Scope
Reference
URN 25-S-051 RBC 00002404
Description
RBC is seeking tender submissions for annual policies, which commence on 1st April 2026 in the name of:
Reading Borough Council
CIVIC OFFICES, BRIDGE STREET, READING, BERKSHIRE RG1 2LU
Total value (estimated)
- £6,800,000 excluding VAT
- £8,500,000 including VAT
Above the relevant threshold
Contract dates (estimated)
- 1 April 2026 to 31 March 2029
- Possible extension to 1 April 2033
- 7 years, 1 day
Description of possible extension:
plus 2 years and plus 2 years (4 in total)
Main procurement category
Services
CPV classifications
- 66510000 - Insurance services
Contract locations
- UKJ11 - Berkshire
Lot 1. Property
Description
This Section incorporates the following classes of business:
Property (General Properties) - Buildings & Content
Housing Properties - Buildings & Contents
LEA Education Properties - Buildings & Contents
Business Interruption:-
Increase in Cost of Working
Rent Receivable
Specified All Risks
Works in Progress
Lot value (estimated)
- £2,436,000 excluding VAT
- £3,045,000 including VAT
Same for all lots
CPV classifications, contract locations and contract dates are shown in the Scope section, because they are the same for all lots.
Lot 2. Commercial property
Description
This Section incorporates the following classes of business:
Industrial and Commercial Properties
a. Buildings
b. Loss of Rent
Lot value (estimated)
- £320,000 excluding VAT
- £400,000 including VAT
Same for all lots
CPV classifications, contract locations and contract dates are shown in the Scope section, because they are the same for all lots.
Lot 3. Casualty
Description
This Lot incorporates the following classes of business:
Employers Liability
Public and Products Liability
Officials Indemnity
Land Charges
Libel and Slander
Professional Indemnity
Hirers Liability
Lot value (estimated)
- £3,040,000 excluding VAT
- £3,800,000 including VAT
Same for all lots
CPV classifications, contract locations and contract dates are shown in the Scope section, because they are the same for all lots.
Lot 4. Motor Fleet
Description
This Section incorporates the following classes of business:
Motor Fleet
School Minibuses
Occasional Business Use
Uninsured Loss Recovery Service (ULR)
Lot value (estimated)
- £640,000 excluding VAT
- £800,000 including VAT
Same for all lots
CPV classifications, contract locations and contract dates are shown in the Scope section, because they are the same for all lots.
Lot 5. Engineering
Description
This Section incorporates the following classes of business:
Engineering Insurance
Engineering Inspection
Lot value (estimated)
- £224,000 excluding VAT
- £280,000 including VAT
Same for all lots
CPV classifications, contract locations and contract dates are shown in the Scope section, because they are the same for all lots.
Lot 6. Fidelity Guarantee / Crime
Description
Employee Fraud
Indemnity in respect of loss of money, securities and other property resulting directly from one of more fraudulent or dishonest acts committed by an employee, provided that such fraudulent or dishonest acts are committed
Territorial Limits
British Isles but including losses resulting from overseas visits
Policy Interest
Policies are to be prepared in the name of Reading Borough Council
Subsidiary to be included
Brighter Futures for Reading Ltd - In run-off as of 1st April 2026
Lot value (estimated)
- £140,000 excluding VAT
- £175,000 including VAT
Same for all lots
CPV classifications, contract locations and contract dates are shown in the Scope section, because they are the same for all lots.
Submission
Tender submission deadline
10 December 2025, 2:00pm
Submission address and any special instructions
Tenders may be submitted electronically
Yes
Languages that may be used for submission
English
Award decision date (estimated)
20 January 2026
Award criteria
| Name | Description | Type |
|---|---|---|
| Simple description | Quality Criteria to Award Score 0 No response provided 1 Minimal information provided with no way to clearly identify what is being offered 2 Limited information provided with information on the service... |
Price |
Weighting description
Quality
Criteria to Award Score
0 No response provided
1 Minimal information provided with no way to clearly identify what is being offered
2 Limited information provided with information on the service provided but with no relevance to the needs of the Contracting Authority
3 A generic response provided but missing detail on capability, resource or experience in the Public/Education sector
4 Summary details of capability, resource and experience provided but lacking in focus on the contracting...
Other information
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Open procedure
Contracting authority
Reading Borough Council
- Public Procurement Organisation Number: PWBJ-9435-VXQQ
Bridge Street
Reading
RG1 2LU
United Kingdom
Contact name: Heather Hall
Email: pchub@reading.gov.uk
Region: UKJ11 - Berkshire
Organisation type: Public authority - sub-central government