Award

Medical Insurance Nassau 2021

FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE

This public procurement record has 1 release in its history.

Award

18 Aug 2021 at 22:15

Summary of the contracting process

The Foreign Commonwealth and Development Office is the buyer for the tender titled "Medical Insurance Nassau 2021," which aims to provide medical insurance services for local staff at the British High Commission in Nassau. This procurement falls within the services industry category, specifically classified under medical insurance services (CPV code: 66512220). The procurement process was conducted through a limited method, and the tender period concluded on 19th March 2021. The awarded contract, valued at £80,934.38, has a contract period starting from 1st April 2021 and running until 31st March 2023.

This tender offers significant opportunities for small and medium-sized enterprises (SMEs) engaged in the medical insurance sector, particularly those experienced in providing services in geographically diverse regions such as British Overseas Territories and Europe. Companies that can demonstrate robust capabilities in delivering comprehensive insurance solutions for local staff are well-suited to compete in this market. The competitive quotation approach indicates that there may be room for aggressive pricing strategies and innovative service offerings, which could further enhance competitive prospects for potential bidders.

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Notice Title

Medical Insurance Nassau 2021

Notice Description

Medical insurance for local staff members at the BHC in Nassau

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a6f9dbf4-8fd1-413e-8a4c-ccb5f24c4f38
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c8223cbe-ab68-478f-ba49-e6aa97b90b8a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
SME
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
£80,934 Under £100K
Lots Value
Not specified
Awards Value
£80,934 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
18 Aug 20214 years ago
Submission Deadline
19 Mar 2021Expired
Future Notice Date
Not specified
Award Date
16 Aug 20214 years ago
Contract Period
31 Mar 2021 - 31 Mar 2023 1-2 years
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
Not specified
Contact Email
ame.procurement2@fco.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1A 2AE
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

ATLANTIC MEDICAL

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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