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Marine Insurance 2026 / 2027

London Borough of Southwark

This public procurement record has 1 release in its history.

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12 Oct 2026 at 17:31

UK7 - Contract Details Notice
Summary of the contracting process

London Borough of Southwark procured marine insurance cover for South Dock Marina. The requirement is insurance services for the marina, with delivery in London. The contract covers the marina rather than a broader portfolio of transport or aviation risks.

The procurement is complete and the contract is active. Southwark used a below-threshold limited competition, with one lot. Arthur J Gallagher was selected and signed the contract on 29 September 2026. The contract runs from 1 October 2026 to 30 September 2027. Its value is £47,093.55 excluding VAT, or £52,744.78 including VAT. The published procurement information does not state the evaluation criteria.

This award shows Southwark buys marine insurance specifically for South Dock Marina through a limited competition. Suppliers competing for a comparable requirement would need to demonstrate the ability to arrange and service marine insurance for a marina operation, and to provide suitable cover for the risks arising from that activity. The successful supplier was Arthur J Gallagher, a small or medium-sized enterprise, showing that this contract was awarded to a supplier of that scale. Insurance brokers or providers with relevant marine expertise and the capacity to support a local authority client would be best placed to establish credibility when this specific requirement next comes to market.

How relevant is this notice?

Notice Information

Notice Title

Marine Insurance 2026 / 2027

Notice Description

Marine insurance cover for South Dock Marina for 2026 / 2027

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-078613
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/096307-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Below threshold - limited competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66514120 - Marine, aviation and other transport insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£47,093 Under £100K

Notice Dates

Publication Date
12 Oct 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Oct 2026 - 30 Sep 2027 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
London Borough of Southwark
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 2QH
Postcode Area
South East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
Not specified
Local Authority
Southwark
Electoral Ward
London Bridge & West Bermondsey
Westminster Constituency
Bermondsey and Old Southwark

Supplier Information

Number of Suppliers
1
Supplier Name

Arthur J Gallagher Ltd

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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