Award

Life Insurance

NATIONAL AUDIT OFFICE

This public procurement record has 1 release in its history.

Award

21 Apr 2017 at 10:40

Award Notice
Summary of the contracting process

The National Audit Office, located in London, has recently completed the procurement process for life insurance services, with a total value of £37,150. This tender, identified as "Life Insurance," was initiated on 23rd June 2016, marking the end of the tender period on the same date, with the contract period running from 23rd July 2016 to 22nd July 2018. This procurement followed an "Other" method, indicating a non-standard procurement process.

This opportunity could foster business growth particularly for large insurance firms or those with significant experience in life insurance services. Competitors in the sector, especially established companies like Aviva, which supplied the contract, may have an advantage due to their existing capabilities and market presence. For smaller or emerging businesses with innovative approaches to life insurance, this could be a chance to develop collaborative partnerships or devise tailored services that meet the specific needs of public organisations.

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Notice Information

Notice Title

Life Insurance

Notice Description

Life Insurance

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-07ad04c6-b45e-49e4-831d-21bfff9fed58
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8dba8eb6-989b-41fc-a3a8-1c6976bcfa3d
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66511000 - Life insurance services

Notice Value(s)

Tender Value
£37,150 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
21 Apr 20178 years ago
Submission Deadline
23 Jun 2016Expired
Future Notice Date
Not specified
Award Date
22 Jun 20169 years ago
Contract Period
22 Jul 2016 - 22 Jul 2018 1-2 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
NATIONAL AUDIT OFFICE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1W 9SP
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
Pimlico North
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

AVIVA

Further Information

Notice Documents

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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