Contract award · 7 Jul 2026

VOLUNTARY EX ANTE TRANSPARENCY (VEAT) NOTICE Provision of Medical Malpractice and Professional Indemnity Insurance (Care Agency)

HM Government of Gibraltar awarded “VOLUNTARY EX ANTE TRANSPARENCY (VEAT) NOTICE Provision of Medical…” to Capurro Insurance & Investments Ltd for £740k.

No competitionFinancial & insurance services

Awarded without open competition

Awarded without open competition. The buyer went directly to one or a few suppliers instead of advertising the contract. Procurement rules allow this only in specific cases, such as extreme urgency, when only one supplier can do the work, or for call-offs from an existing framework.

What “without competition” means

Key facts

Value
£740,000
Procedure
Negotiated procedure without prior publication (above threshold)
Sector
Financial & insurance services · Insurance services (CPV 66510000)
Timeline
  1. Contract date7 Jul 2026
  2. Published7 Jul 2026Published the same day

Description

Transparency Notice This notice is published voluntarily for transparency purposes only and does not seek expressions of interest or responses from the market. Contract Description The contract is for the provision of Medical Malpractice Insurance and Professional Indemnity Insurance for the Care Agency (Department). Procurement Background Separate procurement exercises were undertaken for each requirement following market engagement intended to encourage greater competition. Only one tender was received in response to each exercise. The sole tenderer proposed a combined insurance placement covering both requirements and maintained this position following clarification that the requirements had been tendered separately. Market Response The Contracting Authority has concluded that the tenders received were not suitable for award in the form originally tendered, as they were not capable, without substantial amendment to the procurement structure, of meeting the requirements set out in t…

About the supplier

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