Tender

L25004-T-LH - Private Medical Insurance - Employees

LONDON LUTON AIRPORT OPERATIONS LIMITED

This public procurement record has 1 release in its history.

Tender

13 Mar 2025 at 13:31

Tender Notice
Summary of the contracting process

London Luton Airport Operations Limited is undertaking a pre-market exercise for private medical insurance for its employees, designated as tender L25004-T-LH. The procurement exercise falls under the industry category of life reinsurance services, accident and health reinsurance services, and health and social work services. Based in the East of England, specifically Luton (LU2 9NU), the procurement is currently in the tender stage with key dates including publication on 13th March 2025 and the tender period ending on 11th April 2025. The contract is set to commence on 1st August 2025 and will last until 31st July 2026.

This tender represents a substantial opportunity for businesses specialising in medical insurance to gain a significant contract worth £1,600,000 with London Luton Airport. The ideal candidates to compete for this tender are established insurance providers capable of offering fully insured policies with profit sharing and managed services, including options for underwriting and price comparison. As the policy will be underwritten as Medical History Disregarded with no excess for employees, companies with strong capabilities in creating tailored health insurance solutions will be well-suited for this procurement. Although the procurement method is an open pre-market exercise, the requirement to ensure best value from year to year fosters competition and opportunities for growth within this sector.

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Notice Information

Notice Title

L25004-T-LH - Private Medical Insurance - Employees

Notice Description

This is a Pre Market Exercise for Private medical insurance Additional information: London Luton Airport (LLA) provides Private Medical Insurance for all staff at LLA. As this is an insurance product, LLA have a responsibility to ensure that best value is achieved each year and in order to do so, conduct a Pre Market Exercise (PME) to bench mark the Private Medical insurance market. This project is to enable that information is gathered and should an alternative provider be sourced through this exercise then LLA will/ may use this information to award appropriately. This PMI (Private Medical Insurance) will be offered as a fully insured (ideally with profit share) and managed service. The policy will be underwritten as Medical History Disregarded (MHD) for all covered in the policy. The policy will be based on a nil excess for employees. However, it will be asked to quote with excess and underwriting options as a price comparison.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8ebd6683-3b9c-47af-98be-8f8d9c0d0485
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/389f52e0-277a-4260-bb27-6663910ead29
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - PME Market exercise
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

85 - Health and social work services

CPV Codes

66710000 - Life reinsurance services

66720000 - Accident and health reinsurance services

85000000 - Health and social work services

Notice Value(s)

Tender Value
£1,600,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
13 Mar 202511 months ago
Submission Deadline
11 Apr 2025Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Jul 2025 - 31 Jul 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
LONDON LUTON AIRPORT OPERATIONS LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LUTON
Postcode
LU2 9NU
Post Town
Luton
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH21 Luton
Delivery Location
Not specified
Local Authority
Luton
Electoral Ward
Vauxhall
Westminster Constituency
Luton South and South Bedfordshire

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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