Award

Medical Insurance Brokerage Services for British Embassy Hanoi and British Consulate General Ho Chi Minh

FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE

This public procurement record has 2 releases in its history.

Award

16 Apr 2025 at 03:58

Award Notice
Tender

06 Sep 2024 at 03:48

Tender Notice
Summary of the contracting process

The Foreign Commonwealth and Development Office (FCDO) has completed the procurement process for Medical Insurance Brokerage Services needed for the British Embassy Hanoi and the British Consulate General Ho Chi Minh. This tender falls under the insurance services sector and was carried out through an open procedure, above the threshold. The procurement process began with a tender notice published on 6th September 2024 and concluded with the award on 18th December 2024. Key dates included the tender submission deadline on 7th October 2024 and the contract period from 15th December 2024 to 14th December 2025. Coverage areas include British Overseas Territories, Channel Islands, Europe, Isle of Man, the United Kingdom, and the rest of the world. The tender was valued at £129,264.36 GBP.

This procurement presents valuable opportunities for businesses involved in insurance services, particularly those specialising in health insurance and brokerage services. The award of the contract to Willis Towers Watson Vietnam Insurance Broker Co., Ltd. indicates that large enterprises with extensive experience in the industry are well-positioned to compete. However, the suitability criteria also highlighted opportunities for Small and Medium-sized Enterprises (SMEs). Businesses experienced in delivering robust insurance solutions on an international scale should consider participating in similar future tenders, as this can lead to growth and expansion into new geographic markets.

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Notice Information

Notice Title

Medical Insurance Brokerage Services for British Embassy Hanoi and British Consulate General Ho Chi Minh

Notice Description

Medical Insurance Brokerage Services for British Embassy Hanoi and British Consulate General Ho Chi Minh

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c891702a-416a-4a2f-9a7e-537e182d0d97
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d2266316-0a68-4feb-8408-a01181ade5db
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

66510000 - Insurance services

66512200 - Health insurance services

66518100 - Insurance brokerage services

Notice Value(s)

Tender Value
£129,264 £100K-£500K
Lots Value
Not specified
Awards Value
£43,088 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Apr 202510 months ago
Submission Deadline
7 Oct 2024Expired
Future Notice Date
Not specified
Award Date
18 Dec 20241 years ago
Contract Period
15 Dec 2024 - 14 Dec 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

WILLIS TOWERS WATSON VIETNAM INSURANCE BROKER

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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