Insurance Procurement
Local Space Limited, a UK housing organisation, is procuring corporate insurance cover and associated insurance services through two separately awarded lots: Property Stock Insurance and Combined Liability Insurance covering employers’ liability, public liability, products liability and related risks. The successful suppliers will provide the required insurance protection in accordance with specified cover scopes, limits, excesses, service standards and claims-handling requirements, with bidders able to tender for one or both lots. The estimated contract value is £700,000, with an initial three-year term beginning on 9 February 2027 and options for two additional one-year extensions, giving a maximum five-year duration. Services will cover Local Space’s operations across the UK, including regions UKC, UKD, UKE, UKF, UKG, UKH, UKI, UKJ and UKK. The key participation requirement is that bidders must satisfy the Conditions of Participation set out in the associated tender documents.
Buyer: LOCAL SPACE. Source: Find a Tender. Updated 16 Oct 2026.
Key facts
- Estimated value: £700k
- Bids close: 13 Nov 2026
- Location: North East (England), North West (England), Yorkshire and The Humber, East Midlands (England), West Midlands (England), East of England, London, South East (England), South West (England), Hackney and Newham, Camden and City of London
- Procedure: Open procedure
- Contract period: 9 Feb 2027 to 8 Feb 2030
- Category: Financial and insurance services (66000000)
From the official notice
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.
View the official notice
Questions about this tender
When is the deadline?
Bids close on 13 Nov 2026.
What is it worth?
The estimated value is £700k.
Who can apply?
The buyer has marked it as suitable for small and medium-sized businesses.
How do I bid?
Open the official notice, register on the buyer's portal and submit your bid before the deadline.
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