Closed
Private Medical Scheme
Bank of England · Central government
In brief
Bank of England was looking for suppliers for financial services work. Bidding has closed and no award has been published yet.
The estimated value is £103,000,000 excluding VAT.
The contract runs for 3 years, up to 5 years with extensions, starting 1 April 2027.
Built from the notice's own fields. Always check the official notice before you bid.
What the notice says
As part of its overall reward package for Bank employees, the Bank offers private medical cover as a core benefit. The Bank is looking to appoint a supplier who has the capability and capacity to provide a private medical scheme under a Trust model. The exact supply detail is set out in the Statement of Requirements.
The Term is 3 +1 +1 years.
The value is estimated at £103M.
Timeline
- Preliminary market engagement notice · UK2, notice 024604-2026
- Tender notice · UK4, notice 072042-2026
About the buyer
Bank of EnglandLast 12 months
Procurements
160Awards
115Suppliers it has used most for financial services
- Moody's Analytics UK Limited1 contract
- Msci Limited1 contract
- Natwest Group plc1 contract
- New Change Currency Consultants LTD1 contract
- XPS Pensions Consulting Limited1 contract
Similar open tenders
All open financial services tenders- £10.7mestimated
- £65kestimated
- £11.2mestimated
- £130mframework ceiling
- £3mframework ceiling
From notice 024604-2026 on Find a Tender, first published 18 March 2026, last updated 30 July 2026. We last checked for changes on 28 September 2026.