Award

HS2 Ltd Core Life Assurance Cover 2021/22

HS2

This public procurement record has 1 release in its history.

Award

01 Apr 2021 at 11:30

Award Notice
Summary of the contracting process

HS2 Ltd is seeking to award a contract for the provision of Group Life Assurance services for its employees for the 2021/22 financial year, with the contract period running from 1st April 2021 to 31st March 2022. The procurement method employed is a limited tender, specifically competitive quotations below threshold, and the tender was concluded on 3rd March 2021. This contract, valued at £293,648, falls under the life insurance services industry category and the delivery will be focused in the West Midlands, United Kingdom.

This tender presents significant opportunities for businesses involved in insurance services, particularly those that can offer competitive quotations and are able to meet the specifications outlined by HS2. Given that this requirement is registered as being suitable for specialised suppliers rather than small to medium enterprises, larger insurance providers with the capacity to manage group policies effectively will be well-positioned to compete for this contract.

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Notice Information

Notice Title

HS2 Ltd Core Life Assurance Cover 2021/22

Notice Description

HS2 provides Group Life Assurance to its employees through an Excepted Group Life scheme, as part of its flexible benefit scheme offered to employees. This requirement is to provide cover from 1st April 2021 until 31st March 2022

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-58beb13c-65c6-4c9c-a410-9b2f73dd90d3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fb911b1a-ae7f-4e62-9953-b3a21db7cd96
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66511000 - Life insurance services

Notice Value(s)

Tender Value
£293,648 £100K-£500K
Lots Value
Not specified
Awards Value
£293,648 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
1 Apr 20214 years ago
Submission Deadline
3 Mar 2021Expired
Future Notice Date
Not specified
Award Date
26 Mar 20214 years ago
Contract Period
31 Mar 2021 - 31 Mar 2022 6-12 months
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
HS2
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BIRMINGHAM
Postcode
B4 6GA
Post Town
Birmingham
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
TLG West Midlands (England)
Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

ZURICH INSURANCE

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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