Official UK procurement notice
Insurance & Benefits Brokerage
Authority: CENTRE FOR PROCESS INNOVATION LIMITED (Public body)
Sectors: Financial and insurance services (66) Delivery: Delivery location not published
Published estimate£12,000,000total for 2 lots · £14,400,000 inc. VAT
Submissions closed 19 Nov 2025awarded 5 Feb 2026
Awarded to Marsh Ltd
Contract term 3 yrsends 20 Apr 2029 · up to 20 Apr 2030 with extensions · starts 22 Apr 2026
What is being bought2 lots · detail below
Published requirement descriptionCPI are looking to appoint an Insurance Broker to act as an intermediary between CPI and our insurers, for CPI business insurance and employee benefits.
- The authority expects to re-tender this requirement around 24 Apr 2029, 00:59 BST.
CPV: Insurance brokerage and agency services · Insurance services
Lots and requirements (2)Procurement structure
2 lots · all with a published value (£12,000,000 together)Lot #1Business InsuranceAwardedRenewalPublished value£6,000,000
The source published no individual description for this lot.
Lot #2Staff BenefitsAwardedRenewalPublished value£6,000,000
The source published no individual description for this lot.
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 24 Apr 2029
- First published
- 20 Oct 2025, 13:33 BST
- Last source update
- 13 May 2026, 10:58 BST
- Award evaluation window
- Submission end – 8 Dec 2025
- Authority reference
3697- FTS notice number
2025/S 000-066715- Latest notice
- Contract details notice (UK7)
- Classification (CPV)
- Delivery area
- Not published
- Official registry OCID
ocds-h6vhtk-05cfc4Find a Tender
How it was run
Official noticeRun through: In-tend · Who buys & how to bid on In-tend
Access & registration note: Free · one account per buying organisation's portal · reCAPTCHA on signup
- Submission deadline
- 19 Nov 2025, 12:00 GMT
- Clarification deadline
- 3 Nov 2025, 12:00 GMT
- Submission channel
- Official e-sourcing portal
- Electronic submission
- Allowed
- Accepted languages
- en
Detailed submission instructions & authority contactsFrom official release
Timeline
20 Oct 2025 → 13 May 2026 · 8 dates- Tender notice published366 days ago20 Oct 2025, 13:33 BST
- Clarification questions by352 days ago3 Nov 2025, 12:00 GMT
- Submission deadline336 days ago19 Nov 2025, 12:00 GMT
- Award decision expected by316 days ago8 Dec 2025, 23:59 GMT
- Assessment summaries sent258 days ago5 Feb 2026
- Standstill ends245 days ago17 Feb 2026, 23:59 GMT
- Contract starts182 days ago22 Apr 2026, 00:00 BST
- Latest notice published161 days ago13 May 2026, 10:58 BST
Notice history
5 events · 3 releases on Find a Tender · since 20 Oct 2025- Tender notice published20 Oct 2025, 13:33 BSTUK4
- Contract award notice published6 Feb 2026, 11:08 GMTUK6
- Status changed to complete6 Feb 2026, 11:08 GMT
- Contract signature expected19 Feb 2026, 23:59 GMTscheduled
- Contract details notice published13 May 2026, 10:58 BSTUK7
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecastAwards 1
Awarded value £12,000,0001 award exc. VAT
Bids received 2
Named bidders 1published on the award notice
Contracts signed 1latest 29 Apr 2026
| Awarded to | Value | Date | Status |
|---|---|---|---|
| Across several lots1 award | |||
| Marsh Ltd22 Apr 2026 – 21 Apr 2029 · up to 21 Apr 2030Extensions: 12 months period extension options at the discretion of the authority | £12,000,000 | 5 Feb 2026 | Awarded |
Contracts
Contract 1 · Marsh Ltd
- Signed
- 29 Apr 2026
- Value
- £12,000,000
- Period
- 30 Apr 2026 – 29 Apr 2029 · up to 29 Apr 2030 with extensions
- Status
- active
- Extensions
- 12 months period extension options at the discretion of the authority
4 agreed KPIs: Renewals · Claim Reports · Certificates …
- Renewals, Timely preparation of insurance / staff benefits provisions and subsequent renewals
- Claim Reports, Provide claims reports no later than ninety (90) working days prior to expiry of the current period or within thirty (30) working days
- Certificates, Provision of Insurance Certificates within 30 days of the Policy starting
- Queries, Resolution of queries in line with agreed timeline
Bid statistics published by the authority
| Lot | Bids | SME | VCSE | Valid bid range |
|---|---|---|---|---|
| 1 · Business Insurance | 1final-stage tenders | 0 | 0 | — |
| 2 · Staff Benefits | 1final-stage tenders | 0 | 0 | — |
Who bid
- wonMarsh Limited · Greater London · all lots
Bidders as named on the Procurement Act 2023 award notice. “Won” means the bidder holds an award on this notice.
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- Marsh LimitedAwarded supplier
Official documents & specifications (4)
Official links; attachments are not copiedTender pack and attachments
- Signed contract Contract for the Insurance & Benefits Brokerage. Notice of Redactions & Non-Publication Certain redactions and non-publication of information within the Contract documents have been made in order to comply with applicable data protection requirements, including the UK GDPR and th…
Notices published for this procedure
- Contract details notice Contract details notice on Find a Tender
- Contract award notice Contract award notice on Find a Tender
- Tender notice Tender notice on Find a Tender