Award

GLA 82052 - Pensions Salary Sacrifice

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

17 Oct 2022 at 11:11

Award Notice
Summary of the contracting process

Transport for London has awarded a contract for Pensions Salary Sacrifice services. The procurement method used was direct with a single tender action below threshold. The contract value is 70,000 GBP, and the contract period is from 5th October 2022 to 31st March 2028. The tender was located in London, United Kingdom, with the tender period ending on 1st September 2022.

This opportunity is suitable for small and medium-sized enterprises (SMEs) as indicated by the suitability criteria. Businesses in the financial loss insurance services industry category could explore collaborating with Transport for London. AVC WISE LIMITED has been awarded the contract and has the potential for business growth through this procurement. Companies with experience in providing financial loss insurance services could find this tender an ideal opportunity to expand their operations.

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Notice Information

Notice Title

GLA 82052 - Pensions Salary Sacrifice

Notice Description

Pensions Salary Sacrifice

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-07523b68-2989-4bb7-88eb-92ca722cbf0a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/45f931c9-7110-49b2-9479-ce1a23ccd8d0
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66515410 - Financial loss insurance services

Notice Value(s)

Tender Value
£70,000 Under £100K
Lots Value
Not specified
Awards Value
£70,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Oct 20223 years ago
Submission Deadline
31 Aug 2022Expired
Future Notice Date
Not specified
Award Date
31 Aug 20223 years ago
Contract Period
4 Oct 2022 - 31 Mar 2028 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
TRANSPORT FOR LONDON
Contact Name
Not specified
Contact Email
commercialcoe@tfl.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
E16 1ZE
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
TLI London
Local Authority
Newham
Electoral Ward
Royal Victoria
Westminster Constituency
West Ham and Beckton

Supplier Information

Number of Suppliers
1
Supplier Name

AVC WISE

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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