Award

BPDTS Ltd Employee Insurances

DEPARTMENT FOR WORK AND PENSIONS

This public procurement record has 1 release in its history.

Award

21 Dec 2018 at 11:15

Award Notice
Summary of the contracting process

The Department for Work and Pensions initiated a tender for the "BPDTS Ltd Employee Insurances" contract, which involves a Group Income Protection and MetLife Group Life policy. This procurement falls under the financial and insurance services industry category, with a total value of £3,000,000. The procurement process, conducted through a selective method, was completed with the awarding of the contract to Metlife on December 14, 2018. The contract period spans from December 14, 2018, to December 13, 2021, and the tendering phase concluded on December 14, 2018.

This tender offers significant opportunities for businesses in the insurance and financial services sector, particularly for small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs). Companies with expertise in group insurance products and tailored financial solutions would be well-suited to compete in similar future tenders, tapping into a substantial public sector market looking for comprehensive employee insurance services.

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Notice Information

Notice Title

BPDTS Ltd Employee Insurances

Notice Description

Group Income Protection/MetLife Group Life policy

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5ad344bb-ce5b-4b4c-b04b-f5cf140d2450
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/366eb9ca-fb78-4843-82d4-60c5c5db4c95
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£3,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£3,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
21 Dec 20187 years ago
Submission Deadline
14 Dec 2018Expired
Future Notice Date
Not specified
Award Date
14 Dec 20187 years ago
Contract Period
14 Dec 2018 - 13 Dec 2021 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
DEPARTMENT FOR WORK AND PENSIONS
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
SW1H 9NA
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
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

METLIFE

Further Information

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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