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Provision of Medical insurance Brokerage Services for British High Commission Kuala Lumpur

Foreign Commonwealth and Development Office

This public procurement record has 2 releases in its history.

Award

29 Apr 2025 at 04:55

Award Notice
Tender

20 Nov 2024 at 06:54

Tender Notice
Summary of the contracting process

The Foreign Commonwealth and Development Office (FCDO), a UK-based government organisation, conducted an open procurement process for the provision of Medical Insurance Brokerage Services at the British High Commission in Kuala Lumpur, Malaysia. The procurement process, categorised under insurance brokerage services, progressed through the award stage, with a contract awarded to Hayat Insurance Brokers Sdn. Bhd. on 1st April 2025. The tender was part of an open procedure, indicating a transparent and competitive bidding process, and it covered services intended to commence on 1st April 2025 and end on 31st March 2026, with a possible renewal option.

This tender offers significant growth opportunities for businesses specialising in insurance brokerage services, particularly those with an established presence in Malaysia and the capability to manage extensive service contracts. The open procurement method allows various companies to compete, providing a level playing field for both large and smaller enterprises that meet the specified criteria. Businesses looking to expand their portfolio in government contracts and extend their services across international locations would find such opportunities beneficial for strategic growth. The focus on price as a primary award criterion could also appeal to cost-competitive bidders, enhancing their chances of securing the contract.

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Notice Information

Notice Title

Provision of Medical insurance Brokerage Services for British High Commission Kuala Lumpur

Notice Description

Medical insurance Brokerage Services for British High Commission Kuala Lumpur.

Lot Information

Lot 1

Medical insurance Brokerage Services

Renewal: With option to extend upon review (1+1+1).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04bd12
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/017458-2025
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

66518100 - Insurance brokerage services

Notice Value(s)

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

Notice Dates

Publication Date
29 Apr 20251 years ago
Submission Deadline
20 Jan 2025Expired
Future Notice Date
Not specified
Award Date
1 Apr 20251 years ago
Contract Period
1 Apr 2025 - 31 Mar 2026 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

Hayat Insurance Brokers Sdn. Bhd.

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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