AWARD OUTCOME
What happened
London Borough of Southwark has published contract details for terrorism insurance for its buildings for 2026/27. The contract is with Arthur J Gallagher and is recorded as signed on 29 September 2026, running from 1 October 2026 to 30 September 2027.
Published outcomeOne active award for lot 1 was made to Arthur J Gallagher. The published contract value is £97,061.62 excluding VAT and £108,709.01 including VAT.
Market significanceThis is a below-threshold, limited-competition insurance procurement for a one-year terrorism-insurance requirement.
AWARDED SUPPLIERS AND LOTS
1 supplier record analysed
Arthur J Gallagher
97% confidenceAward 1 · Lots 1 · £97,061.62 excluding VAT; £108,709.01 including VAT GBP · Active award; active contract
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Award 1 identifies Arthur J Gallagher as supplier and is linked to contract 1. The contract value applies to the contract associated with this sole award.
LIFECYCLE
Award or contract stage
Notice type
99% confidenceContract details notice on Find a Tender
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Published document is described as "Contract details notice on Find a Tender".
Award status
98% confidenceActive
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Award 1 has status "active".
Contract status
98% confidenceActive
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Contract 1 has status "active".
Contract signature date
99% confidence29 September 2026
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Contract 1 records dateSigned as 2026-09-29.
Contract period
99% confidence1 October 2026 to 30 September 2027
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Contract 1 period startDate is 2026-10-01 and endDate is 2027-09-30.
VALUES
Published values explained
Contract value excluding VAT
99% confidence£97,061.62
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Contract 1 value.amount is 97061.62 GBP.
Contract value including VAT
99% confidence£108,709.01
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Contract 1 value.amountGross is 108709.01 GBP.
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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The contract details notice was published at 2026-10-12T16:28:58+01:00.
SCOPE
What was awarded
Requirement
97% confidenceTerrorism insurance for London Borough of Southwark buildings
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Tender description states: "Terrorism Insurance for LBS Buildings".
Procurement category
99% confidenceServices — insurance services
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Award 1 is categorised as services and specifies CPV 66510000, Insurance services.
Lot structure
98% confidenceOne published lot (lot 1)
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Tender and award data identify lot 1; the award is related to lot 1.
Delivery geography
92% confidenceUKI44, United Kingdom
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Award item delivery address is UKI44, GB. The notice does not provide a more specific service-delivery address.
PROCEDURE
Procedure and competition
Procedure
99% confidenceBelow threshold — limited competition
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Tender procurementMethodDetails is "Below threshold - limited competition".
Above-threshold status
99% confidenceNo
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Contract 1 records aboveThreshold as false.
Competition information
99% confidenceNumber of invited suppliers and bids received unknown
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Information not supplied in the published notice data.
CONTRACT TERMS
Published contract terms
Term
98% confidence12 months
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The published period runs from 1 October 2026 to 30 September 2027.
Extension or renewal options
99% confidenceUnknown
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Information not supplied in the published notice data.
VAT treatment
99% confidenceBoth net and gross values published
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The contract records amount of £97,061.62 and amountGross of £108,709.01.
COMMERCIAL VIEW
Commercial observations
Placement route in notice description
97% confidenceThe notice says the insurance was placed with Brit Syndicate via Arthur J Gallagher.
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Tender description states: "placed with Brit Syndicate via Arthur J Gallagher".
Awarded contractual supplier
99% confidenceArthur J Gallagher is the supplier named on the active award and associated contract.
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Award 1 lists Arthur J Gallagher as supplier; contract 1 is linked to award 1.
Pricing detail
99% confidenceOnly total net and gross contract values are published.
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No premium, commission, coverage-limit, deductible or pricing-breakdown data is supplied.
DATA QUALITY
Gaps and source limitations
Supplier identity treatment
99% confidenceSupplier name is reported as published and has not been independently company-verified in the supplied data.
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Supplier identity status is "not_applicable"; no verified company name or number is supplied.
Lot detail
99% confidenceLot 1 has no published title, description or standalone value.
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Lot 1 is present but its 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.
Notice terminology
98% confidenceThe source document type is labelled contractNotice while its description identifies it as a Contract details notice.
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Document metadata shows documentType "contractNotice" and description "Contract details notice on Find a Tender".
SOURCE DATA LIMITATIONS
Information not supplied in the published notice
- Supplier identity is not independently company-verified in the supplied data; Arthur J Gallagher is reported as named in the notice.
- Information on bids received, invited suppliers, evaluation, award rationale and scoring is not supplied in the published notice data.
- Lot 1 has no published title, description or individual value.
- No extension, renewal-option, coverage-limit, deductible, premium or commission details are supplied.
- The notice description refers to Brit Syndicate, but no separate award, contract, or value allocation to Brit Syndicate is published.
MARKET THEMES
Relevant award themes
London Borough of SouthwarkArthur J Gallagherterrorism insuranceinsurance servicesFind a Tenderpublic procurement2026 2027
COMMON QUESTIONS
About this award
Who won the Southwark terrorism insurance contract?
Arthur J Gallagher is named as the supplier on active award 1 and the associated active contract.
What is the published value of the contract?
The published contract value is £97,061.62 excluding VAT and £108,709.01 including VAT.
When does the contract run?
The recorded contract period is 1 October 2026 to 30 September 2027.
What procurement procedure was used?
The notice records a below-threshold limited-competition procedure.
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.