Award

Extension of Contract - US Network Life & Disability Insurance

FOREIGN COMMONWEALTH & DEVELOPMENT OFFICE

This public procurement record has 1 release in its history.

AwardUpdate

06 May 2021 at 21:55

Summary of the contracting process

The Foreign Commonwealth & Development Office is seeking to extend its existing contract for US Network Life & Disability Insurance, with the contract period running from 1st April 2021 to 31st March 2022. This procurement falls under the services category, specifically classified as insurance services (CPV: 66510000). The contract, valued at £825,301, is currently active and involves insurance coverage for US staff benefits. This extension was necessitated by unforeseen circumstances arising from COVID-19, which impacted the contracting timeline and required adjustments to the procurement process.

This tender presents a significant opportunity for businesses in the insurance sector, especially those that specialise in life and disability insurance services. Companies that can demonstrate expertise in providing comprehensive insurance solutions are well-positioned to compete effectively. With a focus on fulfilling the needs of government contracts, firms able to handle large-scale and complex insurance portfolios will likely benefit most from this procurement opportunity.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Extension of Contract - US Network Life & Disability Insurance

Notice Description

Lot Information

Lot 1

United States Staff Benefits, Life and Disability Insurance. Extension 01/04/21-31/03/22

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02ae19
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/009896-2021
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

66511000 - Life insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£825,301 £500K-£1M

Notice Dates

Publication Date
6 May 20214 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
31 Mar 20214 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Not Specified
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
FOREIGN COMMONWEALTH & DEVELOPMENT OFFICE
Contact Name
Not specified
Contact Email
ame.procurement2@fcdo.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

METLIFE

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-02ae19-2021-05-06T22:55:02+01:00",
    "date": "2021-05-06T22:55:02+01:00",
    "ocid": "ocds-h6vhtk-02ae19",
    "initiationType": "tender",
    "tender": {
        "id": "ocds-h6vhtk-02ae19",
        "legalBasis": {
            "id": "32014L0024",
            "scheme": "CELEX"
        },
        "title": "Extension of Contract - US Network Life & Disability Insurance",
        "classification": {
            "scheme": "CPV",
            "id": "66510000",
            "description": "Insurance services"
        },
        "mainProcurementCategory": "services",
        "lots": [
            {
                "id": "1",
                "description": "United States Staff Benefits, Life and Disability Insurance. Extension 01/04/21-31/03/22",
                "contractPeriod": {
                    "durationInDays": 360
                }
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "US"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "reviewDetails": "Any review proceedings will de dealt with in accordance with the requirements of the PCR 2015 or any successor to the PCR 2015. Any Review proceedings must be brought within the timescales specified by the applicable law."
    },
    "awards": [
        {
            "id": "009896-2021-COM-5670-2021-1",
            "relatedLots": [
                "1"
            ],
            "status": "active",
            "suppliers": [
                {
                    "id": "GB-FTS-15432",
                    "name": "Metlife"
                }
            ]
        }
    ],
    "parties": [
        {
            "id": "GB-FTS-15431",
            "name": "Foreign Commonwealth & Development Office",
            "identifier": {
                "legalName": "Foreign Commonwealth & Development Office"
            },
            "address": {
                "streetAddress": "King Charles Street",
                "locality": "London",
                "region": "UK",
                "postalCode": "SW1A 2AH",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "telephone": "+44 02070080932",
                "email": "ame.procurement2@fcdo.gov.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "https://www.gov.uk/government/organisations/foreign-commonwealth-office"
            }
        },
        {
            "id": "GB-FTS-15432",
            "name": "Metlife",
            "identifier": {
                "legalName": "Metlife"
            },
            "address": {
                "locality": "New York",
                "region": "US",
                "countryName": "United States"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "scale": "large"
            }
        },
        {
            "id": "GB-FTS-15433",
            "name": "Foreign, Commonwealth & Development Office",
            "identifier": {
                "legalName": "Foreign, Commonwealth & Development Office"
            },
            "address": {
                "streetAddress": "King Charles Street",
                "locality": "London",
                "postalCode": "SW1a 2AH",
                "countryName": "United Kingdom"
            },
            "roles": [
                "reviewBody"
            ]
        },
        {
            "id": "GB-FTS-8676",
            "name": "Centre for Effective Dispute Resolution (CEDR)",
            "identifier": {
                "legalName": "Centre for Effective Dispute Resolution (CEDR)"
            },
            "address": {
                "locality": "London",
                "countryName": "United Kingdom"
            },
            "roles": [
                "mediationBody"
            ]
        },
        {
            "id": "GB-FTS-15434",
            "name": "Foreign, Commonwealth and Development Office",
            "identifier": {
                "legalName": "Foreign, Commonwealth and Development Office"
            },
            "address": {
                "locality": "London",
                "postalCode": "SW1A 2AH",
                "countryName": "United Kingdom"
            },
            "roles": [
                "reviewContactPoint"
            ]
        }
    ],
    "buyer": {
        "id": "GB-FTS-15431",
        "name": "Foreign Commonwealth & Development Office"
    },
    "contracts": [
        {
            "id": "009896-2021-COM-5670-2021-1",
            "awardID": "009896-2021-COM-5670-2021-1",
            "status": "active",
            "value": {
                "amount": 825301,
                "currency": "GBP"
            },
            "dateSigned": "2021-04-01T00:00:00+01:00",
            "period": {
                "endDate": "2022-03-31T23:59:59+01:00"
            },
            "items": [
                {
                    "id": "1",
                    "classification": {
                        "scheme": "CPV",
                        "id": "66510000",
                        "description": "Insurance services"
                    },
                    "additionalClassifications": [
                        {
                            "scheme": "CPV",
                            "id": "66511000",
                            "description": "Life insurance services"
                        }
                    ],
                    "deliveryAddresses": [
                        {
                            "region": "US"
                        }
                    ],
                    "relatedLot": "1"
                }
            ],
            "amendments": [
                {
                    "id": "1",
                    "description": "1 year extension of contract. No other changes.",
                    "rationale": "Need for modification brought about by circumstances which a diligent contracting authority/entity could not foresee: COVID previously affected the ability to recontract the suite of requirements - this had previously been identified as a low spend contract but further review notes it is above 100K. Suite of 4 benefits to be contracted this FY. PIN being released this week."
                }
            ]
        }
    ],
    "language": "en"
}