AWARD OUTCOME
What happened
London Borough of Southwark has awarded and signed a one-year terrorism insurance contract for its buildings to Arthur J Gallagher. The insurance is placed with Brit Syndicate via Arthur J Gallagher.
Published outcomeAward 1 and Contract 1 are active. The contract was signed on 29 September 2026 and runs from 1 October 2026 to 30 September 2027.
Market significanceThis is a below-threshold, limited-competition insurance procurement with a published net contract value of £97,061.62 and gross value of £108,709.01.
AWARDED SUPPLIERS AND LOTS
1 supplier record analysed
Arthur J Gallagher
98% confidenceAward 1 · Lots 1 · £97,061.62 net; £108,709.01 gross GBP · Active award and active contract
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Award 1 names Arthur J Gallagher as its supplier and is linked to contract 1. Contract 1 records the stated values.
LIFECYCLE
Award or contract stage
Notice type
99% confidenceContract details notice on Find a Tender
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Process display status identifies a "Contract details notice on Find a Tender"; document 096261-2026 has the same description.
Procurement status
98% confidenceComplete
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Tender DN832711 has status "complete" and lot 1 has status "complete".
Award status
99% confidenceActive
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Award 1 status is "active".
Contract status
99% confidenceActive
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Contract 1 status is "active".
Contract signature
99% confidenceSigned 29 September 2026
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Contract 1 records dateSigned as 2026-09-29T00:00:00+01:00.
VALUES
Published values explained
Contract value, excluding tax
99% confidence£97,061.62
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Contract 1 value.amount is 97061.62 GBP.
Contract value, including tax
99% confidence£108,709.01
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Contract 1 value.amountGross is 108709.01 GBP.
Value attribution
98% confidenceContract-level value for Contract 1 / Award 1
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Contract 1 is linked to awardID 1; award 1 names one supplier, Arthur J Gallagher.
TIMELINE
Procurement timeline
Contract signed
99% confidence29 September 2026
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Contract 1 dateSigned is 2026-09-29.
Contract start
99% confidence1 October 2026
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Contract 1 period.startDate is 2026-10-01.
Contract end
99% confidence30 September 2027
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Contract 1 period.endDate is 2027-09-30.
Notice published
99% confidence12 October 2026
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Document 096261-2026 datePublished is 2026-10-12.
SCOPE
What was awarded
Requirement
98% confidenceTerrorism insurance for London Borough of Southwark buildings
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Tender title is "Terrorism Insurance for 2026 / 2027" and description states "Terrorism Insurance for LBS Buildings".
Insurance placement
98% confidencePlaced with Brit Syndicate via Arthur J Gallagher
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Tender description states that the insurance is "placed with Brit Syndicate via Arthur J Gallagher".
Procurement category
99% confidenceServices — insurance services
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Award 1 mainProcurementCategory is services; item 1 CPV 66510000 is "Insurance services".
Lot structure
99% confidenceOne published lot (Lot 1)
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Tender data contains lot 1 only; award 1 is related to lot 1.
Delivery geography
97% confidenceUKI44, United Kingdom
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Award item 1 delivery address is region UKI44, GB.
PROCEDURE
Procedure and competition
Procurement method
99% confidenceLimited
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Tender procurementMethod is "limited".
Method detail
99% confidenceBelow threshold - limited competition
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Tender procurementMethodDetails is "Below threshold - limited competition".
Threshold status
99% confidenceBelow threshold
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Contract 1 aboveThreshold is false.
Competition information
99% confidenceNumber of bids and evaluation information unknown
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Information not supplied in the published notice data.
CONTRACT TERMS
Published contract terms
Term
99% confidence1 year
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Contract runs from 1 October 2026 through 30 September 2027.
Start and end dates
99% confidence1 October 2026 to 30 September 2027
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Contract 1 period records these dates.
Extension or renewal terms
99% confidenceUnknown
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Information not supplied in the published notice data.
COMMERCIAL VIEW
Commercial observations
Commercial structure
98% confidenceA single active contract is linked to one award, one supplier and one published lot.
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Contract 1 links to award 1; award 1 names Arthur J Gallagher and relates to lot 1.
Pricing transparency
99% confidenceBoth net and gross contract values are published.
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Contract 1 publishes amount of £97,061.62 and amountGross of £108,709.01, both in GBP.
Route to market
99% confidenceBelow-threshold limited competition was used.
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Tender procurement method details state "Below threshold - limited competition".
DATA QUALITY
Gaps and source limitations
Supplier identity basis
99% confidenceSupplier name is published as Arthur J Gallagher; no verified legal company name was supplied.
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Supplier record has verified_company_name null and supplier_identity_status "not_applicable".
Lot detail
99% confidenceLot 1 has no published title, description or separate lot value.
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Lot 1 title, description and value fields are null.
Award date
99% confidenceNot published in the supplied award record.
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Award 1 award_date is null.
Competition and evaluation detail
99% confidenceInformation not supplied in the published notice.
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No bid count, evaluation scores or award rationale is present in the supplied data.
SOURCE DATA LIMITATIONS
Information not supplied in the published notice
- No verified legal company name or company number was supplied for Arthur J Gallagher; the analysis uses the published supplier name.
- The published lot has no title, description or individual lot value.
- No award date, bid count, evaluation scores, award rationale, pricing breakdown, extension terms or renewal terms were supplied.
- The notice states that cover was placed with Brit Syndicate via Arthur J Gallagher, but does not publish further detail on the respective contractual or underwriting roles.
MARKET THEMES
Relevant award themes
London Borough of SouthwarkArthur J Gallagherterrorism insuranceBrit Syndicateinsurance servicespublic procurement
COMMON QUESTIONS
About this award
Who won the Southwark terrorism insurance contract?
Arthur J Gallagher is the supplier named for award 1.
What is the contract value?
The published contract value is £97,061.62 excluding tax and £108,709.01 including tax.
When does the contract run?
It runs from 1 October 2026 to 30 September 2027.
Was the contract signed?
Yes. The contract record explicitly gives a signature date of 29 September 2026.
ProcuraAxis award analysis supplements, but does not replace, the official award notice, contract data or procurement documents. “Awarded” does not by itself prove that a contract has been signed.