---
title: "Group Term Life and Medical Insurance for Country Based Staff of British High Commission (BHC) in Bangladesh"
ocid: "ocds-b5fd17-214e373e-52e4-4891-a7e9-c8962c9975c9"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-214e373e-52e4-4891-a7e9-c8962c9975c9"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-214e373e-52e4-4891-a7e9-c8962c9975c9.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-214e373e-52e4-4891-a7e9-c8962c9975c9.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE"
published: "2025-05-28"
---

# Group Term Life and Medical Insurance for Country Based Staff of British High Commission (BHC) in Bangladesh

Buyer: FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE  
Current stage: Award  
OCID: ocds-b5fd17-214e373e-52e4-4891-a7e9-c8962c9975c9

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## Summary

The procurement process managed by the Foreign Commonwealth and Development Office of the UK, based at King Charles Street, London, recently concluded with the awarding of a contract for providing Group Term Life and Medical Insurance services. The successful bid was submitted by American Life Insurance Company. This contract, which falls under the Health Insurance Services category (CPV code 66512200), covers the insurance needs of the British High Commission's country-based staff in Bangladesh. It began on May 1, 2025, and will run until April 30, 2026, with the potential for extension up to April 30, 2028, subject to satisfactory performance. The procurement used an open procedure method, and the total contract value is £645,696. This award stage was finalised on April 30, 2025.

This contract presents substantial opportunities for businesses involved in providing health insurance services, especially those looking to expand their operations internationally. Since the procurement process was open, it encourages participation from a diverse range of suppliers, including small and medium enterprises (SMEs). The possibility of contract extension offers added incentives for long-term growth and revenue prospects. Companies that are adept at delivering comprehensive insurance services, particularly those with experience in the public sector or international markets, would be well-suited to engage with similar opportunities in the future.

## Notice

This contract has been awarded to American life Insurance Company for delivering the Group Term Life and Medical Insurance for Country Based Staff of British High Commission (BHC) in Bangladesh. The contract period starts from 01st May 2025 till 30th of April 2026 with a further provision for extension of the contract for two more years ( till 30th of April 2028 on 1+1+1 basis) based on satisfactory performance and continued business requirement.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/6a446e2f-1868-4141-a2bf-74f2b4ac9c1e |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (above threshold) |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 28 May 2025 |
| Submission deadline | 11 Mar 2025 |
| Future notice date | Not specified |
| Award date | 29 Apr 2025 |
| Contract period | 30 Apr 2025 - 30 Apr 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £645,696 |
| Lots value | Not specified |
| Awards value | £645,696 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1A 2AH |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | AMERICAN LIFE INSURANCE |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66512200 - Health insurance services

## Release History

- 28 May 2025 at 06:23 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/6a446e2f-1868-4141-a2bf-74f2b4ac9c1e

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/6a446e2f-1868-4141-a2bf-74f2b4ac9c1e
  28th May 2025 - Awarded contract notice on Contracts Finder

## Notice URLs

- http://www.gov.uk/fco

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-214e373e-52e4-4891-a7e9-c8962c9975c9. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-214e373e-52e4-4891-a7e9-c8962c9975c9.json.
