System operational · UK tenders
Awarded
ocds-h6vhtk-06708b · award

Insurance Broker Services

HS1 LIMITED (trading as London St. Pancras Highspeed)

Estimated Value

Up to £45,535,714

Deadline

15 May 2026

Published

16 June 2026

Type

Not specified

Private tenderLondonGBopen

Overview

Under its Concession Agreement with the DfT, London St. Pancras Highspeed (LSPH) is required to source a range of insurance policies. These policies must provide levels of cover which are specified in Schedule 5 (pages 150 - 157) of the Concession Agreement, which is available on LSPH's website at https://stpancras-highspeed.com/our-company/regulatory/re... .

LSPH is seeking to appoint an Insurance Broker to deliver its obligations at optimal cost, whilst minimising risk to LSPH. LSPH will be replacing its current Insurance Broker Services contract in July 2026.

The contract will be for 5 years with an option to extend up to 3 more years, to deliver the services, to be defined in more detail in the ITT stage of this procurement - for those suppliers that are successful in the initial PSQ stage. The successful tenderer will ensure that all the required policies are placed for the initial annual insurance renewal date, which is 14th November 2026, and subsequent years thereafter.

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Award Details

Marsh Limited

11 Jun 20261 Jul 2026 – 30 Jun 2031

£45,535,714

Likely incumbents

Suppliers who won similar work from this buyer in the last 5 years.

1 found
  1. 1

    PricewaterhouseCoopers LLP

    1 contract wonlatest 2 Oct 2026ends 30 Apr 2027CH OC303525

    £455,000

    total awarded

PricewaterhouseCoopers LLP is the most likely incumbent based on recency and category match. To win, bidders typically need a clearly differentiated proposition or a price advantage.

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SponsoredEst. 2010
Gladstone & Co AccountantsTax advisers · East Ham, London

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Call+44 (0) 754 864 4798Emailinfo@gladstoneandco.com
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Buyer Profile

HS1 Ltd (t/a London St. Pancras Highspeed)
Typepublic body
RegionUKI43
Total tenders4
Total spend£54,071,428
View buyer profile

Key Dates

Published

16 June 2026

Submission deadline

15 May 2026

Notice type

award

Source

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