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Official procurement procedure

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

Health insurance services
Life insurance services
BD
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Foreign Commonwealth and Development Office: "Group Term Life and Medical Insurance for Country Based Staff of British High Commission (BHC) in Bangladesh". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityForeign Commonwealth and Development OfficeScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Foreign Commonwealth and Development Office
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Foreign Commonwealth and Development Office. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
2.5Bids / Report
0% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 2 active published awards; 2 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Price reduction compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published28 May 2025, 07:20 BST
Last source update28 May 2025, 07:20 BST
Recurring procurementNot published
ClassificationHealth insurance services, Life insurance services
Delivery area
BD
OCIDocds-h6vhtk-04dd29
What is being bought
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.
What changed
From the official release history
  1. tender value changed
    28 May 2025, 07:20 BST
  2. Status changed to complete
    28 May 2025, 07:20 BST
  3. Official notice release published
    28 May 2025, 07:20 BST
  4. Submission deadline changed to published date
    28 May 2025, 07:20 BST
  5. Buyer information updated
    28 May 2025, 07:20 BST
  6. Published value updated to £645,696
    10 Feb 2025, 11:31 GMT
  7. Status changed to active
    10 Feb 2025, 11:31 GMT
  8. Official notice release published
    10 Feb 2025, 11:31 GMT
  9. Submission deadline changed to 10 Mar 2025, 17:30 GMT
    10 Feb 2025, 11:31 GMT
  10. Buyer information updated
    10 Feb 2025, 11:31 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    American Life Insurance Company has been selected to deliver a comprehensive Medical Insurance cover for staff and their immediate family members. The policy will will provide hospitalisation/in-patient and outpatient cover to all permanent and long-term contract staff employed.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    28 May 2025, 07:20 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 30 Apr 2025, 00:00 BST · £645,696
Commercial outcome and competition
Awards
American Life Insurance Company
Not published · Not published · active
Contracts
Group Term Life and Medical Insurance for Country Based Staff of British High Commission (BHC) in Bangladesh
£645,696 · signed 30 Apr 2025, 00:00 BST · active
Bid statistics
bids: 3 (lot 1)
Buyer and organisations in this procedure

Foreign Commonwealth and Development Office

Contracting authority GB-FTS-127280
View buyer profile
  • Foreign Commonwealth and Development Office
    buyer

    King Charles Street, London, BD, SW1A 2AH
  • American Life Insurance Company
    supplier

    MetLife Building,18-20 Motijheel Commercial Area, Motijheel, Dhaka, BD
  • Foreign and Commonwealth and Development office
    reviewBody

    London, SW1A 2AH
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published