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Captive Insurance Management Services

NETWORK RAIL INFRASTRUCTURE LIMITED

Buyer Contact Info

Buyer Name: NETWORK RAIL INFRASTRUCTURE LIMITED

Buyer Address: Waterloo General Office, London, UKI45, SE1 8SW, United Kingdom

Contact Email: amerjeet.kaur@networkrail.com

Status
active
Procedure
open
Value
1925000.0 GBP
Gross: 2310000 GBP
Published
02 Mar 2026, 15:58
Deadline
07 Apr 2026, 22:59
Contract Start
n/a
Contract End
n/a
Category
services
CPV
66000000 - Financial and insurance services
Region
n/a
Awarded To
n/a
Official Source
Open Find a Tender

Description

Network Rail (NR) has a requirement to re-tender the contract for the Captive Insurance Management Services, which covers the following areas: i. Finance and Accounting ii. Insurance Underwriting iii. Insurance Claims Handling (for Permanent Total Disablement) and Management of Claims Funds iv. Company Governance (including accounting) v. Administration vi. Financial Crime vii. Data Protection OFFICIAL viii. Company Secretarial

Linked Documents

No linked documents found for this notice.

Opportunity Context

More Information Links

External Link: https://www.find-tender.service.gov.uk/Notice/018600-2026

Link Description: Tender notice on Find a Tender

Lots

Lot 1 Status: active

Lot 1 Value: GBP 1,925,000

Lot 1 Value (Gross): GBP 2,310,000

Lot 1 Contract Start: 2026-10-01T00:00:00+01:00

Lot 1 Contract End: 2030-09-30T23:59:59+01:00

Lot 1 Award Criterion (quality): Technical (quality) (75%)

Lot 1 Award Criterion (price): Commercial (25%)

Documents

Document Description: Not published

Document Description: Tender notice on Find a Tender

Raw Notice JSON

Expand raw payload
{
  "buyer": {
    "id": "GB-PPON-PNZN-9524-VCQJ",
    "name": "NETWORK RAIL INFRASTRUCTURE LIMITED"
  },
  "date": "2026-03-02T15:58:06Z",
  "id": "018600-2026",
  "initiationType": "tender",
  "language": "en",
  "ocid": "ocds-h6vhtk-05e75f",
  "parties": [
    {
      "address": {
        "country": "GB",
        "countryName": "United Kingdom",
        "locality": "London",
        "postalCode": "SE1 8SW",
        "region": "UKI45",
        "streetAddress": "Waterloo General Office"
      },
      "contactPoint": {
        "email": "amerjeet.kaur@networkrail.com"
      },
      "details": {
        "classifications": [
          {
            "description": "Public authority - central government",
            "id": "publicAuthorityCentralGovernment",
            "scheme": "UK_CA_TYPE"
          }
        ],
        "url": "https://www.networkrail.co.uk/"
      },
      "id": "GB-PPON-PNZN-9524-VCQJ",
      "identifier": {
        "id": "PNZN-9524-VCQJ",
        "scheme": "GB-PPON"
      },
      "name": "NETWORK RAIL INFRASTRUCTURE LIMITED",
      "roles": [
        "buyer"
      ]
    }
  ],
  "tag": [
    "tender"
  ],
  "tender": {
    "aboveThreshold": true,
    "awardPeriod": {
      "endDate": "2026-08-31T23:59:59+01:00"
    },
    "coveredBy": [
      "GPA",
      "CPTPP"
    ],
    "description": "Network Rail (NR) has a requirement to re-tender the contract for the Captive Insurance Management Services, which covers the following areas:\ni. Finance and Accounting\nii. Insurance Underwriting\niii. Insurance Claims Handling (for Permanent Total Disablement) and Management of Claims Funds\niv. Company Governance (including accounting) \nv. Administration \nvi. Financial Crime\nvii. Data Protection \nOFFICIAL\nviii. Company Secretarial",
    "documents": [
      {
        "description": "Not published",
        "documentType": "conflictOfInterest",
        "id": "conflictOfInterest"
      },
      {
        "datePublished": "2026-03-02T15:58:06Z",
        "description": "Tender notice on Find a Tender",
        "documentType": "tenderNotice",
        "format": "text/html",
        "id": "018600-2026",
        "noticeType": "UK4",
        "url": "https://www.find-tender.service.gov.uk/Notice/018600-2026"
      }
    ],
    "enquiryPeriod": {
      "endDate": "2026-03-24T23:59:00+00:00"
    },
    "hasRecurrence": true,
    "id": "ocds-h6vhtk-05e75f",
    "items": [
      {
        "additionalClassifications": [
          {
            "description": "Financial and insurance services",
            "id": "66000000",
            "scheme": "CPV"
          }
        ],
        "deliveryAddresses": [
          {
            "country": "GG",
            "countryName": "Guernsey",
            "region": "GG"
          }
        ],
        "id": "1",
        "relatedLot": "1"
      }
    ],
    "legalBasis": {
      "id": "2023/54",
      "scheme": "UKPGA",
      "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
    },
    "lots": [
      {
        "awardCriteria": {
          "criteria": [
            {
              "name": "Technical (quality)",
              "numbers": [
                {
                  "number": 75,
                  "weight": "percentageExact"
                }
              ],
              "type": "quality"
            },
            {
              "name": "Commercial",
              "numbers": [
                {
                  "number": 25,
                  "weight": "percentageExact"
                }
              ],
              "type": "price"
            }
          ]
        },
        "contractPeriod": {
          "endDate": "2030-09-30T23:59:59+01:00",
          "maxExtentDate": "2031-09-30T23:59:59+01:00",
          "startDate": "2026-10-01T00:00:00+01:00"
        },
        "hasRenewal": true,
        "id": "1",
        "renewal": {
          "description": "12 Months"
        },
        "status": "active",
        "value": {
          "amount": 1925000,
          "amountGross": 2310000,
          "currency": "GBP"
        }
      }
    ],
    "mainProcurementCategory": "services",
    "procedure": {
      "features": "Combined PSQ and ITT with Negotiation."
    },
    "procurementMethod": "open",
    "procurementMethodDetails": "Competitive flexible procedure",
    "recurrence": {
      "dates": [
        {
          "startDate": "2030-09-30T23:59:59+01:00"
        }
      ]
    },
    "specialRegime": [
      "utilities"
    ],
    "status": "active",
    "submissionMethodDetails": "https://networkrail.bravosolution.co.uk\nProject Title: Customer Experience Programme Services \nProject_44875\nITT_19201",
    "submissionTerms": {
      "electronicSubmissionPolicy": "allowed",
      "languages": [
        "en"
      ]
    },
    "tenderPeriod": {
      "endDate": "2026-04-07T23:59:00+01:00"
    },
    "title": "Captive Insurance Management Services",
    "value": {
      "amount": 1925000,
      "amountGross": 2310000,
      "currency": "GBP"
    }
  }
}