This public procurement record has 3 releases in its history.

AwardUpdate

01 Sep 2021 at 02:21

Award

31 Mar 2021 at 04:25

Tender

14 Jan 2021 at 02:04

Summary of the contracting process

The Foreign Commonwealth and Development Office has awarded a contract for Insurance Brokerage Services to Pacific Prime Insurance Brokers Limited, following an open procurement method. The tender, titled "Insurance Brokerage Services for BCG Hong Kong", was published on 14th January 2021 and concluded on 11th February 2021. The contract period is set to commence on 1st April 2021 and will run until 31st March 2022, with a contract value of £300,000. The primary focus of this tender is in the health insurance services category, relevant to delivery addresses spanning British Overseas Territories, the Channel Islands, Europe, and the United Kingdom.

This opportunity can significantly benefit businesses involved in health insurance services and brokerage, particularly those with the capacity to operate within the intricate regulatory frameworks of the UK and overseas territories. Small and medium enterprises (SMEs) are encouraged to engage, given the emphasis on their participation in this tender process. Companies experienced in delivering tailored insurance solutions and capable of navigating government procurement processes would be particularly well-suited to compete for similar future contracts.

How relevant is this notice?

Notice Title

Insurance Brokerage Services for BCG Hong Kong

Notice Description

Brokerage services for British-Consulate General in Hong Kong.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6a015584-4d18-4d9f-9ea6-72398bb515c4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f7758152-bf11-4512-bc8b-30ff58cadd03
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

66512200 - Health insurance services

Notice Value(s)

Tender Value
£70,887 Under £100K
Lots Value
Not specified
Awards Value
£70,887 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
1 Sep 20214 years ago
Submission Deadline
11 Feb 2021Expired
Future Notice Date
Not specified
Award Date
22 Mar 20215 years ago
Contract Period
1 Apr 2021 - 31 Mar 2022 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
Postcode Area
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 Insurance Brokers Limited

Further Information

Notice Documents

Notice URLs

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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