Find a TenderAwarded without competitionTransparency notice
Published 9 Mar 2026, 15:40 GMT

Official UK procurement notice

Ebury Bridge Regeneration Phase 2 Contractor's All Risk Insurance

Official notice

Authority: Westminster City Council (Local council)

Direct award
Sectors: Financial and insurance services (66) Delivery: Delivery location not published
Awarded value£1,495,217published award · inc. VAT
Award in standstill Not publishedno call for competition
Award (standstill) to Chubb European Group SE

What is being bought

Published requirement description

Westminster City Council has entered into a specialist insurance policy to support the delivery of the Ebury Bridge Estate Phase 2 regeneration project. The policy provides protection for construction works, third‑party liabilities, terrorism risks, and potential financial losses during the build programme.

The Council appointed its main works contractor through competitive means, and prior to the start on site date for enabling works, must have appropriate insurance in place.

The Council has utilised the expertise of its insurance broker, Marsh, Limited, to engage the insurance market for this specialist insurance. The value of the insurance policy exceeds the services threshold defined under the Procurement Act 2023.

The Council has placed this policy without following the full competitive procedures required under the Procurement Act 2023 because:

  • The Project requires highly specialist and bespoke insurance, including cover for activities taking place close to critical Network Rail infrastructure, which only a small number of insurers in the UK market are capable of providing.
  • Such insurers typically only accept placements via specialist brokers, limiting the COuncil's ability to approach insurers directly
  • The Council’s main contractor took possession of the site on 2 February 2026, with essential works scheduled to begin on 23 February 2026. Without insurance, these works could not legally or safely proceed
  • Delay in securing insurance could have exposed the Council to significant uninsured risks and potential claims for delay, with considerable costs per week of delay.

The lotProcurement structure

single lot · no lot value published

Procedure terms & legal framework

From the official record
Procedure method
Direct award
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Notice status
Awarded without competition
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Direct award (no call for competition)
GPA / WTO covered
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
9 Mar 2026, 15:40 GMT
Last source update
9 Mar 2026, 15:40 GMT
Authority reference
PRJ_30663
FTS notice number
2026/S 000-021005
Latest notice
Transparency notice (UK5)
Delivery area
Not published
Official registry OCID
ocds-h6vhtk-066596 Find a Tender
Why no open competition
Urgency
Published justification

Given of the specialist nature of the market, the limited number of capable insurers, and the urgent need for cover, the Council relied on direct award justification grounds available under Schedule 5 of the Procurement Act 2023, specifically relating to urgency and the lack of suitable market competition.

The Council's insurance broker, Marsh Limited, underwent a quotes exercise with identified insurance providers in the market offering Contractors' All Risk Insurance and recommended Chubb Group SE considering the cost and insurance policy terms. The Council has undertaken reasonable steps to ensure value for money in this specialist field.

This need is immediate arising from events the Council could not foresee. There is insufficient time for a compliant competitive procedure, and it is unlikely any such activity would result in a more favourable result.

Notice history

2 events · 1 release on Find a Tender · since 9 Mar 2026
  1. Transparency notice published
    9 Mar 2026, 15:40 GMT
    UK5
  2. Contract signature expected
    9 Mar 2026, 23:59 GMT
    scheduled

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1some still in standstill
Awarded value (inc. VAT) £1,495,2171 award inc. VAT; no net value published
Awarded toValueDateStatus
Chubb European Group SE9 Mar 2026 – 22 Sept 2029£1,495,217 inc. VAT—Standstill

Contracting authority & participating public bodies

Westminster City Council

Contracting authorityPublic authority - sub-central government GB-PPON: PJVD-6261-BPPJ 64 Victoria Street, London, London, SW1E 6QPContact email

Bidders & participating suppliers

1 commercial party on the notice
  • Chubb European Group SEAwarded supplierGB-COH: BR023093 40 Leadenhall Street, London, London, EC3A 2BJContact email

Official documents & specifications (1)

Official links; attachments are not copied

Notices published for this procedure

  • Transparency notice awardTransparency noticeUK5Transparency notice on Find a Tender