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In deliveryUnited KingdomServices£2,000,000Add to pipeline

Credit Political Risk - Broker Contract

Awarded to AON UK LIMITED, Marsh Limited

UK Export Finance(buyer)

Published
Published 13 May 2025
Deadline
Closed 6 May 2026

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Overview

UK Export Finance has awarded a credit political risk brokerage services contract to AON UK LIMITED and Marsh Limited for £2,000,000. The contract, which closed for submissions on 6 May 2026, was awarded on 30 July 2026 and is now in delivery.

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Key details

Country
United Kingdom
Status
In delivery
Category
Services
Estimated value
£2,000,000
Procedure
Open procedure
Rules
Procurement Act 2023
Published
13 May 2025
Questions by
23 April 2026
Deadline
Closed
Classification (CPV)
Insurance services

Award outcome

Awarded value
£2,000,000
Award date
30 July 2026
Contract period
28 July 2026 → 28 July 2031
Contract length
5 years
Could run to
16 August 2031
Bids received
4
Winners
  • AON UK LIMITED
  • Marsh Limited

This contract ends on 28 July 2031, or 16 August 2031 if every extension is used.

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Competition and scoring

Bids received

4

0 from SMEs

Open and restricted tenders in Financial and insurance services drew a median of 3 bids over the last 24 months; 21% received only one.

How bids were scored

Price 15% · Quality 85%

  • Technical75%
  • Social Value10%
  • Price15%

Price and cost criteria in black, quality in blue.

Market context

Typical award in Financial and insurance services

£120,000

Median of 2,338 awards in the last 24 months

This award is 16.7× the median.

UK Export Finance in the last 12 months

33

contracts awarded, worth £78,908,099 in total

See their procurement profile →

Recent awards in Financial and insurance services

The latest contracts other buyers awarded under the same classification.

Notice history

Every published notice in this contracting process, newest first.

  1. Contract

    4 August 2026

  2. Contract Notice

    10 April 2026

  3. Planning Update

    19 February 2026

  4. Prior Information Notice

    13 May 2025

  5. Planning Update

    13 May 2025

  6. Prior Information Notice

    13 May 2025

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