Private Medical Insurance · UK public procurement notice

Contracts

• Contract 007290-2026-DN179925 324884-2016 - Competition CON-1000439-1 · AXA PPP Healthcare Limited

  Signed

  1 Apr 2017

  Value

  £115,380,000

  Period

  … – 31 Mar 2027

  Status

  active

  • Change Modification Notice The contract is modified as follows: 1) Term extension from 31 March 2026 to 31 March 2027 (cost up to £15, 000,000) 2) Contractual amendment to change the fully insured funding model from 'Cap and Collar' to a 'General Stop Loss' (GSL), to limit any retained underspend based on claims performance (costing up to £380,000 for 2 periods 25/26 and 26/27) . The changes are made in line with Regulation 72(1)(b) PCR 2015. Costs £100,000,000 + £380,000 + £15,000,000 = £115,380,000 New total contract value = £115,380,000, Need for additional works, services or supplies by the original contractor/concessionaire: The changes are made in line with Regulation 72(1)(b) PCR 2015. Contractual amendment to change the fully insured funding model from 'Cap and Collar' to a 'General Stop Loss' (GSL), to limit any retained underspend based on claims performance (costing up to £380,000 for 2 periods 25/26 and 26/27)

Dispute resolution & review bodies

• High Court of England and Wales LondonReview body London