Award

AON Insurances and broker fee

BRITISH BUSINESS BANK PLC

This public procurement record has 1 release in its history.

Award

15 Apr 2026 at 13:21

Summary of the contracting process

The British Business Bank PLC has awarded a contract for AON Insurances and broker fee services, covering Personal Accident and Travel, Professional Indemnity for BBB Investment Services Ltd, and Directors and Officers Liability. This procurement falls under the services category within the financial and insurance industry and is located in Sheffield, United Kingdom, specifically in the UKE32 region. The contract award stage commenced on 15th April 2026, with the contract active from 1st April 2026 to 31st March 2027. The procurement method employed was direct and below threshold without competition, targeting strategic collaboration with a trusted supplier.

This tender presents substantial opportunities for businesses specialising in financial and insurance services, particularly those capable of providing comprehensive coverage across different areas such as professional indemnity and liability insurance. Large-scale insurance firms, like AON, are well-positioned to compete successfully on such contracts due to their capacity to offer robust risk management services and advice. Moreover, enterprises aiming to broaden their services in related sectors stand to benefit from aligning with central government authorities such as the British Business Bank PLC, reinforcing their market credibility and expanding client networks.

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Notice Title

AON Insurances and broker fee

Notice Description

Personal Accident and Travel, Professional Indemnity - BBB Investment Services Ltd and Directors and Officers Liability

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-068323
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/034270-2026
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

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£97,666 Under £100K

Notice Dates

Publication Date
15 Apr 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
30 Mar 20263 weeks ago
Contract Period
31 Mar 2026 - 31 Mar 2027 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
BRITISH BUSINESS BANK PLC
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SHEFFIELD
Postcode
S1 2GQ
Post Town
Sheffield
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
Not specified

Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

AON

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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