Find a TenderPlanned procurementPreliminary market engagement notice
Published 21 Oct 2026, 11:13 BST

Official UK procurement notice

Insurance Broker Service · UK public procurement notice

Authority: Senedd Cymru / Welsh Parliament (Public body)

ServicesBelow thresholdSME suitable
Planned pipeline value£30,000pipeline notice, not a live tender
Tender notice expected 27 Nov 2026from the planned procurement notice
Contract term 6 yrsends 7 Feb 2033 · starts 8 Feb 2027

What is being bought

Published requirement description

The Welsh Parliament (Senedd Cymru) is undertaking preliminary market engagement to inform the potential future procurement of Insurance Broker Services.

As part of this early-stage activity, we are inviting interested suppliers to submit a short questionnaire designed to help us understand current market capability, delivery models, and potential approaches to service provision.

The information gathered through this engagement will support the Welsh Parliament in shaping any subsequent procurement strategy. Participation is voluntary, and responses will be used for research and planning purposes only. Completion of the questionnaire does not form part of any formal procurement process, nor does it create any obligation or advantage in any future tender.

Suppliers with relevant experience in delivering Insurance Broker Services are encouraged to take part.

Your insights will help ensure that any future approach is well-informed, proportionate, and aligned with best practice.

The Welsh Parliament requires a broker to provide, on an independent and a fixed fee basis, the following services:

(a) advising on appropriate types and levels of insurance to meet corporate risks while achieving value for money;

(b) identifying suitable insurance providers;

(c) the placement, monitoring and renewal of the Welsh Parliament's insurance policies with suitable insurance providers;

(d) management and administration of the Welsh Parliament's insurance policies during the period of contract;

(e) claims handling and management.

CPV: Insurance brokerage services

The lotProcurement structure

single lot · no lot value published
Lot #1Planned 6 yrsSME
Contract period: 8 Feb 2027 – 7 Feb 2033 (6 yrs)
Delivery: WalesEligibility: SME eligible

Who is likely to bid for this lot ↓

Pipeline intelligence · planning stage: how this market runs before the tender is published

How Senedd Cymru / Welsh Parliament buys Insurance services (CPV 6651), and who usually turns up

Senedd Cymru / Welsh Parliament’s published record next to the market for the same work. Frameworks and DPS are left out: they draw different bid counts. Whole-market view: Insurance services (CPV 6651) →

1

How the contest usually goes

Winner shares use published awards; bid and price charts use contested lots.

Question for the bid
This buyerSenedd Cymru / Welsh Parliament · all categories
What to do with it
How often do SMEs win?
i

How often small and medium firms win.

Share of awards where the winner’s size is known.

The counts under this question show how many awards have a known supplier size.

Last 36 months.

Buyer: 1 of 3 known-size awards · market: CPV 6651 · Wales (Cymru), n=21
1 of 30%

Small firms have won here. Neither number says whether you qualify; it describes who has been winning.

How often do local suppliers win?
i

How often local firms win similar work.

Winners with a registered address in the delivery region, out of awards with a known address.

Local means the winner is registered in the region where that award was delivered. The market figure counts awards delivered in Wales (Cymru).

A local branch does not count if the registered address is elsewhere.

Last 36 months.

Buyer: 0 of 4 known-location awards · market: CPV 6651 · Wales (Cymru), n=15
0 of 40%

Most of this buyer’s recorded winners were registered outside the region where that award was delivered.

How long to a decision?
i

How long buyers here take to decide after bids close.

Middle value in days from the bid deadline to the award date, on competitions that published both.

Only decided tenders count, so slow ones still waiting are not in.

Last 36 months.

Buyer: no decision dates published · market: CPV 6651 · UK-wide, n=99
—64 days

Half of these awards have an award date within 64 days of the bid deadline.

How often single-bid or direct?
i

How often work is awarded with no recorded rival.

Direct awards and tenders where every published lot count shows one bid.

The market share is a minimum: some awards have no bid count.

Thin markets produce this too; it is not proof of a tailored specification.

Last 36 months.

Buyer: exactly 1 of 4 procurements with awards had no recorded rival · market: CPV 6651 · Wales (Cymru), n=9
1 of 411%

Direct awards or one recorded bid are common here. Check the route before spending time on a bid.

How many bids did past lots attract?

i

How many bids past lots received.

Each colour is a bid-count range. Only competed lots with a published count are included.

Past bids do not predict this tender.

Last 36 months.

This buyerToo few to chart: 3 lots with bid counts, 5 needed · all categories
The market17 lots with bid counts · CPV 6651 · Wales (Cymru)
6% had one bid
Market · select a colour for counts
1 bid6%
Market: 1 of 17 lots with published bid counts.
2–382%
Market: 14 of 17 lots with published bid counts.
4–612%
Market: 2 of 17 lots with published bid counts.
7+0%
Market: 0 of 17 lots with published bid counts.

How did awards compare with estimates?

i

Where winning prices landed against estimates.

Each colour shows awards below, close to or above the published estimate, one lot at a time.

Past prices are a guide, not a bid price.

Last 36 months.

This buyerToo few to chart: 2 lots with estimate and award, 5 needed · all categories
The market247 lots with estimate and award · CPV 6651 · UK-wide
44% below estimate
Market · select a colour for counts
Below estimate44%
Market: 108 of 247 lots with an estimate and award.
Within ±2%33%
Market: 82 of 247 lots with an estimate and award.
Above estimate23%
Market: 57 of 247 lots with an estimate and award.
2

Assess each lot
i

What past awards tell you about each lot.

See the forecast, this buyer’s earlier suppliers and firms with relevant wins.

No supplier is confirmed as a bidder.

Open a lot for its forecast, this buyer’s previous supplier and possible competitors, from published award history, not a bid list

Lot #1CPV 665172 monthsSME suitablePublished estimate£30k
Expected competition
i

How many bids this lot may attract.

The forecast uses similar past competitions. The bar shows either that forecast or past bid counts; the line below says which.

Each lot shows its own forecast based on its own category; forecasts for different lots of the same notice are not comparative. The bar shows 17 past lots.

A forecast, not a list of bidders.

—No model forecast yet6% chance of a single bid
Past bids on 17 similar lots
1 bid6%
1 of 17 similar past lots received 1 bid (6%).
2–382%
14 of 17 similar past lots received 2–3 (82%).
4–612%
2 of 17 similar past lots received 4–6 (12%).
7+0%
0 of 17 similar past lots received 7+ (0%).
Comparable past lots usually drew 3 bids.
Commercial price forecast
i

Where the award price may land.

The forecast uses similar awards and the buyer’s estimate. The band covers the middle half of likely prices.

No comparable awards for this lot yet.

A statistical guide from past awards, not a price to bid.

—No model forecast yet
No comparable awards on record for this lot’s category yet. The published estimate is £30k, and the forecast stays empty until the market has a record to read.

Who has supplied this buyer on similar work?
i

Who has done similar work for this buyer.

Past contracts are matched by buyer, title and type of work.

A past supplier may not bid again.

No earlier contract of this buyer matches this lot on the published record.

Who could compete for this lot?
i

Who could compete for this lot?

Firms with relevant past wins. On a framework, we show firms on that agreement.

None is confirmed as a bidder.

Candidate suppliers for this notice have not been worked out yet, so this is not a verdict that nobody fits.

About this data
  • Source. Official UK public procurement notices (Find a Tender), reused under the Open Government Licence v3.0. New notices arrive through the day; the figures are rebuilt nightly.
  • Two views, kept apart. The authority’s own track record and the wider market for the same kind of work sit side by side and are never mixed. Where the local picture is too thin, a figure widens to a broader market and says which one it used.
  • Forecasts are labelled. The price forecast and its range, possible competitors and the earlier-work matches are our estimates from past awards: not published facts, not win chances and not price advice. Official notices do not say who is bidding.
  • Every figure shows what it rests on. Not every notice publishes a bid count, a value or a delivery region, so each figure carries the number of records behind it, and one built on few records is marked as such. The on a figure explains it; the counting rules are in the methodology. Spotted something wrong? Tell us.

Procedure terms & legal framework

From the official record
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Planned procurement
Procurement threshold
Below threshold
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
21 Oct 2026, 11:13 BST
Last source update
21 Oct 2026, 11:13 BST
Authority reference
1285/JK
FTS notice number
2026/S 000-099353
Latest notice
Preliminary market engagement notice (UK2)
Classification (CPV)
Insurance brokerage services
Delivery area
Wales (UKL)
Official registry OCID
ocds-h6vhtk-078c92 Find a Tender

How it was run

Official notice
Submission deadline
—

Timeline

21 Oct 2026 → 8 Feb 2027 · 4 dates
  1. Planning notice published4 days ago
    21 Oct 2026, 11:13 BST
  2. Today
    25 Oct 2026
  3. Market engagementin 16 days
    9 Nov 2026, 23:59 GMT

    As part of this early-stage activity, we are inviting interested suppliers to submit a short questionnaire designed to help us understand current market capability, delivery models, and potential approaches to service provision.

    The information gathered through this engagement will support the Welsh Parliament in shaping any subsequent procurement strategy. Participation is voluntary, and responses will be used for research and planning purposes only. Completion of the questionnaire does not form part of any formal procurement process, nor does it create any obligation or advantage in any future tender.

    Suppliers with relevant experience in delivering Insurance Broker Services are encouraged to take part.

    Your insights will help ensure that any future approach is well-informed, proportionate, and aligned with best practice.

    Responses must be submitted to Jan Koziel at [email protected] by 9th November 2026.

  4. Tender notice expectedin 34 days
    27 Nov 2026, 23:59 GMT
  5. Contract startsin 106 days
    8 Feb 2027

Notice history

1 event · 1 release on Find a Tender
  1. Preliminary market engagement notice published
    21 Oct 2026, 11:13 BST
    UK2

Commercial outcome & contract awards

Pipeline notice
Awards (0)
No award published
Contracts (0)
No contract published
Bid statistics
No aggregate bid statistics published

Contracting authority & participating public bodies

Senedd Cymru / Welsh Parliament

Contracting authorityPublic authority - sub-central governmentWelsh devolved regulations apply GB-PPON: PZHB-8494-NVZZ Senedd Cymru / Welsh Parliament, Cardiff, Wales, CF99 1SNContact name, email

Official documents & specifications (1)

Official links; attachments are not copied

Notices published for this procedure