This public procurement record has 6 releases in its history.

Award

04 Aug 2026 at 15:26

Tender

10 Apr 2026 at 15:57

PlanningUpdate

19 Feb 2026 at 12:33

Planning

13 May 2025 at 13:36

PlanningUpdate

13 May 2025 at 08:39

Planning

13 May 2025 at 08:32

Summary of the contracting process

The procurement process for the "Credit Political Risk - Broker Contract" is conducted by UK Export Finance, a public authority central government body located in London, United Kingdom. This contract focuses on insurance services within the credit political risk sector. The procurement has reached the award stage with key dates including the award notice published on 4 August 2026. The contract, valued at £2,000,000, starts on 17 August 2026 and is set to run until 16 August 2029, with a potential extension by mutual agreement. The procurement was carried out through an open procedure, allowing fair competition and transparency.

This contract represents an excellent opportunity for firms specialising in brokerage services for reinsurance of portfolios. Businesses well-suited to compete in this tender include those with experience in credit and political risk insurance, a presence in the UK market, and requisite accreditations such as Lloyds of London registration and Financial Conduct Authority regulation. By participating in this tender, companies have the chance to collaborate with governmental bodies and expand their portfolio in this specialized insurance sector, thereby facilitating business growth and establishing a presence within central government contracts.

How relevant is this notice?

Notice Title

Credit Political Risk - Broker Contract

Notice Description

Credit Political Risk Brokerage Services.

Planning Information

Engagement will take place through written communications and a market engagement event on the afternoon of the 4th June 2025 via Teams and in person in Westminster. For information on how to receive an invite to this event, please contact commercial@ukexportfinance.gov.uk. Due to limited space, only organisations capable of providing this service will be permitted to attend. We define capability as suppliers who are FCA registered brokers specialising in Facultative reinsurance with a credit and political risks focus. The suppliers must also be Lloyds registered as they must be capable of accessing Lloyds insurance companies to fulfil the requirement.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05119a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/073862-2026
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£2,000,000 £1M-£10M
Lots Value
£2,000,000 £1M-£10M
Awards Value
£2,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
4 Aug 2026Yesterday
Submission Deadline
6 May 2026Expired
Future Notice Date
23 Feb 2026Expired
Award Date
30 Jul 20266 days ago
Contract Period
16 Aug 2026 - 16 Aug 2029 3-4 years
Recurrence
2030-01-10

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
UK EXPORT FINANCE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1A 2HQ
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
2
Supplier Names

AON

MARSH

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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