Published date: 28 May 2025
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Health insurance services - 66512200
Location of contract
Any region
Value of contract
£645,696
Procurement reference
tender_476847/1484569
Published date
28 May 2025
Closing date
11 March 2025
Closing time
5:30pm
Contract start date
1 May 2025
Contract end date
30 April 2026
Contract type
Service contract
Procedure type
Open procedure (above threshold)
Any interested supplier may submit a tender in response to an opportunity notice.
This procedure can be used for procurements above the relevant contract value threshold.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
Yes
Description
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.
Award information
Awarded date
30 April 2025
Contract start date
1 May 2025
Contract end date
30 April 2026
Total value of contract
£645,696
This contract was awarded to 1 supplier.
AMERICAN LIFE INSURANCE COMPANY
Address
Dakha, Dhaka, BANGLADESH
Reference
No reference - other
Supplier is SME?
No
Supplier is VCSE?
No
About the buyer
Contact name
Bidisha Chaliha
Address
King Charles Street
London
SW1A 2AH
England
Website
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Closing: 11 March 2025, 5:30pm
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