Award

Private Health Insurance

CAPITALESOURCING

This public procurement record has 1 release in its history.

Award

26 Mar 2024 at 10:42

Summary of the contracting process

The buying organisation, capitalEsourcing, awarded a contract for Private Health Insurance for Westminster Employees in London. The procurement stage was complete, with the tender using a competitive quotation method. The contract period runs from April 1, 2024, to March 31, 2025, with a total value of £314,998 in GBP.

This tender for Private Health Insurance offers opportunities for businesses in the health insurance services industry, particularly those providing services in London. Small and medium-sized enterprises (SMEs) are well-suited to compete due to the award's emphasis on competitive quotations. Businesses with experience in delivering health insurance services to large organisations may find this opportunity particularly appealing.

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Notice Title

Private Health Insurance

Notice Description

Private health insurance for Westminster Employees band 5 and above. This contract was awarded under regulation 32. 2. c due to urgency with existing cover expiring and unforeseen cost increases bringing the contract above threshold. As a result no opportunity notice was previously published.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-099d6b7f-dec5-42c7-ac75-9fefa36c4c3e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cbec0e1c-bbd0-4973-8f8b-8b4738e7d93e
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66512200 - Health insurance services

Notice Value(s)

Tender Value
£314,998 £100K-£500K
Lots Value
Not specified
Awards Value
£314,998 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
26 Mar 20241 years ago
Submission Deadline
28 Feb 2024Expired
Future Notice Date
Not specified
Award Date
20 Mar 20241 years ago
Contract Period
31 Mar 2024 - 31 Mar 2025 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
CAPITALESOURCING
Contact Name
Not specified
Contact Email
tenders@westminster.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1E 6QP
Post Town
South West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLI London

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

AXA HEALTH

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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