Summary of the contracting process

Pool Re Services Limited is inviting tenders for the role of Employee Benefits Broker, focusing on the financial and insurance services industry category. This procurement process is being conducted through an open procedure, facilitating competitive bidding above the threshold. The services required include the design, procurement, implementation, communication, and administration of employee benefits for approximately 55 permanent staff members, with the office located in London, United Kingdom. The tender process is currently active, with the tender period ending on 31 January 2025 at 14:00. The resultant contract is expected to commence on 1 April 2025 and will run until 31 March 2028.

This tender presents a significant opportunity for businesses specialising in financial and insurance services, particularly those offering comprehensive employee benefits solutions. Small and Medium-sized Enterprises (SMEs) are encouraged to participate, as their innovative and cost-effective approaches can contribute greatly to Pool Re's objectives. The winning supplier will be responsible for ensuring Pool Re remains competitive in employee remuneration and benefits, aligning with industry trends and regulatory requirements. Businesses adept at providing thorough research, benchmarking, and value-driven proposals will find this tender especially advantageous for growth and market positioning.

Tender

Employee Benefits Broker

POOL RE SERVICES

Contract Timeline

Publication Date

17th December 2024 14:25:08 PM

Tender Deadline

31st January 2025 14:00:00 PM 40 days remaining
Contract Summary

Pool Re are procuring for a single Supplier for the design, procurement, implementation, communication and administration of Employee Benefits. Pool Re have approximately 55 permanent members of staff. The Supplier shall provide professional advice on benefits to find cost-effective and fully-compliant solutions for Pool Re's business needs within the Framework agreement between the Company and HM Treasury. Within the service provision there should be an ongoing review of benefits offered in line with the changing needs of the workforce and industry trends, together with regulatory requirements. Regular employee benefit benchmarking against other relevant organisations should ensure that Pool Re's remuneration package remains competitive for recruitment and retention, and proposals for new benefits are thoroughly researched and provide value for money. Pool Re do not require a Benefits Platform, as this is being provided via our newly procured HR system. Further requirements can be found in the tender documentation.
Contract Details

Open Contracting ID

ocds-b5fd17-3f291108-dee0-45f6-bb24-d0e53366385f

Publication Source

Contracts Finder

Procurement Stage

Tender

Procurement Method

Open

Procurement Method Details

Open Procedure (above Threshold)

Procurement Category

Services

Tender Suitability

SME

Framework / DPS

Framework
Contract Classification

CPV Code(s)

66000000

CPV Division(s)

66 - Financial and insurance services
Awarding Authority

POOL RE SERVICES

Buyer Name

Commercial Services

Buyer Email

commercialservices@poolre.co.uk

Buyer Phone

Buyer Address

Pool Re Services Limited

London

EC4R 9AF

England

View contract on Contracts Finder

Employee Benefits Broker

POOL RE SERVICES

Contract Timeline

Contract Summary

Contract Details

Contract Classification

Awarding Authority