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Group Medical Insurance for Locally Engaged Staff (and their dependents) of British High Commission in India

Foreign Commonwealth and Development Office

This public procurement record has 1 release in its history.

Award

20 Apr 2021 at 22:55

Award Notice
Summary of the contracting process

The British High Commission in India is seeking a service provider through an open tender for Group Medical Insurance for its locally engaged staff and their dependents. The procurement process is currently at the award stage, with a contract valued at INR 46,427,620 that was signed on 26 March 2021. This procurement falls under the medical insurance services category (CPV code: 66512220) and is located in India. Suppliers were required to demonstrate the capability to meet comprehensive insurance needs, including outpatient and inpatient care, with compliance deadlines previously set for 1 April 2021.

This tender presents a valuable opportunity for insurance companies and brokers that specialise in medical insurance services, particularly those with the capacity to handle comprehensive health coverage tailored for expatriates and their families. Companies with a strong track record and an established network of medical facilities across India would be particularly suitable to compete for this contract. Such firms may find growth potential by offering competitive rates and innovative insurance solutions aligning with the specifications outlined in the tender.

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Notice Information

Notice Title

Group Medical Insurance for Locally Engaged Staff (and their dependents) of British High Commission in India

Notice Description

Group Medical Insurance for Locally Engaged Staff (and their dependents) of British High Commission in India

Lot Information

Lot 1

Group Medical Insurance for Locally Engaged Staff (and their dependents) of British High Commission in India

Options: OPTION 1: Medical Insurance (OPD & IPD with existing cover) and Accidental Insurance Cover for 687 Staff and their Families OPTION 2: Medical (OPD & IPD with enhanced cover) and Accidental Insurance Cover for 687 Staff and their Families

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02a83e
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/008397-2021
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66512220 - Medical insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£46,427,620 £10M-£100M

Notice Dates

Publication Date
20 Apr 20215 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
26 Mar 20215 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

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
Postcode Area
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

Prudent Insurance Brokers Pvt Ltd

Further Information

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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