Award

Private Medical Insurance Brokerage Services

GENERAL MEDICAL COUNCIL (GMC)

This public procurement record has 2 releases in its history.

Award

20 Jul 2023 at 08:26

Tender

16 Mar 2023 at 15:51

Summary of the contracting process

The General Medical Council (GMC) is looking for a broker to assist in securing a private medical insurance provider to serve its 1600 staff. The procurement process, under the title "Private Medical Insurance Brokerage Services," falls under the services category and is at the award stage post a cancelled tender. The procurement involves a total contract value of £2.8 million and is open for participation in an open procedure. The GMC, with offices in London, Manchester, Cardiff, Belfast, and Edinburgh, aims to renew the contract by 1 October 2023.

This tender opportunity for Private Medical Insurance Brokerage Services by the GMC provides a chance for insurance brokerage firms to offer high-quality services to a reputable organisation with a significant contract value. Businesses specialising in insurance brokerage services, particularly those capable of nationwide service delivery, are well-suited to compete. Given the focus on service quality and value for money, companies with a track record in providing comprehensive and cost-effective medical insurance solutions are likely to find this tender attractive for potential business growth and expansion opportunities.

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Notice Title

Private Medical Insurance Brokerage Services

Notice Description

The GMC provides private medical insurance to its staff as one of its employee benefits. It is an optional benefit which approximately 1066 of our total 1600 staff have opted into. We have provided this employee benefit since 1997. Our current brokerage contract ends on 10 July 2023. We are looking for a broker to support us in securing a private medical insurance provider who will deliver a high-quality service whilst ensuring that we get best value for money. The GMC has five office locations in the UK: London, Manchester, Cardiff, Belfast and Edinburgh, so any private medical insurer recommended must be able to deliver services throughout the UK. The broker must be able to deliver the work to tight timescales to meet our 1 October 2023 renewal date.

Lot Information

Lot 1

The GMC provides private medical insurance to its staff as one of its employee benefits. It is an optional benefit which approximately 1066 of our total 1600 staff have opted into. We have provided this employee benefit since 1997. Our current brokerage contract ends on 10 July 2023. We are looking for a broker to support us in securing a private medical insurance provider who will deliver a high-quality service whilst ensuring that we get best value for money. The GMC has five office locations in the UK: London, Manchester, Cardiff, Belfast and Edinburgh, so any private medical insurer recommended must be able to deliver services throughout the UK. The broker must be able to deliver the work to tight timescales to meet our 1 October 2023 renewal date.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03b399
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/020875-2023
Current Stage
Award
All Stages
Tender, Award

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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

66512000 - Accident and health insurance services

66512200 - Health insurance services

66512220 - Medical insurance services

66518100 - Insurance brokerage services

Notice Value(s)

Tender Value
£2,800,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£2,800,000 £1M-£10M

Notice Dates

Publication Date
20 Jul 20232 years ago
Submission Deadline
20 Apr 2023Expired
Future Notice Date
Not specified
Award Date
20 Jun 20232 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
GENERAL MEDICAL COUNCIL (GMC)
Contact Name
Not specified
Contact Email
gmctenders@gmc-uk.org
Contact Phone
+44 1619236340

Buyer Location

Locality
MANCHESTER
Postcode
M3 3AW
Post Town
Manchester
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD33 Manchester
Delivery Location
Not specified

Local Authority
Manchester
Electoral Ward
Deansgate
Westminster Constituency
Manchester Central

Supplier Information

Number of Suppliers
1
Supplier Name

MERCER

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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