Award

Provision of Medical insurance Brokerage Services for British High Commission Kuala Lumpur

FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE

This public procurement record has 2 releases in its history.

Award

29 Apr 2025 at 05:10

Award Notice
Tender

21 Nov 2024 at 05:32

Tender Notice
Summary of the contracting process

The Foreign Commonwealth and Development Office (FCDO) recently completed the procurement process for the provision of medical insurance brokerage services to the British High Commission in Kuala Lumpur. This procurement, classified under CPV 66512220 for medical insurance services and CPV 66518100 for insurance brokerage services, was conducted via an open procedure above the threshold. The contract, valued at £98,008.89, covers multiple international locations, including the United Kingdom and British Overseas Territories. The award stage concluded with Hayat Insurance Brokers Sdn Bhd, a large company based in Malaysia, being appointed as the supplier. The contract period is scheduled from 1st April 2025 to 31st March 2026.

This tender provides significant opportunities for businesses involved in the insurance and brokerage sector to expand their reach into international markets, specifically within governmental and diplomatic sectors. SMEs in particular can explore this space, given the stated suitability criteria. Businesses offering competitive insurance brokerage services are well-positioned to collaborate with governmental agencies, enhancing their portfolio by serving high-profile clients like the FCDO. The open procurement method ensures a transparent environment encouraging participation from a diverse range of suppliers, facilitating fair competition and potentially new partnerships in the realm of public procurement contracts.

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Notice Information

Notice Title

Provision of Medical insurance Brokerage Services for British High Commission Kuala Lumpur

Notice Description

Provision of Medical insurance Brokerage Services for British High Commission Kuala Lumpur.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2ad7a0d5-bb28-44b0-917a-072283a34952
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0da2d4ff-bcde-4647-a556-397e933048d4
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66512220 - Medical insurance services

66518100 - Insurance brokerage services

Notice Value(s)

Tender Value
£98,008 Under £100K
Lots Value
Not specified
Awards Value
£98,008 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
29 Apr 202510 months ago
Submission Deadline
20 Jan 2025Expired
Future Notice Date
Not specified
Award Date
31 Mar 202510 months ago
Contract Period
31 Mar 2025 - 31 Mar 2026 6-12 months
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
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

HAYAT INSURANCE BROKERS

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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