Notice Information
Notice Title
Insurance Brokerage Services - PME
Notice Description
Network Rail seeks to appoint a broker to design, place, and service a comprehensive insurance and risk programme spanning the Network Rail group, which in turn evolves in to the relevant DfT Operator / Great British Railways entities, ensuring continuity through transition and value over the long term. The provision of services will begin from 1st January 2027 with services initially for Network Rail Limited and its subsidiaries. During 2027 and the further UK Rail reform this will see broker services expand to include DfT Operator Limited as it merges with Network Rail for the formation of Great British Railways. Following the formation of Great British Railways, the Insurance Broking Services will be for the Great British Railways entity. The formation of Great British Railways is anticipated to be Q3 2027. More information of Rail Industry Reform is summarised later in this document. The key objectives includes: Secure sustainable, value-for-money insurance and risk transfer aligned to the evolving GBR operating model. Maintain uninterrupted coverage through organisational and asset transfers, including any change in insured names, interests, and contractual interfaces. Provide proactive risk advisory, claims excellence, and credible market advocacy that reflects the complexity of UK rail infrastructure, operations, and regulation. As part of planned reforms to the rail industry, including the establishment of Great British Railways (GBR), it is possible that stations and other associated assets currently operated by train operators contracted by the Secretary of State for Transport may also come within the scope of such contract although the timing and volume of such opportunities is not yet known. The pre-market engagement will include exploring suitable mechanisms for modification of the contract in the future and incorporation of such services during the life of the contract. In addition, the contract and procurement process will provide for potential transfer of either the procurement process or the resulting contract itself in the event that this is required due to the establishment of GBR, rail reform or other corporate restructuring.
Planning Information
Network Rail is conducting preliminary market engagement (PME) to assess the market's capability and appetite to deliver Insurance Brokerage services that are specific to the UK railway industry. This is not a call for competition, but a request for information to inform a potential future procurement exercise in accordance with the Procurement Act 2023 (PA23). We invite suppliers to respond to the following questions to help us understand market capacity, capability, and any barriers to participation. All questions can be found on Network Rails Esourcing Platform, BravoNR. A link to the opportunity listing can be found below: Please respond to the PME questionnaire using the following link - https://networkrail.bravosolution.co.uk/ PME Questionnaire should be sent to: jack.spence2@networkrail.co.uk
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-065b12
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/016490-2026
- Current Stage
- Planning
- All Stages
- Planning
Procurement Classification
- Notice Type
- UK2 - Preliminary Market Engagement Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Not Specified
- Procurement Method Details
- Not specified
- Tender Suitability
- SME, VCSE
- Awardee Scale
- Not specified
Common Procurement Vocabulary (CPV)
- CPV Divisions
66 - Financial and insurance services
-
- CPV Codes
66510000 - Insurance services
66518100 - Insurance brokerage services
Notice Value(s)
- Tender Value
- £1,500,000 £1M-£10M
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 24 Feb 20265 days ago
- Submission Deadline
- Not specified
- Future Notice Date
- 9 Mar 20261 weeks to go
- Award Date
- Not specified
- Contract Period
- 1 Jan 2027 - 1 Jan 2030 3-4 years
- Recurrence
- Not specified
Notice Status
- Tender Status
- Planning
- Lots Status
- Planning
- Awards Status
- Not Specified
- Contracts Status
- Not Specified
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- NETWORK RAIL INFRASTRUCTURE LIMITED
- 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
- SE1 8SW
- Post Town
- South East London
- Country
- England
-
- Major Region (ITL 1)
- TLI London
- Basic Region (ITL 2)
- TLI4 Inner London - East
- Small Region (ITL 3)
- TLI45 Lambeth
- Delivery Location
- Not specified
-
- Local Authority
- Lambeth
- Electoral Ward
- Waterloo & South Bank
- Westminster Constituency
- Vauxhall and Camberwell Green
Further Information
Notice Documents
-
https://www.find-tender.service.gov.uk/Notice/016490-2026
24th February 2026 - Preliminary market engagement notice on Find a Tender
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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