PS21079 Trade Credit Reinsurance delivery partner

View buyer

Estimated value

£2.9m

Awarded value

£2.9m

Awarded 02 Sept 2021

Suppliers

1

Lots

1

1 awarded

Published

23 Sept 2021

Deadline 03 Aug 2021

Description

***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION ***** This procurement is being concluded following a mini competition under the RM6008 Management Consultancy Framework 2 (MCF2) Lot 4 Strategic Consultancy Services The Department for Business, Energy and Industrial Strategy (BEIS) is the department focused on building a stronger, greener future by fighting coronavirus, tackling climate change, unleashing innovation and making the UK a great place to work and do business. Delivery of the TCR scheme is overseen by the Central Grants and Loans (CGL) team within BEIS who will have oversight of the work of the delivery partner and who will be expected to report to the CGL team on an ongoing basis. We are seeking an external delivery partner with expert knowledge of the TCI market (as well as wider insurance markets), capable of handling and validating a high volume of financial claims, capable of handling commercially sensitive information, capable of delivering counter fraud services, familiarity with the required reporting and monitoring requirements, familiarity of working with government, and ability bring online and to deploy a multi-disciplinary team at pace (this would include expertise in policy, finance, actuarial, analysis, legal, and digital).

Scope

Reference
PS21079
Total value
£2,889,258 excluding VAT
Commercial tool
Standalone contract
Contract dates
02 Sept 2021 to 30 Aug 2022
CPV classifications
66517000 66700000

Submission & procedure

Submission deadline
03 Aug 2021, 10:00 am

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£2.9m

Award date

02 Sept 2021

Contract start

02 Sept 2021

Contract end

30 Aug 2022