Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

UWQ278 - Employee Benefits - AWARD

University of Worcester

This public procurement record has 1 release in its history.

Award

20 Nov 2024 at 12:12

Award Notice
Summary of the contracting process

The University of Worcester is conducting a procurement process for an employee benefits and reward and recognition scheme, identified as UWQ278 - Employee Benefits - AWARD. The procurement falls under the industry category of Benefit services (CPV 75310000) and is situated at the University of Worcester with an address in Worcester, UK. The procurement stage is at the Award phase, and the contract is set to start on 20 January 2025 and conclude on 31 January 2029. The process followed a restricted procedure (selective method), and the award was granted on 3 October 2024, with the contract valued at £298,000 GBP. The tender involved multiple delivery addresses, including British Overseas Territories, Channel Islands, Europe, Isle of Man, Rest of the World, and the United Kingdom.

This tender represents a substantial opportunity for businesses in the employee benefits sector, particularly those capable of handling benefits schemes with wide geographic coverage. Although not directly aimed at SMEs or VCSEs, the contract provides a stable, long-term partnership with a reputable institution like the University of Worcester. Businesses specialising in international benefit services with experience in complex reward systems would be well-suited to benefit from and compete in such a tender. Furthermore, partnering with a reputable academic institution could enhance a business's portfolio and market standing.

How relevant is this notice?

Notice Information

Notice Title

UWQ278 - Employee Benefits - AWARD

Notice Description

The University of Worcester is tendering for an employee benefits and reward and recognition scheme.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3b194158-dbc7-4c29-a108-1a64ed5c91d7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/77d70c45-0eae-4466-abf1-974ff44383e5
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

75 - Administration, defence and social security services

CPV Codes

75310000 - Benefit services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£298,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
20 Nov 20241 years ago
Submission Deadline
28 Jun 2024Expired
Future Notice Date
Not specified
Award Date
3 Oct 20241 years ago
Contract Period
20 Jan 2025 - 31 Jan 2029 4-5 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
University of Worcester
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WORCESTER
Postcode
WR2 6AJ
Postcode Area
Worcester
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG1 Herefordshire, Worcestershire and Warwickshire
Small Region (ITL 3)
TLG12 Worcestershire CC
Delivery Location
Not specified
Local Authority
Worcester
Electoral Ward
St Clement
Westminster Constituency
Worcester

Supplier Information

Number of Suppliers
1
Supplier Name

SME HCI Ltd (trading as Vivup)

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...