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UK_2022_International Medical Insurance

British Council

This public procurement record has 1 release in its history.

Tender

18 Oct 2022 at 11:05

Tender Notice
Summary of the contracting process

The British Council is currently seeking proposals for the UK_2022_International Medical Insurance tender. This procurement falls under the services category and involves the provision of international private medical insurance for their globally based employees. The estimated contract value is GBP 15 million, with possible annual renewals for up to 5 years. The tender submission deadline is set for January 16, 2023, with an anticipated contract start date within the same period. The procurement method is an open procedure, and interested bidders must comply with the outlined submission terms and requirements.

This tender opportunity by the British Council for international medical insurance services presents a lucrative opportunity for insurance and financial service providers looking to expand their portfolio. Businesses with experience in providing health insurance services and a global delivery capability are particularly well-suited to compete. The contract period of 360 days, along with potential renewals, provides a stable revenue opportunity for successful bidders. Interested suppliers must ensure compliance with the procurement method and submission guidelines to secure this substantial contract.

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Notice Information

Notice Title

UK_2022_International Medical Insurance

Notice Description

The British Council is seeking proposals from suppliers who can provide international private medical insurance which we will provide to our employees. The employees are typically international assignees, and so are mostly expats, and are based in 70+ countries worldwide. Benefits are based on a tailored table of benefits, with a focus on medical treatments and check ups which are available on the NHS.

Lot Information

Lot 1

The British Council has been providing international private medical insurance to its internationally mobile employees for a number of years. At one time, there were two separate schemes for these employees, but these were consolidated into the current scheme at the last tender in 2018. We are seeking a supplier which can provide a full insurance solution, giving members access to high quality network and non-network facilities for out-patient, day- and in-patient services, via direct settlement, GoP and pay-and-claim. We expect high levels of service standards for members and administrators. The supplier must be willing to work with our brokers, Mercer Marsh Benefits, who receive a fixed rate of commission. Full details of British Council's requirements are provided in Annex 1: Scope of Work and SLA, and further details of the health benefits and countries required are provided in Annex 4: Pricing & Tables of Benefits Sheet. Additional information: The estimated value of the contract including anticipated extensions is GBP 15 million, depending on the numbers of lives and usage.

Options: Contract may be renewed annually for upto 5 years, subject to provision of favourable terms and service delivery standards

Renewal: Contract may be renewed annually for upto 5 years, subject to provision of favourable terms and service delivery standards

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-037696
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/029277-2022
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

66510000 - Insurance services

66512200 - Health insurance services

66512220 - Medical insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
18 Oct 20223 years ago
Submission Deadline
16 Jan 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
British Council
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
E20 1JQ
Postcode Area
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
Not specified
Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

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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