Award

Pension Scheme (Defined Contribution) and Additional Benefits

NORTH WESTERN UNIVERSITIES PURCHASING CONSORTIUM

This public procurement record has 1 release in its history.

Award

20 Jun 2025 at 16:14

Award Notice
Summary of the contracting process

The North Western Universities Purchasing Consortium (NWUPC) has successfully completed the procurement process for the establishment of a Framework Agreement for a Defined Contribution Master Trust Pension Scheme and additional employee benefits. This process was managed as an open procedure under the Public Contracts Regulations 2015, involving cooperation with the UCEA and targeting members of several university purchasing consortia, namely APUC, HEPCW, LUPC, NEUPC, NWUPC, and SUPC. The awarded contract, specifically for Lots 1 and 2, covers Group Life Assurance and Income Protection services, valued at £19 million with Aviva Life & Pensions UK Limited as the supplier. The contract will run from 1st June 2025 through to 30th April 2032, serving locations including the United Kingdom, Europe, and various overseas territories.

This tender presents significant growth opportunities for businesses involved in pension services, insurance, and employee benefits management. Companies with expertise in delivering comprehensive pension schemes and group life assurance, particularly those with robust digital platforms for benefits management, are well-suited to compete. Although the tender process has concluded for these lots, firms looking to expand into university sector engagements or enhance their portfolio in defined contribution pension offerings might still explore potential partnerships with the awarded parties or look forward to the upcoming tender for Lot 3, which is yet to be awarded.

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Notice Information

Notice Title

Pension Scheme (Defined Contribution) and Additional Benefits

Notice Description

NWUPC in conjunction with UCEA has a requirement to establish a Framework Agreement for the provision of a Defined Contribution Master Trust Pension Scheme and Employee Benefits including Group Life Assurance, Group Income Protection and the provision of a customisable benefits platform for the management of employee benefits through a single centralised portal. NWUPC is establishing the Framework Agreement as a central purchasing body for itself and its Members (Other Contracting Bodies (OCB)). NWUPC is managing this procurement process in accordance with the Public Contracts Regulations 2015 (the "Regulations") on behalf of members of APUC, HEPCW, LUPC, NEUPC, NWUPC and SUPC. The Framework Agreement will be split into three lots as follows: Lot 1 - Defined Contribution Pension Scheme (Master Trust) Lot 2 - Group Life Assurance & Group Income Protection Lot 3 - Flexible Benefits Platform Please note that this notice relates only to the award of Lots 1 & 2 of this tender exercise. The award process for Lot 3 Flexible Benefits Platform has not been concluded and, as such, will be covered in a separate contract award notice in line with the conclusion of the contract.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-20d8b57c-fc59-435a-b492-f6e8394e0f23
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/20897472-f72c-4fde-9bcd-5a6f1be25240
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

66 - Financial and insurance services

75 - Administration, defence and social security services

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

48000000 - Software package and information systems

66131100 - Pension investment services

66141000 - Pension fund management services

66510000 - Insurance services

66511000 - Life insurance services

66512000 - Accident and health insurance services

66520000 - Pension services

66522000 - Group pension services

66523100 - Pension fund administration services

75310000 - Benefit services

79900000 - Miscellaneous business and business-related services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£19,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
20 Jun 20258 months ago
Submission Deadline
17 Mar 2025Expired
Future Notice Date
Not specified
Award Date
28 May 20259 months ago
Contract Period
31 May 2025 - 30 Apr 2032 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
NORTH WESTERN UNIVERSITIES PURCHASING CONSORTIUM
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SALFORD
Postcode
M6 6FP
Post Town
Manchester
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD34 Greater Manchester South West
Delivery Location
Not specified
Local Authority
Salford
Electoral Ward
Pendleton & Charlestown
Westminster Constituency
Salford

Supplier Information

Number of Suppliers
1
Supplier Name

AVIVA LIFE & PENSIONS

Further Information

Notice URLs

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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