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PROCUREMENT OPPORTUNITY

Captive Insurance Management Services

NETWORK RAIL INFRASTRUCTURE LIMITED · Tender notice on Find a Tender

Tender information last checkedLast checked 4 Oct 2026, 17:01.

Opportunity overview

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

Classification

  • CPV66000000 — Financial and insurance services

Lots

  • Lot 1£1.9m

Documents and notices

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
ocds-h6vhtk-05e75f
Status
active
Procurement Method
open
Procurement Method Details
Competitive flexible procedure
Main Procurement Category
services
Above Threshold
Yes
How to submit
https://networkrail.bravosolution.co.uk Project Title: Customer Experience Programme Services Project_44875 ITT_19201
Has Recurrence
Yes

Legal basis

Id
2023/54
Scheme
UKPGA

Procedure

Features
Combined PSQ and ITT with Negotiation.

Special regime

utilities

Covered By

GPA
CPTPP

Submission terms

Electronic Submission Policy
allowed

Languages

en

Tender Period

Ends
7 Apr 2026, 23:59

Enquiry period

Ends
24 Mar 2026, 23:59

Expected award period

Ends
31 Aug 2026, 23:59

Recurrence

Dates

Entry 1
Starts
30 Sept 2030, 23:59

Lots and requirements

Entry 1
Id
1
Status
active
Has Renewal
Yes

Value

Including VAT
2,310,000
Amount
1,925,000
Currency
GBP

Award criteria

Criteria

Criterion 1
Type
quality
Name
Technical (quality)

Numbers

Entry 1
Number
75
Weight
percentageExact
Criterion 2
Type
price
Name
Commercial

Numbers

Entry 1
Number
25
Weight
percentageExact

Contract period

Starts
1 Oct 2026, 00:00
Ends
30 Sept 2030, 23:59
Max Extent Date
30 Sept 2031, 23:59

Renewal

Description
12 Months

Items and delivery

Item 1
Id
1
Related Lot
1

Additional Classifications

Entry 1
Scheme
CPV
Id
66000000
Description
Financial and insurance services

Delivery locations

Entry 1
Region
GG
Country
GG
Country Name
Guernsey

Published documents

Entry 1
Id
conflictOfInterest
Document Type
conflictOfInterest
Description
Not published
Entry 2
Id
018600-2026
Document Type
tenderNotice
Notice Type
UK4
Description
Tender notice on Find a Tender
Published
2 Mar 2026, 15:58
Format
text/html

Buyer, suppliers and contacts

Organisation 1
Name
NETWORK RAIL INFRASTRUCTURE LIMITED
Id
GB-PPON-PNZN-9524-VCQJ

Identifier

Scheme
GB-PPON
Id
PNZN-9524-VCQJ

Address

Street Address
Waterloo General Office
Locality
London
Postal Code
SE1 8SW
Country
GB
Country Name
United Kingdom
Region
UKI45

Contact

Roles

buyer

Details

Classifications

Entry 1
Scheme
UK_CA_TYPE
Id
publicAuthorityCentralGovernment
Description
Public authority - central government

Recorded locations

  • Buyer location · London · UKI45 · SE1 8SW · United Kingdom
  • Delivery location · GG · Guernsey

Notice and amendment history

1 published notice version reviewed by ProcuraAxis.

1 VERSION
  1. 018600-2026Tender notice on Find a Tender ·