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awardUpdateFind a Tender · award Update

Private Medical Insurance

Buyer: BANK OF ENGLAND →

BuyerBANK OF ENGLAND
StatusawardUpdate
DeadlineNot published
ValueValue not published
Published27 Jan 2026

What is being bought

The source has not published a summary for this record.

Delivery location

UK

Categories

Financial and insurance services 66000000

Lot details

Lot 1

The Bank of England has previously appointed a supplier to provide private medical Insurance schemes. This notice relates to an amendment to that contract.

Contract periodto 31 Mar 2026

What is included

ItemCategoryQuantity
1Not publishedNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 66. The category anchor is Financial and insurance services (66000000); this is a deliberately broad market comparator. The comparison is shown at several levels rather than pretending one company or region is always the best benchmark.

Comparison setProceduresReported bids per procedureNamed award suppliersPrice evidence
Market: CPV division 662,6623 median · 17.1 average (1,140 of 2,662 with a bid count)2.5 average (1,265 of 2,662 with named award suppliers)Not published
Same buyer3Not publishedNot publishedNot published
Delivery region: UK8595 median · 27.6 average (332 of 859 with a bid count)3.3 average (368 of 859 with named award suppliers)Not published

“Reported bids” is an official aggregate, sometimes reported per lot; it is the closest available competition measure. “Named award suppliers” are winners, not all applicants.

Price-outcome signal

Not enough comparable procedures currently publish both a GBP tender value and a usable lowest-valid-bid value to calculate a responsible price-reduction benchmark. Tenderline deliberately does not infer a saving from named award suppliers or from missing award values.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNot published
Procurement method rationaleNot published
Rationale classificationsNot published
Special regimeNot published
Covered byNot published
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetNot published
No-engagement rationaleNot published
Planning documents0
Planning milestones0

No planning milestones published.

Related procurements

No linked framework, prior procurement or reprocurement published.

Awards

Contracts

007290-2026-DN179925 324884-2016 - Competition CON-1000439-1

Statusactive
Value£115,380,000

Documents & submission route

No documents are published in the current source record.

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-061023
Latest release ID007290-2026
Latest release timestampTue Jan 27 2026 16:40:44 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statusNot published
Procurement methodNot published
Procurement method detailsNot published
Main procurement categoryservices
Above thresholdNot published
Legal basis32014L0024
Tender period: startNot published
Tender period: endNot published
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: startNot published
Award period: endNot published
Submission method detailsNot published
Submission languagesNot published
Electronic catalogue policyNot published
Total tender valueNot published
Tender lots in source1
Tender items in source1
Tender documents in source0
Awards in latest release1
Contracts in latest release1
Parties in latest release3

Notice history

DateEventReference
27 Jan 2026awardUpdate, contractUpdate007290-2026

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
{
  "id": "007290-2026",
  "tag": [
    "awardUpdate",
    "contractUpdate"
  ],
  "date": "2026-01-27T16:40:44Z",
  "ocid": "ocds-h6vhtk-061023",
  "buyer": {
    "id": "GB-COH-RC000042",
    "name": "BANK OF ENGLAND"
  },
  "links": [
    {
      "rel": "prev",
      "href": "https://ted.europa.eu/udl?uri=TED:NOTICE:355459-2013:TEXT:EN:HTML"
    }
  ],
  "awards": [
    {
      "id": "007290-2026-DN179925   324884-2016 - Competition   CON-1000439-1",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-COH-03148119",
          "name": "AXA PPP Healthcare Group Ltd"
        }
      ],
      "relatedLots": [
        "1"
      ]
    }
  ],
  "tender": {
    "id": "Private Medical Insurance Tender 2016 -  DN179925   CON-1000439",
    "lots": [
      {
        "id": "1",
        "description": "The Bank of England has previously appointed a supplier to provide private medical Insurance schemes. \nThis notice relates to an amendment to that contract.",
        "contractPeriod": {
          "endDate": "2026-03-31T23:59:59+01:00"
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UK"
          }
        ]
      }
    ],
    "title": "Private Medical Insurance",
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "classification": {
      "id": "66000000",
      "scheme": "CPV",
      "description": "Financial and insurance services"
    },
    "mainProcurementCategory": "services"
  },
  "parties": [
    {
      "id": "GB-COH-RC000042",
      "name": "BANK OF ENGLAND",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI31",
        "locality": "London",
        "postalCode": "EC2R8AH",
        "countryName": "United Kingdom",
        "streetAddress": "Threadneedle Street"
      },
      "details": {
        "url": "http://www.bankofengland.co.uk/",
        "buyerProfile": "http://www.bankofengland.co.uk/"
      },
      "identifier": {
        "id": "RC000042",
        "scheme": "GB-COH",
        "legalName": "BANK OF ENGLAND"
      },
      "contactPoint": {
        "email": "Corporate.contracts@bankofengland.co.uk",
        "telephone": "+44 2076011116"
      }
    },
    {
      "id": "GB-COH-03148119",
      "name": "AXA PPP Healthcare Group Ltd",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "id": "03148119",
        "scheme": "GB-COH",
        "legalName": "AXA PPP Healthcare Group Ltd"
      }
    },
    {
      "id": "GB-FTS-172784",
      "name": "High Court of England and Wales   London",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "identifier": {
        "legalName": "High Court of England and Wales   London"
      }
    }
  ],
  "language": "en",
  "contracts": [
    {
      "id": "007290-2026-DN179925   324884-2016 - Competition   CON-1000439-1",
      "items": [
        {
          "id": "1",
          "relatedLot": "1",
          "classification": {
            "id": "66000000",
            "scheme": "CPV",
            "description": "Financial and insurance services"
          },
          "deliveryAddresses": [
            {
              "region": "UK"
            }
          ]
        }
      ],
      "value": {
        "amount": 115380000,
        "currency": "GBP"
      },
      "period": {
        "endDate": "2027-03-31T23:59:59+01:00"
      },
      "status": "active",
      "awardID": "007290-2026-DN179925   324884-2016 - Competition   CON-1000439-1",
      "amendments": [
        {
          "id": "1",
          "rationale": "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.\nContractual 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)",
          "description": "Modification Notice   \nThe contract is modified as follows: \n1) Term extension from 31 March 2026 to 31 March 2027 (cost up to £15, 000,000)  \n2) 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) .\nThe changes are made in line with Regulation 72(1)(b) PCR 2015. \nCosts \n£100,000,000 + £380,000 + £15,000,000 = £115,380,000 \nNew total contract value = £115,380,000"
        }
      ],
      "dateSigned": "2017-04-01T00:00:00+01:00"
    }
  ],
  "description": "OJEU refs:  OJ S: 2013/S 205-355459 / OJ S 181/2016 20/09/2016\nhttps://ted.europa.eu/en/notice/-/detail/324884-2016",
  "initiationType": "tender"
}
Complete JSON history (1 releases)
27 Jan 2026 · 007290-2026 · awardUpdate, contractUpdate
{
  "id": "007290-2026",
  "tag": [
    "awardUpdate",
    "contractUpdate"
  ],
  "date": "2026-01-27T16:40:44Z",
  "ocid": "ocds-h6vhtk-061023",
  "buyer": {
    "id": "GB-COH-RC000042",
    "name": "BANK OF ENGLAND"
  },
  "links": [
    {
      "rel": "prev",
      "href": "https://ted.europa.eu/udl?uri=TED:NOTICE:355459-2013:TEXT:EN:HTML"
    }
  ],
  "awards": [
    {
      "id": "007290-2026-DN179925   324884-2016 - Competition   CON-1000439-1",
      "status": "active",
      "suppliers": [
        {
          "id": "GB-COH-03148119",
          "name": "AXA PPP Healthcare Group Ltd"
        }
      ],
      "relatedLots": [
        "1"
      ]
    }
  ],
  "tender": {
    "id": "Private Medical Insurance Tender 2016 -  DN179925   CON-1000439",
    "lots": [
      {
        "id": "1",
        "description": "The Bank of England has previously appointed a supplier to provide private medical Insurance schemes. \nThis notice relates to an amendment to that contract.",
        "contractPeriod": {
          "endDate": "2026-03-31T23:59:59+01:00"
        }
      }
    ],
    "items": [
      {
        "id": "1",
        "relatedLot": "1",
        "deliveryAddresses": [
          {
            "region": "UK"
          }
        ]
      }
    ],
    "title": "Private Medical Insurance",
    "legalBasis": {
      "id": "32014L0024",
      "scheme": "CELEX"
    },
    "classification": {
      "id": "66000000",
      "scheme": "CPV",
      "description": "Financial and insurance services"
    },
    "mainProcurementCategory": "services"
  },
  "parties": [
    {
      "id": "GB-COH-RC000042",
      "name": "BANK OF ENGLAND",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI31",
        "locality": "London",
        "postalCode": "EC2R8AH",
        "countryName": "United Kingdom",
        "streetAddress": "Threadneedle Street"
      },
      "details": {
        "url": "http://www.bankofengland.co.uk/",
        "buyerProfile": "http://www.bankofengland.co.uk/"
      },
      "identifier": {
        "id": "RC000042",
        "scheme": "GB-COH",
        "legalName": "BANK OF ENGLAND"
      },
      "contactPoint": {
        "email": "Corporate.contracts@bankofengland.co.uk",
        "telephone": "+44 2076011116"
      }
    },
    {
      "id": "GB-COH-03148119",
      "name": "AXA PPP Healthcare Group Ltd",
      "roles": [
        "supplier"
      ],
      "address": {
        "region": "UK",
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "details": {
        "scale": "large"
      },
      "identifier": {
        "id": "03148119",
        "scheme": "GB-COH",
        "legalName": "AXA PPP Healthcare Group Ltd"
      }
    },
    {
      "id": "GB-FTS-172784",
      "name": "High Court of England and Wales   London",
      "roles": [
        "reviewBody"
      ],
      "address": {
        "locality": "London",
        "countryName": "United Kingdom"
      },
      "identifier": {
        "legalName": "High Court of England and Wales   London"
      }
    }
  ],
  "language": "en",
  "contracts": [
    {
      "id": "007290-2026-DN179925   324884-2016 - Competition   CON-1000439-1",
      "items": [
        {
          "id": "1",
          "relatedLot": "1",
          "classification": {
            "id": "66000000",
            "scheme": "CPV",
            "description": "Financial and insurance services"
          },
          "deliveryAddresses": [
            {
              "region": "UK"
            }
          ]
        }
      ],
      "value": {
        "amount": 115380000,
        "currency": "GBP"
      },
      "period": {
        "endDate": "2027-03-31T23:59:59+01:00"
      },
      "status": "active",
      "awardID": "007290-2026-DN179925   324884-2016 - Competition   CON-1000439-1",
      "amendments": [
        {
          "id": "1",
          "rationale": "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.\nContractual 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)",
          "description": "Modification Notice   \nThe contract is modified as follows: \n1) Term extension from 31 March 2026 to 31 March 2027 (cost up to £15, 000,000)  \n2) 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) .\nThe changes are made in line with Regulation 72(1)(b) PCR 2015. \nCosts \n£100,000,000 + £380,000 + £15,000,000 = £115,380,000 \nNew total contract value = £115,380,000"
        }
      ],
      "dateSigned": "2017-04-01T00:00:00+01:00"
    }
  ],
  "description": "OJEU refs:  OJ S: 2013/S 205-355459 / OJ S 181/2016 20/09/2016\nhttps://ted.europa.eu/en/notice/-/detail/324884-2016",
  "initiationType": "tender"
}