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Contract Award Notice

250000000.00

  • First published: 17 June 2023
  • Last modified: 17 June 2023

The buyer is not using this website to administer the notice.

To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
ocds-h6vhtk-0334c2
Published by:
UK Export Finance
Authority ID:
AA66309
Publication date:
17 June 2023
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

Political & Credit Risk Insurance Framework (Lot 1: Brokerage, Lot 2: Insurance) agreement.

Full notice text

Contract award notice

Results of the procurement procedure

Section I: Contracting entity

I.1) Name and addresses

UK Export Finance

1 Horse Guards Road

London

SW1A 2HQ

UK

E-mail: commercialmarevents@trade.gov.uk

NUTS: UK

Internet address(es)

Main address: https://www.ukexportfinance.gov.uk/

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

Economic and financial affairs

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

250000000.00

II.1.2) Main CPV code

66000000

 

II.1.3) Type of contract

Services

II.1.4) Short description

UK Export Finance has formed a Political & Credit Risk Insurance Framework (Lot 1: Brokerage, Lot 2: Insurance) agreement.

The initial contract period is for 2 years with an option to extend twice for 12 months each time.

II.1.6) Information about lots

This contract is divided into lots: Yes

II.1.7) Total value of the procurement

Value excluding VAT: 250 000 000.00  GBP

II.2) Description

Lot No: Lot 1: Brokerage, Lot 2: Insurance

II.2.1) Title

250000000

II.2.2) Additional CPV code(s)

66000000

II.2.3) Place of performance

NUTS code:

UK

II.2.4) Description of the procurement

Political & Credit Risk Insurance Framework (Lot 1: Brokerage, Lot 2: Insurance) agreement.

II.2.5) Award criteria

Price

II.2.11) Information about options

Options: No

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Section IV: Procedure

IV.1) Description

IV.1.1) Type of procedure

Open procedure

IV.1.3) Information about a framework agreement or a dynamic purchasing system

The procurement involves the establishment of a framework agreement

IV.1.8) Information about Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: No

IV.2) Administrative information

IV.2.1) Previous publication concerning this procedure

Notice number in the OJ S:

2022/S 000-011813

Section V: Award of contract

Lot No: Lot 1; Lot 2

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

AEGIS MANAGING AGENCY LIMITED

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: Lot 1; Lot 2

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

AMERICAN INTERNATIONAL GROUP UK LIMITED

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Aon UK Limited

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

APOLLO SYNDICATE MANAGEMENT LIMITED

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

ARGO MANAGING AGENCY LIMITED

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

ARK SYNDICATE MANAGEMENT LIMITED

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

ASCOT UNDERWRITING LIMITED

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

ASPEN MANAGING AGENCY LIMITED

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

AXA XL INSURANCE COMPANY UK LIMITED

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

BEAZLEY FURLONGE LIMITED

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Berry Palmer & Lyle Limited

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

CANOPIUS MANAGING AGENTS LIMITED

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

CHAUCER SYNDICATES LIMITED

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

CHUBB EUROPEAN GROUP SE

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

CINCINNATI GLOBAL UNDERWRITING AGENCY LIMITED

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Compagnie Francaise d'Assurance pour le Commerce Extérieur,

Watford

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

ENDURANCE WORLDWIDE INSURANCE LIMITED

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

EULER HERMES UK the UK branch of EULER HERMES SA (NV)

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

FIDELIS UNDERWRITING LIMITED

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

HAMILTON MANAGING AGENCY LIMITED

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

HDI GLOBAL SPECIALTY SE – UK

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

IQUW SYNDICATE MANAGEMENT LIMITED

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

LANCASHIRE INSURANCE COMPANY (UK) LIMITED

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

LIBERTY MANAGING AGENCY LIMITED

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

LIBERTY MUTUAL INSURANCE EUROPE SE

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

MARKEL SYNDICATE MANAGEMENT LIMITED

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

MS AMLIN UNDERWRITING LIMITED

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

MUNICH RE SYNDICATE LIMITED

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

NAVIGATORS UNDERWRITING AGENCY LIMITED UK Export Finance

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

QBE UK LIMITED

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

STARR MANAGING AGENTS LIMITED

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Talbot Underwriting Ltd

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Contract No: CR1211

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/01/2023

V.2.2) Information about tenders

Number of tenders received: 33

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

SWISS RE INTERNATIONAL SE

London

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 250 000 000.00  GBP

V.2.5) Information about subcontracting

Section VI: Complementary information

VI.4) Procedures for review

VI.4.1) Review body

UK Export Finance

London

UK

VI.5) Date of dispatch of this notice

16/06/2023

Coding

Commodity categories

ID Title Parent category
66000000 Financial and insurance services Finance and Related Services

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
commercialmarevents@trade.gov.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

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