UK Export Finance Political and Credit Risk Insurance Services Framework
Estimated value
£250.0m
Awarded value
—
Suppliers
0
Lots
2
Published
06 May 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.
| Name | Description | Type | Weighting |
|---|---|---|---|
| Qualification | N/A | quality | — |
| N/A | N/A | cost | — |
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.
| Lot | Title | Est. value | Status |
|---|---|---|---|
| 1 | UK Export Finance Political and Credit Risk Insurance Services (Brokerage) | — | active |
| 2 | UK Export Finance Political and Credit Risk Insurance Services Framework (Insurance) | — | active |