Awarded contract

Contract for Provision of Commercial and Industrial Property Insurance 2025

Details

Supplier(s)
Aviva Plc
Value
£1,397,735.18
Topic
Financial and insurance services
Published
20 April 2026

Tender description

The provision of insurance services is essential to ensure comprehensive coverage for Somerset Council's commercial and industrial properties. The appointed provider must deliver robust and reliable insurance solutions tailored to the council's property portfolio, ensuring compliance with all relevant regulations and industry standards. Lot 1: The provision of insurance services is essential to ensure comprehensive coverage for Somerset Council's commercial and industrial properties. The appointed provider must deliver robust and reliable insurance solutions tailored to the council's property portfolio, ensuring compliance with all relevant regulations and industry standards.

Timeline

  1. Completed: Award date31 March 2026
  2. Completed: Award published20 April 2026
    Current notice

About the buyer

Somerset Council is a unitary local authority that buys through its own central procurement team. Suppliers register free on the Proactis Supplier Network, a shared e-procurement portal used across the South West. Above certain value thresholds set by the Procurement Act 2023, tenders also appear on Contracts Finder and Find a Tender. Larger contracts go to formal tender through the council's e-tendering system. Quotes are invited from multiple suppliers for lower-value goods, works and services. Commissioning favours suppliers who can show social value, environmental impact and local supply chain benefits.

UK local government drives £140bn in annual procurement, led by social protection (£66.6bn) and education (£57.1bn).

Over the past 5 years, most of Somerset Council's contract awards have been in construction work, education and training and health and social work.

Relevant CPV codes

  • 66000000 · Financial and insurance services

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Decision makers

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