Official UK procurement notice
Insurance Brokerage Services for British Consulate General Hong Kong
Authority: Foreign, Commonwealth and Development Office (Central government)
Sectors: Financial and insurance services (66) Delivery: Hong Kong SAR China (HK)
Published estimateHK$2,250,000exc. VAT
Submissions closed 29 Jan 2024awarded 1 Apr 2024
Awarded to Pacific Prime Insurance Brokers Limited
Contract term 3 yrsends 31 Mar 2027 · extension options published · starts 1 Apr 2024
What is being bought
Published requirement descriptionInsurance Brokerage Services.
CPV: Insurance brokerage services
The lotProcurement structure
single lot · no lot value publishedLot #1AwardedRenewal
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
- Price
Conditions of participation1
- Suitability
Supplier must be an established entity with the legal right to provide and manage the required services within Hong Kong.
Procedure terms & legal framework
From the official record- 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
- Unspecified in notice
- Recurring procurement
- Yes
- First published
- 20 Dec 2023, 08:27 GMT
- Last source update
- 3 Apr 2024, 04:21 BST
- Award evaluation window
- 29 Jan 2024 – …
- Authority reference
CPG/10365/2024- FTS notice number
2024/S 000-010672- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-04271bFind a Tender
How it was run
Official noticeRun through: Jaggaer · Who buys & how to bid on JAGGAER
Access & registration note: Free; latest Chrome/Edge/Firefox only — corporate browsers fail
- Submission deadline
- 29 Jan 2024, 12:00 GMT
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bid validity
- 90 days from the deadline
- Bids opened
- 29 Jan 2024, 12:00 GMT
Detailed submission instructions & authority contactsFrom official release
Timeline
29 Jan 2024 → 3 Apr 2024 · 4 dates- Submission deadline29 Jan 2024, 12:00 GMT
- Bids opened29 Jan 2024, 12:00 GMT
- Contract starts1 Apr 2024, 00:00 BST
- Notice published3 Apr 2024, 04:21 BST
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete3 Apr 2024, 04:21 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecastAwards 1
Awarded value £344,6241 contract exc. VAT
Bids received 1
Contracts signed 1latest 1 Apr 2024
| Awarded to | Value | Date | Status |
|---|---|---|---|
| Pacific Prime Insurance Brokers Limited | £344,624 † | — | Awarded |
Contracts
Insurance Brokerage Services for British Consulate General Hong Kong · Pacific Prime Insurance Brokers Limited
- Signed
- 1 Apr 2024
- Value
- £344,624
- Period
- … – 31 Mar 2027
- Status
- active
Bid statistics published by the authority
| Lot | Bids | SME | VCSE | Valid bid range |
|---|---|---|---|---|
| Insurance Brokerage Services | 1bids | — | — | — |
| Whole notice | — | — | — | £114,875 – £344,624 |
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- Pacific Prime Insurance Brokers LimitedAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.