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Awarded United Kingdom Services

Procurement of Insurance Policy (12 months)

Buyer: Cartrefi Conwy Cyfyngedig

Published
19 January 2026
Estimated value
£995,000
Place of performance
UK
Procedure
Direct award
Lots
1
Notice number
004482-2026
Reference
ocds-h6vhtk-06091b
Official source
Official source

CPV codes

Description

Cartrefi Conwy requires comprehensive insurance coverage to protect its assets, operations, and liabilities. The current insurance policy is due to expire in December 2025. A competitive procurement procedure was planned in accordance with the Procurement Act 2023; however, during market engagement in July 2025, potential bidders confirmed that the contracting authority does not hold sufficient data to inform bidders of its insurance needs and enable competitive bids. Specialist consultants were engaged to collate the necessary data, but due to the complexity and volume of information required, this exercise cannot be completed before the expiry of the current policy. Without adequate insurance, Cartrefi Conwy would face significant operational and financial risk. Given these circumstances, there is an absence of competition for technical reasons: only the incumbent provider, who holds the relevant historical data and understands Cartrefi Conwy’s insurance requirements, can supply the services needed. There is no reasonable alternative to the insurance cover required. The proposed direct award will provide a 12-month bridging contract, ensuring continuity of cover while enabling co…

Awards

Awarded toAmountDate
PROTECTOR INSURANCE £995,000 —

Official publications

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Frequently asked questions

What is the estimated value of this tender?
The estimated value published by the buyer is £995,000.
Who is the buyer of this tender?
The contracting authority is Cartrefi Conwy Cyfyngedig (United Kingdom).
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Data collected from official public procurement sources. Amounts as published by the buyer.