FCDO Healthcare Review - Asia Pacific
66512200: Health insurance services
Contract details
Detailed information about the contract
- Id
- ocds-h6vhtk-0451ce
- Title
- FCDO Healthcare Review - Asia Pacific
- Description
The Foreign Commonwealth and Development Office (“FCDO”) intend to engage the market in relation to this project as part of early market engagement activity in accordance with Regulation 40 of the Public Contracts Regulations 2015. The purpose of this PIN is to initiate market engagement and is not being used as a call for competition. This process will help inform our commercial strategy and gauge the interest and capability of suppliers in this market.
This PIN is intended to:
- Engage with and inform the market of the FCDO’s requirements, enabling potential Brokers to better understand the scope of the requirement and the approach to the procurement process; and
- Provide detail of the upcoming early market engagement event which will be held in Singapore, at the British High Commission week commencing 24th June 2024. Details on how to register for this event is provided in section VI.3 (Additional Information).
The requirement:
The FCDO is a global organisation of approximately 17,000 staff in 180+ locations around the world. This global presence means FCDO has a complex set of working arrangements, legal commitments and recruitment & retention considerations, including provision of healthcare to its locally employed staff, who are our staff employed by posts (embassies, high commissions, and consulates) overseas on local employment contracts. Please note locally employed staff are not Civil Servants employed by the British Government.
We are exploring strategic options and ways to aggregate our individual requirements, where possible, to optimise value for money. We are looking for an insurance broker to manage FCDO’s locally employed staff’s medical insurance requirements, within the Asia Pacific region, for a maximum contract term of 5 years. Current spend on premiums is circa £1.15 million per annum, across 15 countries. Note, the total contract value we are seeking to award will be circa £5.75 million over 5 years.
FCDO are piloting this in the Asia Pacific (Asia Pac) region, for sight of Annex A which outlines a breakdown of posts and cover in this region where FCDO currently source healthcare for its locally employed staff and qualifying dependants, please register via commercial.corporate@fcdo.gov.uk
There is an expectation that your Brokerage must have capability to source medical insurance for all posts in the Asia Pac region in which FCDO operates. As part of our early market engagement, we are issuing this Prior Information Notice (PIN) to attract brokers who are licensed to provide insurance advisory and brokerage services in the countries contained within Annex A, and to understand supply market capability and perspectives.
- Buyer
- Foreign Commonwealth and Development Office
- Date Published
- Unknown
- Status
- Planned
- Classification
- 66512200: Health insurance services
- Value
- £5.8M GBP
- Procurement Method
- ""
- Procurement Method Details
- Unknown
- Tender Deadline
- Unknown
- Contract Start Date
- 2025-01-23
- Contract End Date
- 2025-01-23
- Suitable For Sme
- false
- Suitable For Vcse
- false
- Documents
- No documents found.