Award

US Benefits - Medical (Stop Loss, Pharmacy & Admin)

FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE

This public procurement record has 1 release in its history.

AwardUpdate

07 May 2021 at 21:54

Summary of the contracting process

The Foreign Commonwealth and Development Office, located in London, UK, is currently engaged in a procurement process titled "US Benefits - Medical (Stop Loss, Pharmacy & Admin)", classified under medical insurance services. This initiative falls under the services procurement category and involves a tendering process. An important contract update was made on 31 March 2021, with the award amounting to USD 4,417,503, aimed at extending the existing services for one year, concluding on 31 March 2022. The procurement process is recognised under the legal basis of Directive 2014/24/EU and is associated with the US delivery addresses.

This tender presents significant opportunities for businesses specialising in medical insurance and healthcare services, particularly those equipped to manage comprehensive benefits packages. Companies that can provide innovative solutions for stop-loss arrangements, pharmacy services, and admin support would be particularly well-suited to compete. The anticipated new procurement process scheduled to be advertised this year may further open avenues for suppliers looking to engage in public sector contracts.

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Notice Title

US Benefits - Medical (Stop Loss, Pharmacy & Admin)

Notice Description

Lot Information

Lot 1

1 year extension for Stop Loss, Pharmacy & Admin

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02aeb0
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/010047-2021
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

66512220 - Medical insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£4,417,503 £1M-£10M

Notice Dates

Publication Date
7 May 20214 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
30 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 AND DEVELOPMENT OFFICE
Contact Name
Not specified
Contact Email
ame.procurement2@fcdo.gov.uk
Contact Phone
+44 02070080932

Buyer Location

Locality
LONDON
Postcode
N/A
Post Town
Not specified
Country
Not specified

Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
Not specified

Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Supplier Information

Number of Suppliers
1
Supplier Name

AETNA

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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