Award

Provision of Medical Insurance Brokerage Services for British Embassy Bangkok

FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE

This public procurement record has 2 releases in its history.

Award

13 Aug 2024 at 03:57

Award Notice
Tender

21 May 2024 at 03:33

Tender Notice
Summary of the contracting process

The Foreign Commonwealth and Development Office has awarded a contract for the provision of medical insurance brokerage services for the British Embassy in Bangkok. The procurement process, which followed an open procedure above threshold, has been completed, with the award dated 12 July 2024 and the contract period running from 23 July 2024 to 22 June 2025. The winning bidder is Pacific Prime Consultant Company Limited, based in Bangkok, Thailand. The total contract value is £11,038,896 GBP. The procurement category falls under medical insurance services, and the services are to be delivered across multiple regions including British Oversea Territories, Channel Islands, Europe, the Isle of Man, the rest of the world, and the United Kingdom.

This tender offers substantial growth opportunities for businesses specialising in medical insurance and brokerage services. Companies that are well-positioned to benefit include those with a strong presence in international insurance markets and the capability to manage large-scale contracts across multiple regions. The procurement process was specifically suitable for small and medium-sized enterprises (SMEs), providing a platform for these businesses to expand their service offerings and client base. Successful participation in tenders like this not only enhances business credibility but also opens avenues for future government contracts.

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Notice Information

Notice Title

Provision of Medical Insurance Brokerage Services for British Embassy Bangkok

Notice Description

Provision of Medical Insurance Brokerage Services for British Embassy Bangkok.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5116ed18-8e77-403d-9f12-d701438ec9b3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3b954c8e-0489-42e6-9af3-530370ddd29f
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
£78,963 Under £100K
Lots Value
Not specified
Awards Value
£11,038,896 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
13 Aug 20241 years ago
Submission Deadline
21 Jun 2024Expired
Future Notice Date
Not specified
Award Date
11 Jul 20241 years ago
Contract Period
22 Jul 2024 - 22 Jun 2025 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

PACIFIC PRIME CONSULTANT

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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