Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

Group Medical Insurance and Accidental Insurance for Country Based Staff of British High Commission and Deputy High Commissions in India

Foreign Commonwealth and Development Office

This public procurement record has 3 releases in its history.

Award

10 Apr 2024 at 07:41

Award Notice
TenderUpdate

16 Oct 2023 at 12:12

Tender Notice
Tender

28 Sep 2023 at 11:12

Tender Notice
Summary of the contracting process

The Foreign Commonwealth and Development Office has awarded a contract for Group Medical Insurance and Accidental Insurance for Country Based Staff of British High Commission and Deputy High Commissions in India. The contract period starts on 1st April 2024 and ends on 31st March 2025, with provision for two 12-month extensions. The procurement process has been completed, and the contracting authority is the British High Commission located in New Delhi. The procurement method used was an open procedure.

This tender for medical insurance services presents an opportunity for insurance providers looking to expand their business in the services category. Businesses with experience in providing medical insurance services, strong past performance, and a keen focus on quality criteria like claim processes and service level agreements would be well-suited to compete. The contract value is 2,250,000 GBP, and the selected supplier is Aditya Birla Health Insurance Co. Ltd, demonstrating that large-scale insurers are also successful in securing contracts with the British High Commission.

How relevant is this notice?

Notice Information

Notice Title

Group Medical Insurance and Accidental Insurance for Country Based Staff of British High Commission and Deputy High Commissions in India

Notice Description

Group Medical Insurance and Accidental Insurance for Country Based Staff of British High Commission and Deputy High Commissions in India. The contract period begins on 1st April 2024 and ends on 31st March 2025. There shall be provision of two extensions for 12 months duration each time.

Lot Information

Lot 1

Group Medical Insurance and Accidental Insurance for Country Based Staff of British High Commission and Deputy High Commissions in India. The contract period begins on 1st April 2024 and ends on 31st March 2025. There shall be provision of two extensions for 12 months duration each time.

Renewal: The broker will be identified for a period of 3 years and Insurance provider for 1 year initially commencing on 01 April 2024. Towards the end of first year, the broker will help British High Commission in selecting the insurance provider for the following 2 years (1 year at a time).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0405f8
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/011544-2024
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

66512220 - Medical insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
£22,550,000 £10M-£100M
Awards Value
Not specified
Contracts Value
£2,250,000 £1M-£10M

Notice Dates

Publication Date
10 Apr 20242 years ago
Submission Deadline
31 Oct 2023Expired
Future Notice Date
Not specified
Award Date
3 Feb 20242 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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Foreign Commonwealth and 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
NEW DELHI
Postcode
Not specified
Postcode Area
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

Aditya Birla Health Insurance Co. Ltd.

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...