Importance of liability insurance for those bidding for public sector contracts

//Importance of liability insurance for those bidding for public sector contracts

In many counties and districts the local government is the biggest employer and biggest spender on outsourced services; central government outsources a lot as well. If you can bid for the work available then you could secure a lucrative contract including long term and framework contracts; councils and government departments though have various pre requisites for who they choose and very often this includes adequate insurance. This is especially the case for businesses where they will be performing tasks away from their normal offices or providing services rather than or as well as products. If for example you want to bid for a cleaning contract at local council offices or for a repair contract on council houses you will need, amongst other pre qualifying factors, both public liability insurance and employer’s liability insurance. It may be that you already bid on work but find you never get it; many councils aren’t great at letting you know why and you may be wasting your time because you have not got the right insurance or don’t have adequate insurance. The councils should tell you what level of insurance they are looking for but you may need to ask, sometimes though they wont specifically require it but if one tender mentions insurance and one doesn’t they will go for the business with the right insurance. If you do have insurance therefore, or once you have it, make sure you mention it on relevant documents.