Award

GB-Sheffield: Private Medical Insurance

BRITISH BUSINESS BANK

This public procurement record has 1 release in its history.

Award

10 Feb 2017 at 14:45

Summary of the contracting process

The British Business Bank, located in Sheffield, is seeking a supplier for a three-year contract to provide private medical insurance for its employees, valued at £100,000. The procurement process, which has reached the award stage, was completed on 5th July 2016. The contract period commenced on 19th September 2016 and will conclude on 31st July 2019. The procurement method employed was an open procedure within the health insurance services category.

This opportunity in the healthcare sector presents significant growth potential for businesses specialising in insurance services. Companies experienced in delivering private medical insurance or related services would be particularly well-positioned to compete. The awarded contract is a successful example of how businesses can engage with public sector entities to expand their service offerings and improve their market presence.

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Notice Title

GB-Sheffield: Private Medical Insurance

Notice Description

The British Business Bank (BBB) wishes to select a supplier for the delivery of private medical insurance to all our colleagues. Single cover provided to colleagues will be employer funded. This a three year contract opportunity.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f18fbbbb-fd76-428b-a62a-a943fb198dca
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/64858fe0-4821-4990-8fa7-96c330cf0cdf
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
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
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
£100,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
10 Feb 20179 years ago
Submission Deadline
5 Jul 2016Expired
Future Notice Date
Not specified
Award Date
4 Jul 20169 years ago
Contract Period
18 Sep 2016 - 31 Jul 2019 2-3 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
BRITISH BUSINESS BANK
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SHEFFIELD
Postcode
S3 8NH
Post Town
Sheffield
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
Not specified

Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

BUPA INSURANCE

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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