Scope
Description
CPI are looking to appoint an Insurance Broker to act as an intermediary between CPI and our insurers, for CPI business insurance and employee benefits.
Total value (estimated)
- £12,000,000 excluding VAT
- £14,400,000 including VAT
Above the relevant threshold
Contract dates (estimated)
- 22 April 2026 to 20 April 2029
- Possible extension to 20 April 2030
- 3 years, 11 months, 29 days
Description of possible extension:
12 months period extension options at the discretion of the authority.
Main procurement category
Services
CPV classifications
- 66518000 - Insurance brokerage and agency services
- 66510000 - Insurance services
Lot 1. Business Insurance
Description
CPI will inform the Broker and keep updated the identification and evaluation of insurance of CPI's risk exposures. Once completed the outcomes of this task must be reported to CPI's Director of Legal. It is expected that the risk exposures are done every month, or when there is a known change.
The Broker is asked to note the current insurances which are currently held by CPI; however, this list is note exhaustive, and CPI may need to seek appropriate cover in other areas:
Material Damage, Business Interruption, and Money
Terrorism
Employers Liability
Public and Products, Errors and Omissions, and Clinical Trials
Management Liability
Personal Accident & Travel Facility
Hired In Plant
Inspection SUD & OSP
The Broker will be responsible for researching the market, conducting procurement exercises on behalf of CPI, comparing and evaluating policies and producing various reports to capture the key information to present to CPI. All stages which are stated in this clause must be done in conjunction with CPI's legal and procurement departments.
The Broker must notify CPI of its pre-contractual duties of disclosure to Insurers including the duty to disclose all information that would be considered material in the context of such duty. The Broker must make sure that this is done in a timely manner, to allow CPI the best possible opportunity to complete this task.
The Broker will be obligated to disclose to Insurers all information and any material fact, made available to the Broker, by CPI, if any requests for additional information as requested by the Insurer.
The Broker will be responsible for evaluating the responses to any procurement exercises and presenting all the outcomes of the procurement exercise to CPI explaining the outcomes of the process and the results. individual quotes and putting forward an independent recommendation to CPI regarding the best policies to cover CPI's risk.
As part of the evaluation process the Broker must work with CPI to identify realistic methods for minimising costs, and support in the identification of the correct insurance requirements based on the information gathered during the process.
The Broker is asked to note that CPI falls within the Procurement Act 2023, which outlines procurement legislation which any Contract Authority needs to adhere to. Although the broker will not come under this legislation, CPI expects he broker to adhere to the principles of the legislation by:
Delivering Value for Money
Maximising Public Benefit
Sharing information for the purpose of allowing suppliers and other to understand CPI's policies and decisions
Acting and been seen to act with Integrity.
The Broker must also keep details on the process followed including market engagement, bids received, evaluation and recommendations. All steps of the process must stand up to scrunty and auditors.
CPI may at various times ask to audit the brokers procurement exercised in relation to CPI. These audits will be notified and a period 2 working days will be provided before any audit.
The Broker will be expected to place the insurance cover with the selected Insurer/s on behalf of CPI. The Broker is also required to provide written confirmation of insurance cover to CPI.
Lot value (estimated)
- £6,000,000 excluding VAT
- £7,200,000 including VAT
Same for all lots
CPV classifications and contract dates are shown in the Scope section, because they are the same for all lots.
Lot 2. Staff Benefits
Description
The Broker must assist in the identification and evaluation of policies which relate to staff benefits CPI provide or would like to provide to their staff. Once completed the outcomes of this task must be reported to CPI's Chief People Officer. It is expected that the risk exposures are done every month, or when there is a known change.
The Broker is asked to note the current insurances which are currently held by CPI; however, this list is not exhaustive, and CPI may need to seek appropriate cover in other areas:
Life assurance - Death in service benefit
Group Income Protection
Private Medical Insurance
Health Cash plan
Pension
The Broker will be responsible for researching the market, conducting procurement exercises on behalf of CPI, comparing and evaluating policies and producing various reports to capture the key information to present to CPI. All stages which are stated in this clause must be done in conjunction with CPI's legal and procurement departments.
The Broker must notify CPI of its pre-contractual duties of disclosure to Insurers including the duty to disclose all information that would be considered material in the context of such duty. The Broker must make sure that this is done in a timely manner, to allow CPI the best possible opportunity to complete this task.
The Broker will be obligated to disclose to Insurers all information and any material fact, made available to the Broker, by CPI, if any requests for additional information as requested by the Insurer.
The Broker will be responsible for evaluating the responses to any procurement exercises and presenting all the outcomes of the procurement exercise to CPI explaining the outcomes of the process and the results. individual quotes and putting forward an independent recommendation to CPI regarding the best policies to cover CPI's risk.
As part of the evaluation process the Broker must work with CPI to identify realistic methods for minimising costs, and support in the identification of the correct insurance requirements based on the information gathered during the process.
The Broker is asked to note that CPI falls within the Procurement Act 2023, which outlines procurement legislation which any Contract Authority needs to adhere to. Although the broker will not come under this legislation, CPI expects he broker to adhere to the principles of the legislation by:
Delivering Value for Money
Maximising Public Benefit
Sharing information for the purpose of allowing suppliers and other to understand CPI's policies and decisions
Acting and been seen to act with Integrity.
The Broker must also keep details on the process followed including market engagement, bids received, evaluation and recommendations. All steps of the process must stand up to scrunty and auditors.
CPI may at various times ask to audit the brokers procurement exercised in relation to CPI. These audits will be notified and a period 2 working days will be provided before any audit.
The Broker will be expected to place the insurance cover with the selected Insurer/s on behalf of CPI. The Broker is also required to provide written confirmation of insurance cover to CPI.
Lot value (estimated)
- £6,000,000 excluding VAT
- £7,200,000 including VAT
Same for all lots
CPV classifications and contract dates are shown in the Scope section, because they are the same for all lots.
Submission
Enquiry deadline
3 November 2025, 12:00pm
Tender submission deadline
19 November 2025, 12:00pm
Electronic auction will be used
Yes
Submission address and any special instructions
Tenders may be submitted electronically
Yes
Languages that may be used for submission
English
Award decision date (estimated)
8 December 2025
Recurring procurement
Publication date of next tender notice (estimated): 24 April 2029
Award criteria
| Name | Description | Type |
|---|---|---|
| Simple description | Price 30% and Quality 70% |
Price |
Weighting description
Price 30% and Quality 70%
Other information
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Open procedure
Contracting authority
CENTRE FOR PROCESS INNOVATION LIMITED
- Companies House: 05002194
Wilton Centre
Redcar
TS10 4RF
United Kingdom
Email: e-tendering@uk-cpi.com
Region: UKC12 - South Teesside
Organisation type: Public authority - sub-central government