Finance, audit & insurance tenders in Scotland

01What buyers ask for

From the 4 live finance, audit & insurance tenders in Scotland we have read so far.

Minimum turnover

Rarely stated in the notice

Contract length

Typically 3 years

Suitable for SMEs

1 of 4 flagged by the buyer

Frameworks & DPS

None right now

Accreditations and registrations

• FCA authorisation25%
• PCI DSS25%

Insurance

• Professional indemnity usually £10m (asked for in 1 of 4)
• Employer's liability usually £10m (asked for in 1 of 4)
• Product liability usually £5m (asked for in 1 of 4)
• Public liability usually £5m (asked for in 1 of 4)

02Live finance, audit & insurance tenders in Scotland

• The Provision of Investment Management Services for the Scottish Universities Fund Ignition StrategyScottish National Investment BankScotland£6.5mCloses 26 days
  Check if I qualify
• Insurance and Risk Related Services to Ardenglen Housing Association LimitedArdenglen Housing Association LtdScotland£616kCloses 28 days
  Check if I qualify
• Agreements for Start Up Loans' Business Support PartnersThe Start-Up Loans CompanyNorth East +11£1.2m–104mCloses 33 daysSME
  Check if I qualify
• Provision of Banking & Merchant ServicesSouth Ayrshire CouncilScotlandNot statedCloses 42 days
  Check if I qualify

03Who is buying

• Scottish National Investment Bank 1 live tender
• Ardenglen Housing Association Ltd 1 live tender
• The Start-Up Loans Company 1 live tender
• South Ayrshire Council 1 live tender

04Expert notes: Professional services

Professional services are often bought through frameworks and evaluated mainly on quality: named staff, case studies and method statements. Professional indemnity insurance levels are a common pass/fail check.

From the tenderITT tender experts. New to tendering? Read our Invitation to Tender guide and SQ vs ITT.

05Finance, audit & insurance tenders in other regions