--- title: "UK Export Finance - Upcoming procurement for a political and credit risk insurance & brokerage services framework agreements" ocid: "ocds-b5fd17-aaf968ed-2433-4a19-8913-2904abf5593a" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-aaf968ed-2433-4a19-8913-2904abf5593a" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-aaf968ed-2433-4a19-8913-2904abf5593a.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-aaf968ed-2433-4a19-8913-2904abf5593a.json" source: "Contracts Finder" current_stage: "Planning" buyer: "DEPARTMENT FOR INTERNATIONAL TRADE" published: "2021-12-13" --- # UK Export Finance - Upcoming procurement for a political and credit risk insurance & brokerage services framework agreements Buyer: DEPARTMENT FOR INTERNATIONAL TRADE Current stage: Planning OCID: ocds-b5fd17-aaf968ed-2433-4a19-8913-2904abf5593a [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-aaf968ed-2433-4a19-8913-2904abf5593a) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-aaf968ed-2433-4a19-8913-2904abf5593a.json) ## Summary The Department for International Trade is planning an upcoming procurement for political and credit risk insurance and brokerage services framework agreements. The tender, titled "UK Export Finance - Upcoming procurement for a political and credit risk insurance & brokerage services framework agreements," falls under the financial and insurance services industry category. Key preliminary activities are underway, with a planned future notice expected on 31 January 2022 and an anticipated contract period commencing on 1 June 2022, lasting through to 31 May 2026. The estimated contract value is £250 million, with a minimum threshold of £50 million. This procurement presents significant opportunities for businesses specialising in financial services, particularly those experienced in insurance brokerage and risk management. Small to medium-sized enterprises (SMEs) may find this tender especially suitable, as the procurement has been structured to encourage their participation. Businesses that can register their interest through the specified e-tendering portal will benefit from the potential to support UK Export Finance’s requirements and enhance their market presence through strategic partnerships in this sector. ## Notice Political Risk Insurance Framework (Brokerage Services and UK Export Finance ("the Authority") has a potential requirement for framework agreements for political and credit risk insurance & brokerage services . The proposed procurement will entail services for the proposed framework agreement for both the Brokerage services and insurance panel in relation to political and credit risk. Lot structure: * Lot 1 Insurance brokerage services *Lot 2 Insurance panel The purpose of this Prior Information Notice (PIN) is a development to publication of the Prior Information Notice (PIN) in July 2021 (Reference: https://www.find-tender.service.gov.uk/Notice/017283-2021 ), In July 2021, the Department for International Trade on behalf of UK Export Finance sought feedback from the supplier market on some preliminary elements of scope via qualitative questionnaire. The market engagement was effective, a broad selection of interested Potential Service providers participated through qualitative questionnaire and raised clarification questions. This approach allowed the Authority to gain some insights and test the market's capacity and capability to deliver the requirement as currently described. The approach set out our initial thinking and has subsequently evolved in light of feedback received from the market, internally and lessons learned. We have been working to further refine and develop our proposition. A prospectus describing the requirement will be made available from via the jaggaer e-tendering portal to potential service providers service providers who register an interest against this PIN All communications to / from shall be via the e-tendering portal: https://uktrade.app.jaggaer.com/web/login.html (Go to > view opportunities > Current Opportunities) Additional information: If you wish to register an interest, please send an email via the Authority e-tendering Portal, clearly stating 'expression of interest' in the subject line including the following information: - Name of Contact; - Name of Organisation; - Outline description of the organisation; - Contact's email address; and - Contact's telephone number. The Authority will be using the Portal to manage expressions of interest and all communications will be made through the Portal: https://uktrade.app.jaggaer.com/web/login.html This PIN is released for market sounding purposes only. This PIN does not formally signify the beginning of any procurement exercise by the authority, nor does it constitute a commitment by the authority to undertake a procurement. However, in the event that the authority decides to formally commence a procurement pursuant to this PIN, a separate contract notice will be published. If a separate contract notice is published the authority may rely on the publication of this notice to utilise the minimum time-frames permissible for the receipt of tenders and stages of a procurement. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/7d62ef85-2797-457a-ae30-0a8176bac667 | | Notice type | Planned Procurement Notice | | Procurement type | Framework | | Procurement category | Not specified | | Procurement method | Not Specified | | Procurement method details | Not specified | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Planning | ## Dates | Field | Value | | --- | --- | | Publication date | 13 Dec 2021 | | Submission deadline | Not specified | | Future notice date | 31 Jan 2022 | | Award date | Not specified | | Contract period | 31 May 2022 - 31 May 2026 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £250,000,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Planned | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | DEPARTMENT FOR INTERNATIONAL TRADE | | Locality | LONDON | | Post town | South West London | | Postcode | SW1A 2BL | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI3 Inner London - West | | ITL 3 | TLI35 Westminster and City of London | | Local authority | Westminster | | Electoral ward | St James's | | Westminster constituency | Cities of London and Westminster | | Delivery location | Not specified | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66000000 - Financial and insurance services ## Release History - 13 Dec 2021 at 16:54 - Planning - Planned Procurement Notice - https://www.contractsfinder.service.gov.uk/Notice/7d62ef85-2797-457a-ae30-0a8176bac667 - 13 Dec 2021 at 16:14 - Planning - Planned Procurement Notice - https://www.contractsfinder.service.gov.uk/Notice/7d62ef85-2797-457a-ae30-0a8176bac667 - 13 Dec 2021 at 16:05 - Planning - Planned Procurement Notice - https://www.contractsfinder.service.gov.uk/Notice/7d62ef85-2797-457a-ae30-0a8176bac667 - 13 Dec 2021 at 12:01 - Planning - Planned Procurement Notice - https://www.contractsfinder.service.gov.uk/Notice/7d62ef85-2797-457a-ae30-0a8176bac667 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/7d62ef85-2797-457a-ae30-0a8176bac667 13th December 2021 - Future opportunity notice on Contracts Finder ## Notice URLs - https://uktrade.app.jaggaer.com/web/login.html - https://www.find-tender.service.gov.uk/Notice/017283-2021 ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-aaf968ed-2433-4a19-8913-2904abf5593a. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-aaf968ed-2433-4a19-8913-2904abf5593a.json.