Finance and insurance requirements

To do business with the Council, companies and organisations have to pass assessments for financial stability and demonstrate adequate levels of insurance. This confirms that they are willing to obtain adequate levels of insurance.

The Council’s requirement for public liability insurance (or third party liability insurance)

All contracts for the provision of services and works, whether above or below the Council’s tender threshold, will contain a requirement for the contractor to provide public liability insurance. The Council’s standard requirement is for a minimum cover of £10 million for each claim. For activities which are fairly risk free or have little risk, the Council may lower the requirement to £5 million. If the activity represents virtually no risk at all, the requirement could be £2 million.

Any tenders using a pre-qualification stage will have the requirement for public liability insurance clearly set out in the pre-qualification questionnaire.

Download our Standard financial procedure appraisals and risk assessments (not accessible) [97.8 KB] [pdf]

Please note: we know this file might not be suitable for users of assistive technology. If you use assistive technology such as a screen reader, please email our Procurement team and we will do our best to help.