Official UK procurement notice
Credit Political Risk - Broker Contract
Authority: UK Export Finance (Central government)
What is being bought
Published requirement descriptionCredit Political Risk Brokerage Services.
- The authority expects to re-tender this requirement around 10 Jan 2030, 23:59 GMT.
CPV: Insurance services
The lotProcurement structure
single lot · value publishedLot #1AwardedRenewalPublished value£2,000,000
- Economic & financial standing
The Supplier must confirm they are content for the Authority to obtain their Dun and Bradstreet (D&B) financial risk score and perform a Financial Viability Risk Assessment Tool (FVRA) if deemed necessary.
- Technical & professional ability
Valid Cyber Essentials certificate or equivalent.
Lloyds of London Accreditation.
Financial Conduct Authority Regulation Registration/Authorisation.
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Published sub-criteria (3)
- Technical: 75%
- Price: 15%
- Social Value: 10%
Published award criteria (3)
- Technical
- Social Value
- Price
- Economic & financial standing
The Supplier must confirm they are content for the Authority to obtain their Dun and Bradstreet (D&B) financial risk score and perform a Financial Viability Risk Assessment Tool (FVRA) if deemed necessary.
- Technical & professional ability
Valid Cyber Essentials certificate or equivalent.
Lloyds of London Accreditation.
Financial Conduct Authority Regulation Registration/Authorisation.
- Price carries 15 of 100 points: a 10% discount moves about 1.5 points. The method statement decides this lot, not the discount.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record- Procedure method
- Open procedure
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Above threshold (FTS publication)
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Yes · next expected 10 Jan 2030
- First published
- 13 May 2025, 09:32 BST
- Last source update
- 4 Aug 2026, 16:26 BST
- Award evaluation window
- Submission end – 15 Jul 2026
- Authority reference
UKEF1299- FTS notice number
2026/S 000-032983- Latest notice
- Contract award notice (UK6)
- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-05119aFind a Tender
How it was run
Official notice- Submission deadline
- 6 May 2026, 17:00 BST
- Clarification deadline
- 23 Apr 2026, 12:00 BST
- Submission channel
- Official e-sourcing portal
- Electronic submission
- Allowed
- Accepted languages
- en
Timeline
13 May 2025 → 4 Aug 2026 · 10 dates- Planning notice published13 May 2025, 09:32 BST
- Market engagement4 Jul 2025, 23:59 BST
Engagement will take place through written communications and a market engagement event on the afternoon of the 4th June 2025 via Teams and in person in Westminster. For information on how to receive an invite to this event, please contact [email protected]. Due to limited space, only organisations capable of providing this service will be permitted to attend. We define capability as suppliers who are FCA registered brokers specialising in Facultative reinsurance with a credit and political risks focus. The suppliers must also be Lloyds registered as they must be capable of accessing Lloyds insurance companies to fulfil the requirement.
- Next notice expected246 days ago23 Feb 2026, 23:59 GMT
- Tender notice published201 days ago10 Apr 2026, 16:57 BST
- Clarification questions by188 days ago23 Apr 2026, 12:00 BST
- Submission deadline175 days ago6 May 2026, 17:00 BST
- Award decision expected by104 days ago15 Jul 2026, 23:59 BST
- Contract starts91 days ago29 Jul 2026, 00:00 BST
- Assessment summaries sent89 days ago31 Jul 2026, 00:00 BST
- Latest notice published85 days ago4 Aug 2026, 16:26 BST
Notice history
12 events · 6 releases on Find a Tender · since 13 May 2025- Pipeline notice published13 May 2025, 09:32 BSTUK1
- Pipeline notice published13 May 2025, 09:39 BSTUK1
- Preliminary market engagement notice published13 May 2025, 14:36 BSTUK2
- Pipeline notice published19 Feb 2026, 12:33 GMTUK1
- Published value updated to £2,000,00019 Feb 2026, 12:33 GMTwas £1,000,000
- Tender notice published10 Apr 2026, 16:57 BSTUK4
- Status changed to active10 Apr 2026, 16:57 BST
- Procurement method changed10 Apr 2026, 16:57 BST
- Deadline published: 6 May 2026, 17:00 BST10 Apr 2026, 16:57 BST
- Contract award notice published4 Aug 2026, 16:26 BSTUK6
- Status changed to complete4 Aug 2026, 16:26 BST
- Contract signature expected14 Aug 2026, 23:59 BSTscheduled
Published amendments (1)
Value updated to include option period. Timeline update to more accurately reflect UKEF current position and timelines. Full details of timeline and Contract Start Date will be included in the UK004 when published.
Routine re-releases (6)
- 2025-05: 3 releases · 13 May 2025, 13 May 2025
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Aon LimitedPrimary Broker17 Aug 2026 – 16 Aug 2029 · up to 16 Aug 2031Extensions: Optional 2 year extension by mutual agreement. If provisions of employment of the Reserve Broker are met during the life of the contract, the spend with the Reserve Broker shall be deducted from the total available spend under this contract. | £2,000,000 | 31 Jul 2026 | Awarded |
| Marsh LtdReserve Broker17 Aug 2026 – 16 Aug 2029 · up to 16 Aug 2031Extensions: Reserve provision of Credit Political Risk Brokerage Services if required. Contract value currently set to £0, however if conditions for employment of the Reserve Broker are met, allowable spend will transfer from the Primary Broker contract to the Reserve Broker contract. | — | 31 Jul 2026 | Awarded |
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 4final-stage tenders | 0 | 0 | — |
Contracting authority & participating public bodies
Bidders & participating suppliers
2 commercial parties on the notice- AON UK LIMITEDAwarded supplier
- Marsh LimitedAwarded supplier
Official documents & specifications (9)
Official links; attachments are not copiedTender pack and attachments
- Technical specifications Please see Atamis supplier portal.
- Bidding documents and specifications Please see Atamis supplier portal.
Notices published for this procedure
- Contract award notice Contract award notice on Find a Tender
- Contract award notice Contract award notice on Find a Tender
- Tender notice Tender notice on Find a Tender
- Pipeline notice Pipeline notice on Find a Tender
- Preliminary market engagement notice Preliminary market engagement notice on Find a Tender
- Pipeline notice Pipeline notice on Find a Tender
- Pipeline notice Pipeline notice on Find a Tender