Tender

Credit Political Risk - Broker Contract

UK EXPORT FINANCE

This public procurement record has 5 releases in its history.

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 latest procurement process initiated by UK Export Finance is the "Credit Political Risk - Broker Contract" focused on the delivery of insurance services. This tender, identified as "UKEF1299", involves the provision of brokerage services, particularly for Political Credit Risk Lot 1. The process is in the tender stage and follows an open procurement procedure. Located in the United Kingdom, the contract is valued at a gross amount of £2.4 million, with a net value of £2 million. Interested parties should note that the deadline for tender submissions is 6th May 2026, with an enquiry period closing on 23rd April 2026. The award decision is anticipated by 15th July 2026, and the contract is set to commence on 29th July 2026, running until 28th July 2031.

This tender offers significant growth opportunities for businesses specialising in insurance brokerage, specifically those with expertise in credit and political risks. Suitable candidates are expected to have a valid Cyber Essentials certificate, Lloyds of London Accreditation, and Financial Conduct Authority regulation registration. As the procurement method is open, it provides equal opportunity to qualified firms, fostering a competitive environment. This contract can notably enhance business portfolios and provide continual financial engagements over a five-year period with possible extensions. Businesses equipped to meet the technical and financial criteria, including the capacity to secure Lloyds insurance companies for requisite risk solutions, will find this tender especially valuable.

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Notice Title

Credit Political Risk - Broker Contract

Notice Description

Replacement for Political Credit Risk Lot 1 (Brokerage)

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/032983-2026
Current Stage
Tender
All Stages
Planning, Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

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
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
10 Apr 2026Yesterday
Submission Deadline
6 May 20264 weeks to go
Future Notice Date
23 Feb 2026Expired
Award Date
Not specified
Contract Period
28 Jul 2026 - 28 Jul 2031 Over 5 years
Recurrence
2030-01-10

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
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

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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