This public procurement record has 2 releases in its history.

Award

30 Sep 2026 at 14:38

Tender

19 May 2026 at 12:58

Summary of the contracting process

Pool Re Services Limited has appointed blast-modelling consultants for work supporting Probable Maximum Loss (PML) studies for the insurance industry. The service involves assessing and analysing blast scenarios to model credible worst-case outcomes from terrorist attacks, helping stakeholders understand potential financial impacts and make informed decisions. The requirement is for consultancy services combining blast and explosion analysis with insurance-sector risk assessment. Work is for Pool Re and covers the United Kingdom. The arrangement is an open framework intended to support this specialist service through appointed providers; call-off work may be commissioned under it. The requirement is suited to firms able to deliver technical blast-scenario modelling and communicate its implications for insurance loss studies.

The procurement is complete and the framework has been awarded to Stirling Simulation Services Limited, OVE ARUP & PARTNERS LIMITED and QCIC LTD. The award date was 30 September 2026, with an awarded value of £1,440,000. The framework period runs from 2 November 2026 to 1 November 2034, with a maximum eight-year term. Pool Re may reopen the framework once during its first three years and at least twice during the remainder of the term; work may be called off with or without further competition. The selective competitive flexible procedure used a participation stage to shortlist suppliers before invitation to tender. Five suppliers reached the final stage. Evaluation weighted technical questions at 70% and the fees schedule at 30%.

This award shows demand from Pool Re for specialist analysis of blast scenarios in an insurance and terrorism-risk context, with work intended to inform credible worst-case loss studies. A credible competitor would need strong technical capability in modelling explosions and assessing their effects, alongside the ability to translate modelling into useful estimates of potential financial impact for insurance stakeholders. The requirement is suitable for SMEs, and the successful group includes both smaller and large suppliers, indicating that firms of different sizes can compete. The buyer selected providers on a combination of technical responses and fees, with technical quality carrying greater weight. Suppliers should therefore be able to demonstrate relevant analytical expertise and deliver clear, robust technical work at framework scale, as well as present a competitive fee schedule.

How relevant is this notice?

Notice Information

Notice Title

PRE00371_Blast Modelling Consultancy

Notice Description

Pool Re is seeking to establish an open framework for the provision of Blast Modelling Consultancy Services. It is intended that a maximum of three (3) Tenderers will be appointed to the Framework. The services will include the assessment and analysis of blast scenarios to support the delivery of Probable Maximum Loss (PML) studies for the insurance industry. The purpose of PML studies is to model credible worst-case scenarios, enabling stakeholders to make informed decisions and to understand the potential financial impacts arising from a terrorist attack.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-069bcf
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/092432-2026
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive flexible procedure
Tender Suitability
SME
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

71 - Architectural, construction, engineering and inspection services


CPV Codes

66519310 - Insurance consultancy services

71317100 - Fire and explosion protection and control consultancy services

Notice Value(s)

Tender Value
£1
Lots Value
£1
Awards Value
£1,440,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
30 Sep 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
30 Sep 20261 weeks ago
Contract Period
2 Nov 2026 - 1 Nov 2034 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Pool Re Services 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
EC4R 9AF
Postcode Area
Central 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
City of London
Electoral Ward
Candlewick
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
3
Supplier Names

Stirling Simulation Services Limited

Ove Arup & Partners Ltd

QCIC LTD

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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