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Employee Benefits Broker

Pool Re Services Limited

This public procurement record has 2 releases in its history.

Award

27 May 2025 at 11:39

Award Notice
Tender

17 Dec 2024 at 14:25

Tender Notice
Summary of the contracting process

The procurement process for an Employee Benefits Broker conducted by Pool Re Services Limited, based in London, has reached the award stage. This tender falls under the Financial and Insurance Services category, with the procurement method being an open procedure above threshold. The contract has been awarded to Premier Financial Management Ltd, with a start date of 16th May 2025, and an end date of 15th May 2028. Key timelines included the tender period ending on 31st January 2025, and the award being published on 27th May 2025. The estimated contract value is £30,385.76 GBP, and this initiative primarily targets services suitable for small and medium-sized enterprises (SMEs).

This tender presents significant business growth opportunities for firms specializing in employee benefits and consulting within the financial services industry. Given its focus on providing cost-effective solutions while maintaining compliance with regulatory requirements, businesses offering innovative and expert advice on employee benefits design and administration are well-suited to compete. Although the current contract has been awarded, similar opportunities may arise regularly, benefiting firms with a track record in rendering competitive and value-driven remuneration packages aligned with industry standards.

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Notice Information

Notice Title

Employee Benefits Broker

Notice Description

Administration and procurement of Employee Benefits including workplace pension

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3f291108-dee0-45f6-bb24-d0e53366385f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/298ce5a5-461f-4ee3-9ffe-aa04e1660925
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£30,385 Under £100K
Lots Value
Not specified
Awards Value
£30,385 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
27 May 20251 years ago
Submission Deadline
31 Jan 2025Expired
Future Notice Date
Not specified
Award Date
24 Apr 20251 years ago
Contract Period
16 May 2025 - 15 May 2028 3-4 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
Pool Re Services Limited
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
EC4R 9AF
Postcode Area
Central 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
TLI London
Local Authority
City of London
Electoral Ward
Candlewick
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

Premier Financial Management Ltd

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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