Award

CPG/11815/2024 Provision of Medical Insurance for the British Commission in Bridgetown, Barbados

FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE

This public procurement record has 1 release in its history.

Award

21 Nov 2024 at 17:55

Summary of the contracting process

The Foreign Commonwealth and Development Office (FCDO) has completed the procurement process for the provision of medical insurance services under the title "CPG/11815/2024 Provision of Medical Insurance for the British Commission in Bridgetown, Barbados." This open below-threshold procedure targeted medical insurance services in multiple locations including the British Overseas Territories, Channel Islands, Europe, Isle of Man, the Rest of the World, and the United Kingdom. The awarded contract, valued at £84,610, commenced on 1 November 2024 and will end on 31 October 2025. Key dates included the tender period ending on 15 October 2024 and the award date on 13 November 2024, indicating the efficiency of the procurement process.

This tender offers significant business opportunities, particularly for large-scale insurance firms with capabilities in providing comprehensive medical insurance services across varied geographic locations. Businesses engaged in international insurance services or those looking to expand their market reach in the public sector could greatly benefit from such contracts. The awarded supplier, Gallagher Insurance Brokers (Barbados) Ltd, exemplifies the type of well-established insurance firms suited for this tender, showcasing how securing such contracts can aid in business expansion and enhance service portfolios in the competitive insurance market.

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Notice Title

CPG/11815/2024 Provision of Medical Insurance for the British Commission in Bridgetown, Barbados

Notice Description

Provision Medical Insurance for the British Commission in Bridgetown, Barbados from Sagicor Insurance through Gallagher Insurance Brokers (Barbados) Ltd.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-24018886-21ce-4d2e-a42e-0153a848e848
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b6e7353a-0684-4211-8e1c-1fe1996d9cd0
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66512220 - Medical insurance services

Notice Value(s)

Tender Value
£84,610 Under £100K
Lots Value
Not specified
Awards Value
£84,610 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
21 Nov 20241 years ago
Submission Deadline
15 Oct 2024Expired
Future Notice Date
Not specified
Award Date
13 Nov 20241 years ago
Contract Period
1 Nov 2024 - 31 Oct 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
FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE
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 2AH
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

GALLAGHER INSURANCE BROKERS (BARBADOS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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