Tender

Provision of Life Assurance

NATIONAL AUDIT OFFICE

This public procurement record has 2 releases in its history.

TenderAmendment

14 Jul 2019 at 02:31

Tender

13 Jul 2019 at 14:00

Summary of the contracting process

The National Audit Office is seeking tenders for the "Provision of Life Assurance" as part of an open procurement process. This tender falls within the services category, specifically focusing on life insurance services (CPV code 66511000). The submission deadline is set for 9th August 2019, with the contract period commencing on 2nd September 2019 and running until 1st September 2025. The services are to be delivered across multiple locations including the UK, British Overseas Territories, Channel Islands, and Europe.

This tender presents significant opportunities for businesses looking to expand their portfolio in employee benefits, particularly in the life insurance sector. Companies with expertise in providing life assurance services, as well as those skilled in enhancing employee engagement and motivation through benefits programmes, are well-positioned to compete. Given the size of the contract, with an estimated value of £200,000, this could be an advantageous contract for larger enterprises or those with a robust capacity to manage comprehensive life insurance offerings.

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Notice Title

Provision of Life Assurance

Notice Description

Text to be corrected in the original notice: Place of text to be modified: II 1.5) Estimated total value value excluding VAT Instead of: 166,665 Read: 200,000 Other additional information: Any selection of tenderers will be based solely on the criteria set out for the procurement. Life assurance forms one of the NAO's longstanding employee benefits. Providing benefits is an important part of increasing employee motivation and engagement to deliver our strategic objectives. It is a long standing benefit of more than 11 years and is universal.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-42ffb26d-d5fe-44e4-9d59-e8672319785f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/87f53868-3e89-47df-8d29-b3dccc9b94b7
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66511000 - Life insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
14 Jul 20196 years ago
Submission Deadline
9 Aug 2019Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Sep 2019 - 1 Sep 2025 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NATIONAL AUDIT OFFICE
Contact Name
Not specified
Contact Email
z3-procurement@nao.org.uk
Contact Phone
+442077987372

Buyer Location

Locality
VICTORIA
Postcode
SW1W 9SP
Post Town
South West 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
Not specified

Local Authority
Westminster
Electoral Ward
Pimlico North
Westminster Constituency
Cities of London and Westminster

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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