Award

GB-Sheffield: Life insurance Policy - Benefits Portal

BRITISH BUSINESS BANK

This public procurement record has 1 release in its history.

Award

11 Dec 2024 at 16:10

Summary of the contracting process

The British Business Bank has awarded a contract titled "GB-Sheffield: Life insurance Policy - Benefits Portal", categorised under health insurance services (CPV: 66512200) and additional insurance services (CPV: 66510000). The procurement is now at the award stage, having been completed as of 31st August 2024. The contract period commences on 1st September 2024 and concludes on 31st August 2025. The contract is valued at £60,894 GBP and includes delivery addresses across the British Overseas Territories, Channel Islands, Europe, Isle of Man, the Rest of the World, and the United Kingdom. The buying organisation, British Business Bank, is located at Steel City House, West Street, Sheffield, UK, and can be contacted via email at joshua.macgillivray@british-business-bank.co.uk or telephone on 01142062145. The contracted supplier is yu life, headquartered at 12 Mallow Street, London, EC1Y 8RQ.

This tender presents significant business growth opportunities, particularly for those specialising in the insurance and benefits portal industry. While it is not suitable for SMEs, it is open to VCSEs. Companies capable of providing comprehensive health and insurance services on a large scale, particularly those with the infrastructure to support international delivery, would be well-suited to compete for similar tenders in the future. Engaging in such contracts can bolster a company’s portfolio and expand its market reach.

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Notice Title

GB-Sheffield: Life insurance Policy - Benefits Portal

Notice Description

Benefits portal to accompany BBB life insurance policy

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-11ea8ca1-cdf9-484a-9462-e5edfaefee35
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/94e77272-269c-4fed-bc65-b0b15d522243
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
Not specified
Tender Suitability
VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

66512200 - Health insurance services

Notice Value(s)

Tender Value
£60,894 Under £100K
Lots Value
Not specified
Awards Value
£60,894 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
11 Dec 20241 years ago
Submission Deadline
30 Aug 2024Expired
Future Notice Date
Not specified
Award Date
30 Aug 20241 years ago
Contract Period
31 Aug 2024 - 31 Aug 2025 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
BRITISH BUSINESS BANK
Contact Name
Procurement
Contact Email
joshua.macgillivray@british-business-bank.co.uk
Contact Phone
01142062145

Buyer Location

Locality
SHEFFIELD
Postcode
S1 2GQ
Post Town
Sheffield
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
Not specified

Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

YU LIFE

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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