Summary
Machine-generated summaryA bank is seeking a supplier capable of providing a private medical scheme under a Trust model as part of its core employee reward package. Private medical cover is offered as a core benefit for Bank employees, and the exact supply detail is set out in the Statement of Requirements. The contract term is 3 years with an option of 1 plus 1 further years. The estimated contract value is £103M. Suppliers with the capability and capacity to deliver such a scheme may participate in the procedure described in the tender documents.
Description
Official source
Source: Find a Tender Service (UK Cabinet Office / Crown Commercial Service)
Always verify details on the official notice.
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Last verified against Find a Tender Service (UK Cabinet Office / Crown Commercial Service) 2 months ago
What this market pays
The buyer has too few awards of its own in this sector, so this is the range of the last 158 awards for Financial & insurance services in United Kingdom.
- This notice
- €120.3M
- Median award
- €142,796
- Middle half of past awards
- €63,357 to €430,475
The estimate is larger than three in four past awards.
Award values as published by the official sources. Use them as a guide, not a rule: scope, lots and duration differ between contracts.
The buyer
Full buyer profileBank of England
- notices in the register
- 45
- awards
- 26
- awarded in total
- €1.0B
Who wins its contracts
Many suppliers- different companies won its awards
- 21
- of the awards went to the three most frequent winners
- 25%
- of its calls state an estimated value
- 92%
Based on 24 awards with a named winner over the last 3 years. Counted by award, not by value, because lot and framework amounts are not comparable. Concentrated means the three most frequent winners took 65% or more of the awards; many suppliers, under 35% with at least ten different winners.
One dot per award, on the day it was signed, sized by its value. A ring is an award with no published value.
This buyer has no award history in this sector yet. Usual winners, Financial & insurance services - United Kingdom
| Company | Wins | Total awarded | Last win |
|---|---|---|---|
| Arthur J. Gallagher Insurance Brokers Ltd | 15 | €3.3M | Oct 2026 |
| ALLPAY LIMITED | 11 | €6.9M | Sep 2026 |
| Barclays Bank Plc | 4 | €85.6M | Aug 2026 |
| HYMANS ROBERTSON LLP | 4 | €1.4M | Jun 2026 |
| ARLINGCLOSE LIMITED | 4 | €392,333 | Aug 2026 |
Based on 190 awards with a linked company profile over the last 2 years.
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Market context
Larger than 99% of the open notices in Financial & insurance services across Europe.
- open now in Financial & insurance services
- 2,262
- median open notice
- €442,785
Who wins in this market
Many suppliersUnited Kingdom · Financial & insurance services
- different companies won awards here
- 122
- of the awards went to the three most frequent winners
- 16%
- buyers awarded contracts here
- 119
Based on 190 awards with a named winner over the last 3 years. Counted by award, not by value, because lot and framework amounts are not comparable. Concentrated means the three most frequent winners took 65% or more of the awards; many suppliers, under 35% with at least ten different winners.
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