Credit Political Risk - Broker Contract
Estimated value
£1.0m
Awarded value
—
Suppliers
0
Lots
1
Published
13 May 2025
This is a preliminary market engagement notice
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Description
Brokerage services required for reinsurance of portfolio and other related services.
Scope
- Reference
- UKEF1299
- Total value
- £1,000,000 excluding VAT£1,200,000 including VATAbove the relevant threshold
- Commercial tool
- Standalone contract
- Contract dates
- 01 Dec 2025 to 30 Nov 2027Possible extension to 30 Nov 2029
- Main category
- services
- CPV classifications
- 66510000
- Contract locations
- UK, United Kingdom
Award criteria
Criteria the buyer will use to evaluate bids.
| Name | Description | Type | Weighting |
|---|---|---|---|
| Technical | — | quality | 75.00% |
| Social Value | — | quality | 10.00% |
| Price | — | cost | 15.00% |
Participation
Conditions suppliers must meet to bid.
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.
Valid Cyber Essentials certificate or equivalent. Lloyds of London Accreditation. Financial Conduct Authority Regulation Registration/Authorisation.