Home ContractsPOLITICAL AND CREDIT RISK INSURANCE FRAMEWORK

POLITICAL AND CREDIT RISK INSURANCE FRAMEWORK

WAC ID:240866

Public SectorAward updateClosedSME-friendly

Source:	Contracts Finder
Notice Type:	Award update
Buyer:	Department for International Trade
Main Category:	Services
Procurement Method:	Open procedure (above threshold)
Tender Status:	Closed
Estimated Value (ex. VAT):	£250,000,000
Release Date:	7 March 2023
Application Deadline:	15 January 2023
Contract Start Date:	16 January 2023

Procurement timeline

All 5 notices for this procurement, oldest first.

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Contract award notice· 3 Mar 2023
POLITICAL AND CREDIT RISK INSURANCE FRAMEWORK
Award update· 7 Mar 2023
POLITICAL AND CREDIT RISK INSURANCE FRAMEWORK
Award update· 7 Mar 2023Viewing
POLITICAL AND CREDIT RISK INSURANCE FRAMEWORK
Award update· 7 Mar 2023
POLITICAL AND CREDIT RISK INSURANCE FRAMEWORK
Award update· 8 Mar 2023
POLITICAL AND CREDIT RISK INSURANCE FRAMEWORK

Earlier notices predate the Procurement Act 2023 (commenced 24 Feb 2025) and therefore don't carry UK1–UK17 codes.

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Award outcome

Awarded to (33 suppliers)

Argo Managing Agency LimitedGB-CFS-237541

AON UK LIMITEDGB-CFS-237822

AEGIS MANAGING AGENCY LIMITEDGB-CFS-237823

ASCOT UNDERWRITING LIMITEDGB-CFS-237824

AMERICAN INTERNATIONAL GROUP UK LTDGB-CFS-237825

APOLLO SYNDICATE MANAGEMENT LIMITEDGB-CFS-237826

ARK SYNDICATE MANAGEMENT LTDGB-CFS-237827

ASPEN MANAGING AGENCY LIMITEDGB-CFS-237828

AXA XL INSURANCE COMPANY UK LIMITED

Contracting Authority

Organisation

Department for International Trade

Submission Details

Description

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

Links & Documents

Original notice

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Application Deadline

15 January 2023

Closed

Estimated Value

£250,000,000

WAC Reference

WAC-240866

Updated daily

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Award value:	£250,000,000
Award decision date:	3 February 2023
Award status:	Active