Award

Provision of an Insurance Broker for Personal Accident and Life Insurance for Service Personnel

MINISTRY OF DEFENCE

This public procurement record has 1 release in its history.

Award

19 May 2023 at 13:21

Award Notice
Summary of the contracting process

The Ministry of Defence has awarded a contract for the provision of an insurance broker for personal accident and life insurance for service personnel. The procurement method used was selective, through a framework agreement call-off. The contract period starts on June 1, 2023, and ends on May 31, 2028. The buying organisation is located in London, England, and the industry category is services. The tender period ended on March 23, 2023.

This tender presents opportunities for insurance brokers specialised in life and accident insurance services to work with the Ministry of Defence. Small and medium-sized enterprises (SMEs) are particularly suited for this opportunity. The selected supplier, The Risk Factor, will provide the services, supporting business growth and enhancing service provision for service personnel across various geographical locations.

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Notice Information

Notice Title

Provision of an Insurance Broker for Personal Accident and Life Insurance for Service Personnel

Notice Description

Provision of an Insurance Broker for Personal Accident and Life Insurance for Service Personnel

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-13824451-3b7c-4d8e-8aed-0043530566e0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/09c54227-3e22-4a5f-870c-8a45851a7fe4
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66511000 - Life insurance services

66512100 - Accident insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
19 May 20232 years ago
Submission Deadline
23 Mar 2023Expired
Future Notice Date
Not specified
Award Date
11 May 20232 years ago
Contract Period
31 May 2023 - 31 May 2028 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
MINISTRY OF DEFENCE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1A 2HB
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
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

THE RISK FACTOR

Further Information

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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