Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

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 22:55

Award Notice
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.

How relevant is this notice?

Notice Information

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

Notice Details

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 20215 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 Apr 20215 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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Foreign Commonwealth & 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

Metlife

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...