Group Term Life and Medical Insurance for Country Based Staff of British High Commission (BHC) in Bangladesh
Estimated value
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Awarded value
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Suppliers
1
Lots
1
Published
28 May 2025
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.
Scope
- Reference
- CPG-11914-2025
- Commercial tool
- Standalone contract
- Contract dates
Proposed Contract Duration (in months): 1 Year (initial period) Proposed Extension options: 2 Years (on 1+1 basis)
- Main category
- services
- CPV classifications
- 66511000
- Contract locations
- BD
Award criteria
Criteria the buyer will use to evaluate bids.
| Name | Description | Type | Weighting |
|---|---|---|---|
| Coverages Provided (including sub-limits) | 10 | quality | — |
| Adherence to the Statement of Service Requirement | 10 | quality | — |
| Claim Settlement Process | 10 | quality | — |
| Service Level Agreement | 10 | quality | — |
| Escalation Matrix & Customer Support | 05 | quality | — |
| Data and Information Security and Confidentiality | 05 | quality | — |
| Hospital/Clinic NetworkHospital/Clinic Network | 05 | quality | — |
| Contract start date | 05 | quality | — |
| A full assessment of the total price breakdown for each of the. Competitiveness of the Commercial offer in relation to the Market. | 40 | cost | — |
Submission & procedure
- Procedure
- Open procedure
Award details
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
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Award date
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Contract start
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Contract end
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