Official UK procurement notice
Group Medical Insurance for Locally Engaged Staff (and their dependents) of British High Commission in India
Authority: Foreign, Commonwealth and Development Office (Central government)
Sectors: Financial and insurance services (66) Delivery: India (IN)
Budget not disclosedValue not published
Awarded 26 Mar 2021
Awarded to Prudent Insurance Brokers Pvt Ltd
What is being bought
Published requirement descriptionGroup Medical Insurance for Locally Engaged Staff (and their dependents) of British High Commission in India
CPV: Medical insurance services
The lotProcurement structure
single lot · no lot value publishedLot #1Awarded
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
How bids were scored
Published sub-criteria (8)
- Provide at least 3 organisations with whom you have similar contracts. Broker and all insurance companies bidding through the broker, should provide the details.: 8%
- Insurance company to provide main features of their policy which should cover both OPD & IPD, inclusions, exclusions and co-payment etc.: 10%
- Insurance company should complete Annexure-1 confirming where your agency will be meeting the minimum requirement or there will be qualifications.: 10%
- Provide the number of affiliated hospitals and clinics, atleast 5000 across the country: 7%
- Describe the process the staff will be required to follow in obtaining medical treatment and getting their claim settlement in both panel and non-panel hospitals. Escalation matrix followed.: 10%
- Please confirm that you will abide by the sample Service Level Agreement or you will provide a better Service Level Agreement: 10%
- Please confirm that you can meet contract implementation by 1 April 2021 and provide a project mobilisation plan showing how you will meet this deadline.: 5%
- price: 40%
Published award criteria (8)
- Provide at least 3 organisations with whom you have similar contracts. Broker and all insurance companies bidding through the broker, should provide the details.: 8
- Insurance company to provide main features of their policy which should cover both OPD & IPD, inclusions, exclusions and co-payment etc.: 10
- Insurance company should complete Annexure-1 confirming where your agency will be meeting the minimum requirement or there will be qualifications.: 10
- Provide the number of affiliated hospitals and clinics, atleast 5000 across the country: 7
- Describe the process the staff will be required to follow in obtaining medical treatment and getting their claim settlement in both panel and non-panel hospitals. Escalation matrix followed.: 10
- Please confirm that you will abide by the sample Service Level Agreement or you will provide a better Service Level Agreement: 10
- Please confirm that you can meet contract implementation by 1 April 2021 and provide a project mobilisation plan showing how you will meet this deadline.: 5
- Price: 40
What this means for your bid
- Price carries 40 of 100 points: a 10% discount moves about 4 points. The method statement decides this lot, not the discount.
Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Open procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Unspecified in notice
- First published
- 20 Apr 2021, 22:55 BST
- Last source update
- 20 Apr 2021, 22:55 BST
- FTS notice number
2021/S 000-008397- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-02a83eFind a Tender
Publisher note: Group Medical Insurance for Locally Engaged Staff (and their dependents) of British High Commission in India
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecastAwards 1
Bids received 4
Contracts signed 1latest 26 Mar 2021
| Awarded to | Value | Date | Status |
|---|---|---|---|
| Prudent Insurance Brokers Pvt LtdSME | ₹46,427,620 † | — | Awarded |
Contracts
Group Medical Insurance for Locally Engaged Staff (and their dependents) of British High Commission in India · Prudent Insurance Brokers Pvt LtdSME
- Signed
- 26 Mar 2021
- Value
- ₹46,427,620
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 4bids | — | — | — |
Contracting authority & participating public bodies
Dispute resolution & review bodies
- Foreign Commonwealth & Development OfficeReview body
Bidders & participating suppliers
1 commercial party on the notice- Prudent Insurance Brokers Pvt LtdAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.