Prior information notice
This notice is for prior information only
Section I: Contracting
authority
I.1) Name and addresses
UK Export Finance
London
UK
E-mail: corporateservices@trade.gov.uk
NUTS: UK
Internet address(es)
Main address: https://www.gov.uk/government/organisations/uk-export-finance
I.3) Communication
Additional information can be obtained from the abovementioned address
I.4) Type of the contracting authority
Ministry or any other national or federal authority, including their regional or local subdivisions
I.5) Main activity
General public services
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
UK Export Finance Political and Credit Risk Insurance Services
II.1.2) Main CPV code
66000000
II.1.3) Type of contract
Services
II.1.4) Short description
UK Export Finance (“the customer”) has a potential requirement for the provision of Political and Credit Risk Insurance Services.
Insurance Brokerage Services
• Arranging the placing of new Contracts of Insurance (as described below)
• Managing communications and endorsements relating to new and existing Contracts of Insurance
Political and Credit Risk Insurers
The typical profile of the insurance policies is (but not limited to):
• Political and Credit Risk, generally involving counterparties outside the UK
• Facultative Insurance Policies (although other forms of insurance policy may be considered, eg Treaty Insurance)
• Sums insured typically between £10m and £500m
• Call offs to be made through direct award or further competitions c.5 times per annum
• Insurance tenors between 5 and 15 years
• Transactions and Premiums denominated in US Dollars or Euros
At this stage of the procurement UKEF are conducting pre-market engagement and would like to hear from organisations interested in either or both opportunities.
To register your interest, please email corporateservices@trade.gov.uk by COP Wednesday 4th August 2021.
II.1.6) Information about lots
This contract is divided into lots:
Yes
Maximum number of lots that may be awarded to one tenderer: 1
II.2) Description
Lot No: 1
II.2.1) Title
Insurance Brokerage Services
II.2.2) Additional CPV code(s)
66000000
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
As per the Short Description.
Lot No: 2
II.2.1) Title
Political and Credit Risk Insurers
II.2.2) Additional CPV code(s)
66000000
II.2.3) Place of performance
NUTS code:
UK
II.2.4) Description of the procurement
as per the short description
II.3) Estimated date of publication of contract notice:
25/10/2021
Section IV: Procedure
IV.1) Description
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
No
Section VI: Complementary information
VI.5) Date of dispatch of this notice
21/07/2021