Find a TenderPlanned procurementPreliminary market engagement notice
Published 25 Mar 2026, 16:29 GMT

Official UK procurement notice

Treaty Reinsurance Framework · UK public procurement notice

Authority: UK Export Finance (Central government)

Framework agreementServicesOpen procedureAbove threshold
Planned pipeline valueValue not publishedpipeline notice, not a live tender
Tender notice expected 13 Jul 2026from the planned procurement notice
Framework period 5 yrsends 20 Feb 2032 · starts 22 Feb 2027

What is being bought

Published requirement description

Treaty Reinsurance Framework intended to employ the services of a broker for the purpose of placing treaties of reinsurance relating to Export Credit Agency activities. We intend to award this framework to a single reinsurance broker who will then place treaties of reinsurance on behalf of UK Export Finance. Please note, this is a separate requirement to that of UKEF's Credit Political Risk - Broker Contract requirement, which is facultative reinsurance focused.

Whilst the total value has not been determined yet and no guarantees of spend will be entered in to, UKEF anticipate total spend in excess of £5million over 5 years.

All details relating to spend, competition documentation and contract start/end dates are subject to change and details of exact eligibility criteria will be defined within competition documentation.

CPV: Insurance services

The lotProcurement structure

single lot · no lot value published
Lot #1Planned 5 yrs
Contract period: 22 Feb 2027 – 20 Feb 2032 (5 yrs)
Delivery: UK

Who is likely to bid for this lot ↓

What it takes to win
i

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 more
What this means for your bid
  • “Treaty Reinsurance Framework” is a framework: the contest is a place on its panel, not a single contract.

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

How UK Export Finance buys Insurance services (CPV 6651), and who usually turns up

UK Export Finance has little published record in this market. Compared with other frameworks and DPS only. 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 buyerUK Export Finance · all categories
The marketInsurance services (CPV 6651) · UK-wide
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: 0 of 1 known-size awards · market: CPV 6651 · UK-wide, n=22
0 of 15%

No small-firm winners recorded among this authority’s published awards in this sample.

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.

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

Last 36 months.

Buyer: no winner locations published · market: CPV 6651 · UK-wide, n=18
—33%

No winner locations published for this authority. Local means a registered address in 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: division 66 · UK-wide, n=20
—97 days

Half of these awards have an award date within 97 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 1 procurements with awards had no recorded rival · market: CPV 6651 · UK-wide, n=17
1 of 129%

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: 1 lot with bid counts, 5 needed · all categories
The market23 lots with bid counts · CPV 6651 · UK-wide
35% had one bid
Market · select a colour for counts
1 bid35%
Market: 8 of 23 lots with published bid counts.
2–335%
Market: 8 of 23 lots with published bid counts.
4–630%
Market: 7 of 23 lots with published bid counts.
7+0%
Market: 0 of 23 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.

On a framework or DPS, prices are agreed when work is called off.

Past prices are a guide, not a bid price.

Last 36 months.

Not comparable on a framework or DPS: the price is set later, on each call-off.

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 665160 monthsEstimate not published
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 23 past lots.

A forecast, not a list of bidders.

—No model forecast yet35% chance of a single bid
Past bids on 23 similar lots
1 bid35%
8 of 23 similar past lots received 1 bid (35%).
2–335%
8 of 23 similar past lots received 2–3 (35%).
4–630%
7 of 23 similar past lots received 4–6 (30%).
7+0%
0 of 23 similar past lots received 7+ (0%).
Comparable past lots usually drew 2 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.

—Priced at call-off
On a framework or DPS the price is agreed on each call-off, so there is no award price to forecast here: the published figure is a ceiling.

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
Procedure method
Open procedure
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Planned procurement
Procurement threshold
Above threshold (FTS publication)
Regulatory regime
Standard
Commercial structure
Framework agreement
Who may use this agreement
Not stated in the notice; call-off rights may be limited to the establishing authority
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
25 Mar 2026, 16:29 GMT
Last source update
26 Mar 2026, 17:15 GMT
Authority reference
UKEF1538
FTS notice number
2026/S 000-028187
Latest notice
Preliminary market engagement notice (UK2)
Classification (CPV)
Insurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-067436 Find a Tender

How it was run

Official notice
Appointment period ends
—

Timeline

25 Mar 2026 → 22 Feb 2027 · 5 dates
  1. Planning notice published213 days ago
    25 Mar 2026, 16:29 GMT
  2. Latest notice published212 days ago
    26 Mar 2026, 17:15 GMT
  3. Market engagement117 days ago
    29 Jun 2026, 23:59 BST

    We plan to have a virtual market engagement event via Microsoft Teams Monday 20th April. Timings to be confirmed.

    Following this event, a Request For Information (RFI) will be issued to all potential suppliers in attendance. For an invitation to the market engagement event and subsequent RFI engagement, please contact [email protected] no later than COP Friday 17th April. N.B please do not reach out to any UKEF individuals for an invitation to this event.

    Due to the confidential nature of the information required to form treaties of reinsurance, only organisations capable of providing this service will be permitted to attend. We define capability as suppliers who are FCA registered brokers specialising in treaty 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.

    The Authority may have further conversations or discussions with the market following the RFI, dependent on responses.

  4. Tender notice expected103 days ago
    13 Jul 2026, 23:59 BST
  5. Today
    24 Oct 2026
  6. Contract startsin 120 days
    22 Feb 2027

Notice history

2 events · 2 releases on Find a Tender · since 25 Mar 2026
  1. Pipeline notice published
    25 Mar 2026, 16:29 GMT
    UK1
  2. Preliminary market engagement notice published
    26 Mar 2026, 17:15 GMT
    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

UK Export Finance

Contracting authorityPublic authority - central government GB-PPON: PWRW-3185-DZTP 1 Horse Guards Rd,, London, London, SW1A 2HQContact email

Official documents & specifications (2)

Official links; attachments are not copied

Notices published for this procedure