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Provision of Medical Insurance Services for Saudi Arabia Network

Foreign Commonwealth and Development Office

This public procurement record has 2 releases in its history.

Award

21 May 2024 at 02:13

Award Notice
Tender

03 Jan 2024 at 08:05

Tender Notice
Summary of the contracting process

The Foreign Commonwealth and Development Office in the United Kingdom has completed an open procedure for the Provision of Medical Insurance Services for the Saudi Arabia Network in Riyadh and Jeddah. The main procurement category is services, the procurement method used is an open procedure, and the contract was signed on 1st April 2024 with a total value of SAR 5,440,632.

This tender for medical insurance services presents business growth opportunities for companies providing insurance services within Saudi Arabia. Established entities with experience in managing medical insurance services in the Saudi Arabian market would be well-suited to compete in this tender. The tender stage for this opportunity was the award, and key dates included the tender opening on 5th February 2024. The buying organization, the Foreign Commonwealth and Development Office, is responsible for this procurement process.

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Notice Information

Notice Title

Provision of Medical Insurance Services for Saudi Arabia Network

Notice Description

Provision of Medical Insurance Services for Saudi Arabia Network (Riyadh and Jeddah).

Lot Information

Lot 1

Medical Insurance.

Renewal: The contract is to be for a period of 1 year beginning on 01 April 2024 and will end on 31 March 2025 with 2-year options to extend (1+1+1).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-042a63
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/015926-2024
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
Not specified
Awards Value
Not specified
Contracts Value
£5,440,632 £1M-£10M

Notice Dates

Publication Date
21 May 20242 years ago
Submission Deadline
5 Feb 2024Expired
Future Notice Date
Not specified
Award Date
1 Apr 20242 years ago
Contract Period
1 Apr 2024 - 31 Mar 2025 6-12 months
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
LONDON
Postcode
SW1A 2AH
Postcode Area
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

Bupa Arabia for Cooperative Insurance Company

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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