Insurance Brokerage Services - PME

NETWORK RAIL INFRASTRUCTURE LIMITED

This public procurement record has 2 releases in its history.

Tender

11 May 2026 at 15:20

Planning

24 Feb 2026 at 14:02

Summary of the contracting process

Network Rail Infrastructure Limited is currently managing a tender for "Insurance Brokerage Services - PME," which seeks to appoint a broker to oversee the insurance and risk management programme across the Network Rail group and its evolution into Great British Railways entities. This tender falls under the "Financial and insurance services" industry category and is managed from their office in London. Presently in the "tender" stage, the procurement follows a competitive flexible procedure through a selective procurement method. The submission deadline for expressions of interest is the 4th of June 2026, and all enquiries should be submitted by the 25th of May 2026. The contract is set to begin on the 1st of January 2027, with anticipated completion by the end of 2029, subject to potential renewal. This contract holds strategic significance due to ongoing rail industry reforms and the creation of Great British Railways.

This tender offers robust opportunities for businesses specialising in insurance brokerage, especially those experienced with complex infrastructure and regulatory environments like UK's rail systems. With a total contract value estimated at £600,000 gross, this two-stage procurement process is well-suited for SMEs and VCSEs that deliver value-for-money while offering proactive risk advisory services. The procurement procedure facilitates potential growth by allowing for service expansion alongside the forthcoming UK Rail reform. Companies capable of maintaining continuous coverage and adapting to dynamic organisational changes during these reforms should consider competing, as they can establish a foothold in the rail sector which is evolving towards centralisation under Great British Railways.

How relevant is this notice?

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. 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

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-065b12
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/043165-2026
Current Stage
Tender
All Stages
Planning, Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive flexible procedure
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

66510000 - Insurance services

66518100 - Insurance brokerage services

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
£500,000 £500K-£1M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
11 May 20261 months ago
Submission Deadline
25 May 2026Expired
Future Notice Date
9 Mar 2026Expired
Award Date
Not specified
Contract Period
1 Jan 2027 - 31 Dec 2029 3-4 years
Recurrence
2030-12-31

Notice Status

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

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

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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