Award

Ebury Bridge Regeneration Phase 2 Contractor's All Risk Insurance

WESTMINSTER CITY COUNCIL

This public procurement record has 1 release in its history.

Award

09 Mar 2026 at 15:40

UK5 - Transparency Notice
Summary of the contracting process

Westminster City Council has awarded the contract for the Ebury Bridge Regeneration Phase 2 Contractor's All Risk Insurance to Chubb European Group SE. This award, dated 9th March 2026, supports the Council's Phase 2 regeneration project by providing insurance coverage for construction works, third-party liabilities, terrorism risks, and financial losses. The procurement follows a direct award method due to the urgency and specialist insurance requirements associated with the project. Located in London, the project is within the services category and requires insurance due to activities near critical Network Rail infrastructure. The contract period begins on 9th March 2026 and extends until 22nd September 2029, with a gross value of £1,495,217 GBP.

This procurement offers a vital opportunity for large and specialised insurance firms, particularly those adept at managing risks associated with major infrastructure projects and construction activities. Businesses in the damage or loss insurance industry stand to benefit from this contract's substantial financial scale and extended timeline. Furthermore, organisations capable of delivering bespoke insurance solutions that meet complex and urgent requirements should view this award as an opportunity to establish or expand their presence in public sector works. The direct award process facilitates collaboration with specialised brokers, highlighting the advantage for businesses equipped to navigate high-stakes environments and align with pressing project needs.

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Notice Information

Notice Title

Ebury Bridge Regeneration Phase 2 Contractor's All Risk Insurance

Notice Description

Westminster City Council has entered into a specialist insurance policy to support the delivery of the Ebury Bridge Estate Phase 2 regeneration project. The policy provides protection for construction works, third-party liabilities, terrorism risks, and potential financial losses during the build programme. The Council appointed its main works contractor through competitive means, and prior to the start on site date for enabling works, must have appropriate insurance in place. The Council has utilised the expertise of its insurance broker, Marsh, Limited, to engage the insurance market for this specialist insurance. The value of the insurance policy exceeds the services threshold defined under the Procurement Act 2023. The Council has placed this policy without following the full competitive procedures required under the Procurement Act 2023 because: - The Project requires highly specialist and bespoke insurance, including cover for activities taking place close to critical Network Rail infrastructure, which only a small number of insurers in the UK market are capable of providing. - Such insurers typically only accept placements via specialist brokers, limiting the COuncil's ability to approach insurers directly - The Council's main contractor took possession of the site on 2 February 2026, with essential works scheduled to begin on 23 February 2026. Without insurance, these works could not legally or safely proceed - Delay in securing insurance could have exposed the Council to significant uninsured risks and potential claims for delay, with considerable costs per week of delay.

Procurement Information

Given of the specialist nature of the market, the limited number of capable insurers, and the urgent need for cover, the Council relied on direct award justification grounds available under Schedule 5 of the Procurement Act 2023, specifically relating to urgency and the lack of suitable market competition. The Council's insurance broker, Marsh Limited, underwent a quotes exercise with identified insurance providers in the market offering Contractors' All Risk Insurance and recommended Chubb Group SE considering the cost and insurance policy terms. The Council has undertaken reasonable steps to ensure value for money in this specialist field. This need is immediate arising from events the Council could not foresee. There is insufficient time for a compliant competitive procedure, and it is unlikely any such activity would result in a more favourable result.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-066596
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/021005-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK5 - Transparency Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66515000 - Damage or loss insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£1,495,217 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
9 Mar 20265 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
9 Mar 20265 days ago
Contract Period
9 Mar 2026 - 22 Sep 2029 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
WESTMINSTER CITY COUNCIL
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
SW1E 6QP
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
1
Supplier Name

CHUBB EUROPEAN GROUP

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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