Award

Group Income Protection

RESTORATION & RENEWAL DELIVERY AUTHORITY LTD

This public procurement record has 1 release in its history.

Award

25 Aug 2023 at 13:55

Award Notice
Summary of the contracting process

The Restoration & Renewal Delivery Authority Ltd has awarded a contract for the provision of Group Income Protection services. The procurement process was completed under the "Other - Broker Services" method. The contract, worth £100,000 GBP, was awarded to AIG Life Limited. The contract period is from September 1, 2023, to August 31, 2026. The tender period ended on May 30, 2023. The location for service delivery is in London, United Kingdom.

This tender presents an opportunity for businesses in the life insurance services sector to engage in the provision of Group Income Protection services. Small and medium enterprises (SMEs) and voluntary, community, and social enterprise sector (VCSE) organisations are deemed suitable to participate. Businesses interested in providing insurance services within the specified contract period and meeting the required criteria should consider engaging with the Restoration & Renewal Delivery Authority Ltd for potential future contracting opportunities.

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Notice Information

Notice Title

Group Income Protection

Notice Description

Award of Group Income Protection policy for R&R procured through insurance broker Marsh Mercer.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-712d3f2a-9cba-4fb7-a3f0-f297f76417a7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/84b0c427-9283-4068-84d4-e41be3e9b43a
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Broker Services
Tender Suitability
SME, VCSE
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
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
£100,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Aug 20232 years ago
Submission Deadline
30 May 2023Expired
Future Notice Date
Not specified
Award Date
23 Aug 20232 years ago
Contract Period
31 Aug 2023 - 31 Aug 2026 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
RESTORATION & RENEWAL DELIVERY AUTHORITY LTD
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
SW1A 0AA
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
TLI London
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

AIG LIFE

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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