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Published 30 Jan 2026, 16:21 GMT

Official UK procurement notice

Commercial and Industrial Properties excluding Broker Services

Official notice

Authority: Wokingham Borough Council (Local council)

ServicesOpen procedureAbove threshold
Sectors: Financial and insurance services (66) Delivery: Delivery location not published
Published estimate£57,500,000≈ £19m / year · £57,500,000 inc. VAT
Submissions closed 20 Mar 2026
Contract term 3 yrsends 1 Jun 2029 · starts 2 Jun 2026

What is being bought

Published requirement description

Insurance cover for Wokingham Borough Council Commercial and industrial Properties

CPV: Financial and insurance services

The lotProcurement structure

single lot · value published
Lot #1 3 yrsPublished value£57,500,000
Contract period: 2 Jun 2026 – 1 Jun 2029 (3 yrs)Value: £57,500,000 exc. VAT · £57,500,000 inc. VAT
66000000 Financial and insurance services

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 30%Price: 70%
Published award criteria (2)
  • Price
  • Quality
What this means for your bid
  • Price carries 70 of 100 points: a 10% discount moves about 7 points. This one is won on the number: sharpen the price before polishing the prose.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record
Procedure method
Open procedure
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Closed
Procurement threshold
Above threshold (FTS publication)
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
30 Jan 2026, 16:21 GMT
Last source update
30 Jan 2026, 16:21 GMT
Award evaluation window
Submission end – 2 Jun 2026
Authority reference
DN805076
FTS notice number
2026/S 000-008635
Latest notice
Tender notice (UK4)
Classification (CPV)
Financial and insurance services
Delivery area
Not published
Official registry OCID
ocds-h6vhtk-061370 Find a Tender

How it was run

Official notice
Run through: ProContract (Due North) · Who buys & how to bid on ProContract
Supplier login requiredElectronic submission allowedLanguage: EN
Access & registration note: Free · short registration with manual review; public opportunity list
Submission deadline
20 Mar 2026, 16:00 GMT
Clarification deadline
20 Feb 2026, 12:00 GMT
Submission channel
Official e-sourcing portal
Electronic submission
Allowed
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

procontract.due-north.com ↗

Timeline

30 Jan 2026 → 2 Jun 2026 · 5 dates
  1. Tender notice published276 days ago
    30 Jan 2026, 16:21 GMT
  2. Clarification questions by255 days ago
    20 Feb 2026, 12:00 GMT
  3. Submission deadline227 days ago
    20 Mar 2026, 16:00 GMT
  4. Contract starts153 days ago
    2 Jun 2026, 00:00 BST
  5. Award decision expected by152 days ago
    2 Jun 2026, 23:59 BST

Notice history

1 event · 1 release on Find a Tender
  1. Tender notice published
    30 Jan 2026, 16:21 GMT
    UK4

Contracting authority & participating public bodies

Wokingham Borough Council

Contracting authorityPublic authority - sub-central government GB-PPON: PNTM-6852-HGRP Civic Offices, Shute End, Wokingham, South East, RG40 1BNContact name, email

Official documents & specifications (1)

Official links; attachments are not copied

Notices published for this procedure

  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender