---
title: "PS26147 - Directors Insurance for Innovate UK Loans Ltd 2026"
ocid: "ocds-h6vhtk-069d4f"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-069d4f"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-069d4f.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-069d4f.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "UK RESEARCH AND INNOVATION"
published: "2026-05-20"
---

# PS26147 - Directors Insurance for Innovate UK Loans Ltd 2026

Buyer: UK RESEARCH AND INNOVATION  
Current stage: Award  
OCID: ocds-h6vhtk-069d4f

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-069d4f)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-069d4f.json)

## Summary

The procurement process led by UK Research and Innovation (UKRI) for Directors Insurance for Innovate UK Loans Ltd 2026 has been concluded. The procurement, identified as PS26147, falls within the insurance and pension services industry and is located in the United Kingdom. The tender was completed without a competitive process due to technical reasons, with Marsh Limited being contracted to provide the services. The direct procurement method was utilised, and the award was finalised with the contract active as of 14th May 2026 for a total value of £17,136 GBP. The contract completion was documented on 31st May 2026, ensuring all obligations are met within the stipulated timeline.

This tender creates opportunities for businesses operating within the insurance sector, particularly those capable of negotiating competitive rates and providing comprehensive services to large-scale government clients like UKRI. Although the process did not include an open competition this time, it highlights the importance of building strategic alliances and demonstrating unique capabilities that meet specific technical demands. Large firms with significant market experience and expertise in public sector contracts may find similar opportunities advantageous for expanding their service offerings in the public procurement landscape.

## Notice

***** THIS IS A CONTRACT DETAILS NOTICE, NOT A CALL FOR COMPETITION ***** This procurement is being concluded without competition due to an absence of competition for technical reasons, only a particular supplier can supply the goods, services or works required. Brief Description of Requirement UKRI has a contract with Marsh to obtain the best insurances and the best price for UKRI. This insurance has been placed and the premium changed is lower than last year, market reviews are regularly carried out by Marsh.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/046335-2026 |
| 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 |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 20 May 2026 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 11 May 2026 |
| Contract period | 13 May 2026 - 31 May 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £17,136 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | UK RESEARCH AND INNOVATION |
| Additional buyers | UK SHARED BUSINESS SERVICES LTD |
| Locality | SWINDON |
| Post town | Swindon |
| Postcode | SN2 1FL |
| Country | England |
| ITL 1 | TLK South West (England) |
| ITL 2 | TLK7 Gloucestershire and Wiltshire |
| ITL 3 | TLK71 Swindon |
| Local authority | Swindon |
| Electoral ward | Rodbourne Cheney |
| Westminster constituency | Swindon North |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | MARSH |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66500000 - Insurance and pension services

## Release History

- 20 May 2026 at 11:41 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/046335-2026

## Documents

- https://www.find-tender.service.gov.uk/Notice/046335-2026
  20th May 2026 - Contract details notice on Find a Tender

## Notice URLs

- http://www.marsh.com
- https://www.legislation.gov.uk/ukpga/2023/54/contents

## 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-h6vhtk-069d4f. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-069d4f.json.