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Official procurement procedure

Insurance Broker Services

No classification published
Location not published
Official notice
Published value
£45,535,714
Submission deadline 15 May 2026, 17:00 BST
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: HS1 LIMITED (trading as London St. Pancras Highspeed): "Insurance Broker Services". Published status: complete. Published value: £45,535,714. 1 published lot. Recorded submission deadline: 15 May 2026, 17:00 BST. See the official notice for participation instructions.
Contracting AuthorityHS1 LIMITED (trading as London St. Pancras Highspeed)Scope & CategoriesNot publishedSubmission Window
Closed
15 May 2026, 17:00 BST
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£45,535,714
Bidder Intelligence · Authority Profile: HS1 LIMITED (trading as London St. Pancras Highspeed)
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for HS1 LIMITED (trading as London St. Pancras Highspeed). These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
Not availableNo published reports
Bid counts are not published for this buyer
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 0 active published awards; 0 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Price reduction compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityHS1 LIMITED (trading as London St. Pancras Highspeed)
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published16 Jun 2026, 12:19 BST
Last source update16 Jun 2026, 12:19 BST
Recurring procurementNot published
ClassificationNot published
Delivery areaLocation not published
OCIDocds-h6vhtk-06708b
What is being bought
Under its Concession Agreement with the DfT, London St. Pancras Highspeed (LSPH) is required to source a range of insurance policies. These policies must provide levels of cover which are specified in Schedule 5 (pages 150 - 157) of the Concession Agreement, which is available on LSPH's website at https://stpancras-highspeed.com/our-company/regulatory/regulatory-docs/ . LSPH is seeking to appoint an Insurance Broker to deliver its obligations at optimal cost, whilst minimising risk to LSPH. LSPH will be replacing its current Insurance Broker Services contract in July 2026. The contract will be for 5 years with an option to extend up to 3 more years, to deliver the services, to be defined in more detail in the ITT stage of this procurement - for those suppliers that are successful in the initial PSQ stage. The successful tenderer will ensure that all the required policies are placed for the initial annual insurance renewal date, which is 14th November 2026, and subsequent years thereafter.
What changed
From the official release history
  1. tender value changed
    16 Jun 2026, 12:19 BST
  2. Status changed to complete
    16 Jun 2026, 12:19 BST
  3. Official notice release published
    16 Jun 2026, 12:19 BST
  4. Submission deadline changed to published date
    16 Jun 2026, 12:19 BST
  5. Buyer information updated
    16 Jun 2026, 12:19 BST
  6. Published value updated to £45,535,714
    9 Apr 2026, 14:15 BST
  7. Official notice release published
    9 Apr 2026, 14:15 BST
  8. Published value updated to £53,571,428
    20 Mar 2026, 15:00 GMT
  9. Status changed to active
    20 Mar 2026, 15:00 GMT
  10. Official notice release published
    20 Mar 2026, 15:00 GMT
  11. Submission deadline changed to 15 May 2026, 17:00 BST
    20 Mar 2026, 15:00 GMT
  12. Buyer information updated
    20 Mar 2026, 15:00 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #LOT-0000
    Individual lot title not published
    complete
    Published valueNot published
    The source published no individual title or description for this lot.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    16 Jun 2026, 12:19 BST
  2. Submission deadline
    15 May 2026, 17:00 BST
  3. Award pending
    11 Jun 2026, 00:00 BST · £35,600,000
Commercial outcome and competition
Awards
Marsh Limited
£35,600,000 · 11 Jun 2026, 00:00 BST · pending
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

HS1 LIMITED (trading as London St. Pancras Highspeed)

Contracting authority GB-COH-03539665
View buyer profile

  • HS1 LIMITED (trading as London St. Pancras Highspeed)
    buyer

    GB-COH: 03539665 · GB-PPON: PHRY-2121-WLBT
    5th Floor, Kings Place, London, UKI43, N1 9AG, GB
    procurement@stpancras-highspeed.com

  • Marsh Limited
    supplier

    GB-COH: 01507274 · GB-PPON: PGGV-7645-JTDL
    1 Tower Place West, London, UKI31, EC3R 5BU, GB
    pspandtre@marsh.com
Award and contract changes
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published