Award

TfL 95566 Private Medical Benefit Administrator

TRANSPORT FOR LONDON

This public procurement record has 2 releases in its history.

Award

03 Aug 2022 at 15:06

Tender

17 Jun 2021 at 09:12

Summary of the contracting process

The procurement process for the "TfL 95566 Private Medical Benefit Administrator" is being managed by Transport for London (TfL), located in London, UK. The process is currently at the award stage following a cancellation of the earlier tender. This procurement encompasses services within the financial and insurance sector, specifically focusing on the provision and administration of private medical benefits for approximately 10,000 eligible employees and their family members. The tender was initiated on 3rd August 2022, and the total contract value is estimated at £2,500,000 with a significant emphasis on effective cost management and seamless transition to the chosen administrator.

This tender presents an excellent opportunity for businesses in the healthcare administration and insurance industries, especially those that can demonstrate experience in managing medical treatment costs efficiently. Companies that offer administrative services critical to health schemes and have a strong track record in quality service delivery will be well-suited to compete. The procurement method follows a competitive procedure with negotiation, making it essential for bidders to present compelling proposals that highlight their ability to meet TfL's specific needs and criteria.

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Notice Title

TfL 95566 Private Medical Benefit Administrator

Notice Description

This procurement is for the provision and administration of private medical benefits in Transport for London (TfL): * Administration service is extremely important to TfL. TfL's chosen administrator needs to provide excellent service to both TfL and the private medical benefit scheme members. * TfL are keen to work with an administrator who can procure and manage medical treatment spend appropriately. Bidders should demonstrate that they can control costs effectively and work with TfL to manage claims spend * Administrators must demonstrate their ability to manage the transition of the scheme effectively and seamlessly, with no disruption to TfL or the plan members.

Lot Information

Lot 1

This procurement is for the provision and administration of private medical benefits in Transport for London (TfL): * Administration service is extremely important to TfL. TfL's chosen administrator needs to provide excellent service to both TfL and the private medical benefit scheme members. * TfL are keen to work with an administrator who can procure and manage medical treatment spend appropriately. Bidders should demonstrate that they can control costs effectively and work with TfL to manage claims spend * Administrators must demonstrate their ability to manage the transition of the scheme effectively and seamlessly, with no disruption to TfL or the plan members.

Options: Technical Weighting is 80% Commercial /Price is 20%

Renewal: This contract will be for 3 years with an option to extend for a further 2 years

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02bd06
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/021317-2022
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

75 - Administration, defence and social security services

85 - Health and social work services


CPV Codes

66000000 - Financial and insurance services

75000000 - Administration, defence and social security services

85000000 - Health and social work services

Notice Value(s)

Tender Value
Not specified
Lots Value
£2,500,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£2,500,000 £1M-£10M

Notice Dates

Publication Date
3 Aug 20223 years ago
Submission Deadline
19 Jul 2021Expired
Future Notice Date
Not specified
Award Date
31 Mar 20223 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

Contracting Authority (Buyer)

Main Buyer
TRANSPORT FOR LONDON
Contact Name
Ms Irene Kasanga
Contact Email
irenekasanga@tfl.gov.uk
Contact Phone
+44 2030541745, +44 7894710357

Buyer Location

Locality
LONDON
Postcode
SE10 0ES
Post Town
South East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
Not specified

Local Authority
Southwark
Electoral Ward
Borough & Bankside
Westminster Constituency
Bermondsey and Old Southwark

Supplier Information

Number of Suppliers
1
Supplier Name

AXA HEALTH

Open Contracting Data Standard (OCDS)

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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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