Published date: 13 December 2021
Last edited date: 13 December 2021
Closed future opportunity - This means that a potential contract has passed its approach to market date. A buyer can choose to consider any supplier interest or convert this notice into an opportunity ready for live procurement.
Contract summary
Industry
Financial and insurance services - 66000000
Location of contract
Any region
Value of contract
£50,000,000 to £250,000,000
Procurement reference
tender_278993/1022606
Published date
13 December 2021
Approach to market date
31 January 2022
Contract start date
1 June 2022
Contract end date
31 May 2026
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
Political Risk Insurance Framework (Brokerage Services and UK Export Finance ("the Authority") has a potential requirement for framework agreements for political and credit risk insurance & brokerage services .
The proposed procurement will entail services for the proposed framework agreement for both the Brokerage services and insurance panel in relation to political and credit risk.
Lot structure:
* Lot 1 Insurance brokerage services
*Lot 2 Insurance panel
The purpose of this Prior Information Notice (PIN) is a development to publication of the Prior Information Notice (PIN) in July 2021 (Reference: https://www.find-tender.service.gov.uk/Notice/017283-2021 ), In July 2021, the Department for International Trade on behalf of UK Export Finance sought feedback from the supplier market on some preliminary elements of scope via qualitative questionnaire.
The market engagement was effective, a broad selection of interested Potential Service providers participated through qualitative questionnaire and raised clarification questions. This approach allowed the Authority to gain some insights and test the market's capacity and capability to deliver the requirement as currently described.
The approach set out our initial thinking and has subsequently evolved in light of feedback received from the market, internally and lessons learned. We have been working to further refine and develop our proposition.
A prospectus describing the requirement will be made available from via the jaggaer e-tendering portal to potential service providers service providers who register an interest against this PIN
All communications to / from shall be via the e-tendering portal: https://uktrade.app.jaggaer.com/web/login.html (Go to > view opportunities > Current Opportunities)
More information
Additional text
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If you wish to register an interest, please send an email via the Authority e-tendering Portal, clearly stating 'expression of interest' in the subject line including the following information:
- Name of Contact;
- Name of Organisation;
- Outline description of the organisation;
- Contact's email address; and
- Contact's telephone number.
The Authority will be using the Portal to manage expressions of interest and all communications will be made through the Portal:
https://uktrade.app.jaggaer.com/web/login.html
This PIN is released for market sounding purposes only. This PIN does not formally signify the beginning of any procurement exercise by the authority, nor does it constitute a commitment by the authority to undertake a procurement. However, in the event that the authority decides to formally commence a procurement pursuant to this PIN, a separate contract notice will be published. If a separate contract notice is published the authority may rely on the publication of this notice to utilise the minimum time-frames permissible for the receipt of tenders and stages of a procurement.
About the buyer
Address
Old Admiralty Building, Westminster
London
SW1A 2BL
England
Telephone
07901 244628
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Approach to market date: 31 January 2022
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