Award

UKRI-5471-INSURANCE SERVICES

UK RESEARCH & INNOVATION (UKRI)

This public procurement record has 1 release in its history.

Award

27 Mar 2026 at 12:27

Summary of the contracting process

The procurement process for UKRI's "UKRI-5471-INSURANCE SERVICES" outlines the award of a contract for providing insurance brokerage and policy services. Managed by UK Research & Innovation (UKRI), based in Swindon, Wiltshire, this project falls within the services category and was facilitated through a direct procurement method, below the threshold, without competition. The contract with Marsh Limited, a large supplier located in London, commenced on 1 March 2026 and is set to conclude on 29 February 2028. It was officially signed on 27 February 2026, with a gross contract value of £117,600. The procurement has been completed, marking the award stage of the process.

This tender presents growth opportunities primarily for large businesses with expertise in insurance services, as demonstrated by Marsh Limited's active role as a supplier. The process offers potential for organisations specialising in insurance brokerage services and policy provision to engage with central government authorities like UKRI. Businesses well-equipped in the insurance sector may find opportunities for collaboration or partnership, learning from the successful procurement process employed by an established public authority. Such projects can expand reach and credibility within the industry, aligning with the demands and standards of government contracts.

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Notice Title

UKRI-5471-INSURANCE SERVICES

Notice Description

Insurance brokerage services and insurance policy provision

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-067672
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/028484-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£98,000 Under £100K

Notice Dates

Publication Date
27 Mar 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
27 Feb 20261 months ago
Contract Period
1 Mar 2026 - 29 Feb 2028 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
UK RESEARCH & INNOVATION (UKRI)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SWINDON, WILTSHIRE
Postcode
SN2 1FL
Post Town
Swindon
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK71 Swindon
Delivery Location
Not specified

Local Authority
Swindon
Electoral Ward
Rodbourne Cheney
Westminster Constituency
Swindon North

Supplier Information

Number of Suppliers
1
Supplier Name

MARSH

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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