November 2026, 17:00 (UK time) Closes in 28 days
Buyer's estimated value
£700,000 (excl. VAT) The buyer's own estimate, not income to you.
Contract period
9 Feb 2027 to 8 Feb 2030
Procedure
Open procedure
Notice type
Tender notice (UK4)
Suitable for SMEs (per buyer)
Yes

Decision brief

Taken from the buyer's published notice (shown as written, shortened where long). Tenderpatch has not added to or interpreted it. Always read the official documents before bidding.

How bids will be scored

Lot 1

  • Quality Technical and Social Value 40% : 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 resultin…
  • Price 60%

Lot 2

  • Quality Technical and Social Value 40% : 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 resultin…
  • Price 60%
Conditions of participation (what you must show)
None published in the notice. They may be in the tender documents.
Contract length and extensions
9 Feb 2027 to 8 Feb 2030. Extensions: Local Space Limited may extend the Contract following the initial three-year term by up to two further periods of one year each. Any extension will be at the discretion of Local Space Limited and subject to satisfactory performance, continued requirement, available budget, value for money and the t… Options: Insurance quotation options: the tender documentation also allows alternative/variant insurance quotations around cover, limits, excesses and related terms.
How to submit
Through www.delta-esourcing.com ↗ (the buyer's own portal). Electronic submission: allowed.
Tender documents
No document links in the notice. Use the official notice link.
New to public tenders? Plain-English guide to this page
Framework
An agreement that sets terms for work the buyer may order later, often from several suppliers. The value shown usually covers the whole agreement, not one job.
Open for bids / closing date
You must submit by the closing date and time, normally through the buyer's own online portal. Late bids are normally refused.
Clarification questions
A deadline for asking the buyer questions about the tender. It is earlier than the closing date.
Conditions of participation
What the buyer asks suppliers to show before they can be considered, such as experience, insurance or accreditations.
Bids are scored on
How the buyer will compare bids, usually a split between price and quality. A 60/40 split in favour of quality means the cheapest bid will not necessarily win.
Lots
A tender can be split into parts. You can often bid for only the lots that suit you.
Area (ITL)
The buyer names an official statistical area for where the work is, not a street address. Check the tender documents for the actual sites.
UK4 and other notice codes
Official codes for the type of notice. A "tender notice" means bids are being invited.

General explanations written by Tenderpatch, not part of this notice.

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.

Lots (2)

  1. Lot 1: Property Stock Insurance

    Value: £540,000 (excl. VAT)

    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 doc...

  2. Lot 2: Combined Liability Insurance

    Value: £160,000 (excl. VAT)

    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 doc...