UK Export Finance Political and Credit Risk Insurance Services Framework

Department for International Trade, UK Export FinancecontractFind a TenderRef ocds-h6vhtk-0334c232014L0024closed for bids
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Estimated value

£250.0m

services

Awarded value

Suppliers

0

Lots

2

0 awarded

Published

06 May 2022

Deadline 06 Jun 2022

Description

UK Export Finance (the “Authority”) has a requirement for the provision of brokerage services and contracts of insurance or re-insurance principally for political and credit risk. The purpose of this Contract Notice is to invite potential suppliers to either: a) tender for a Framework Agreement for insurance brokerage services in competition in accordance with the conditions set out in the Invitation to Tender on the eTendering Portal: https://uktrade.app.jaggaer.com/; or b) tender for a place on a panel of Insurers (including Reinsurers) in accordance with the conditions set out in the Invitation to Tender on the eTendering Portal: https://uktrade.app.jaggaer.com/ The services delivery model consists of two lots: * Lot 1 Insurance brokerage services The Authority intends to appoint a Primary Broker and Reserve Broker *Lot 2 Insurance panel Appointment to the panel is restricted to those bidders which meet the stated Selection Criteria and other conditions set out in the ITT. Affiliates of the Primary Broker will not be accepted *Note that £250m is the maximum anticipated spend. The actual spend is expected to be between £50m and £250m depending on requirements.

Scope

Reference
ocds-h6vhtk-0334c2
Total value
£250,000,000 excluding VAT
Commercial tool
Standalone contract
Contract dates

2 Year initial term with two one year extensions.

Main category
services
CPV classifications
66000000
Contract locations
UK

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
QualificationN/Aquality
N/AN/Acost

Submission & procedure

Submission deadline
06 Jun 2022, 11:00 am
Submission address
https://uktrade.app.jaggaer.com/
Procedure
Open procedure

Lots · 2 total

Divisions of the contract. Each lot can be awarded separately.

View all →
LotTitleEst. valueStatus
1UK Export Finance Political and Credit Risk Insurance Services (Brokerage)active
2UK Export Finance Political and Credit Risk Insurance Services Framework (Insurance)active