Award

Provision of Brokerage Services & Medical Insurance for the British Embassy in Quito, Ecuador.

FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE

This public procurement record has 2 releases in its history.

Award

21 Jun 2021 at 21:45

Tender

11 Mar 2021 at 22:56

Summary of the contracting process

The Foreign Commonwealth and Development Office is seeking proposals for the "Provision of Brokerage Services & Medical Insurance" for the British Embassy in Quito, Ecuador. This procurement falls under the services category, specifically insurance brokerage services. The tender is currently in the active stage, with a submission deadline that has recently passed on 14th April 2021. The anticipated contract period will commence on 1st July 2021 and lasts until 30th June 2026, with possible extensions. Interested parties must utilise the e-Procurement Portal for submissions and project documentation.

This tender presents significant opportunities for businesses in the insurance and brokerage sectors, particularly those with local presence in Ecuador. Enterprises specializing in health insurance, insurance brokerage, or those capable of managing complex negotiations are particularly well-suited for this tender. The long-term nature of the contract suggests a stable opportunity for growth and ongoing engagement with a prominent governmental client, aiding suppliers in establishing a solid business relationship within the public sector.

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Notice Title

Provision of Brokerage Services & Medical Insurance for the British Embassy in Quito, Ecuador.

Notice Description

The British Embassy in Quito, is looking to first contract broker services, and use the broker to procure the medical insurance provider. The Broker is intended to act as a link between the insurance company and the British Embassy in Quito, and will be acting as a liaison between the parties, with the final objective of managing information, negotiating with the insurance company and communicating changes to the Post. Details on the project and documentation can be found in the e-Procurement Portal. Jaggaer https://fcdo.bravosolution.co.uk/ ( requires registration) navigate to project 6312 ITT 4247

Lot Information

Lot 1

The British Embassy in Quito, is looking to contract broker services, and use the broker to procure the medical insurance provider. The Broker is intended to act as a link between the insurance company. We are looking for a 5 year contract, with local brokerage and insurance company presence in the country. Details on the project and documentation can be found in the e-Procurement Portal. Jaggaer https://fcdo.bravosolution.co.uk/ ( requires registration) navigate to project 6312 ITT 4247

Renewal: The contract is for a 2 year contract with three (3) additional extensions terms of twelve (12) months for a maximux total of 5 years.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-029b00
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/014130-2021
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender 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

66518100 - Insurance brokerage services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£256,704 £100K-£500K

Notice Dates

Publication Date
21 Jun 20214 years ago
Submission Deadline
14 Apr 2021Expired
Future Notice Date
Not specified
Award Date
13 Jun 20214 years ago
Contract Period
30 Jun 2021 - 30 Jun 2026 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE
Contact Name
Not specified
Contact Email
karen.arellano@fco.gov.uk
Contact Phone
+44 02070080932

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

BROKER: SEGURANZA CIA LTD INSURANCE COMPANY: LIBERTY SEGUROS

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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