Award

Employee Benefits 2025 - Private Medical Insurance

PENSION PROTECTION FUND

This public procurement record has 1 release in its history.

Award

13 May 2025 at 13:54

Summary of the contracting process

The Pension Protection Fund (PPF) has completed the procurement process for its "Employee Benefits 2025 - Private Medical Insurance" contract, a one-year agreement for providing medical insurance services. Situated in the services industry category, this contract is located in London, United Kingdom, with a total value of £418,545. The procurement stage has concluded with an active award status to AXA Health Limited. The tender process was intermediated by a broker chosen through a YPO framework, marking the transition from planning and tender stages to the award made on 31 March 2024. Notably, the contract period stretches from 1 April 2025 to 31 March 2026.

This procurement presents significant business opportunities for large companies specialising in medical insurance services. While participation was orchestrated by a broker, reducing the need for direct engagement with PPF, businesses capable of offering comprehensive private medical insurance solutions can leverage such contracts to expand their portfolios and solidify partnerships within large organisations. Although the tender was not specifically noted for SME or VCSE engagement, firms with the capacity to align with brokers' frameworks and large-scale service requirements stand well-positioned in similar future procurement processes.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Employee Benefits 2025 - Private Medical Insurance

Notice Description

One year contract for the provision of private medical insurance for PPF employees.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-94759082-86c5-4a1e-89e2-bdc7ecd5531f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b1b2fecb-5e3c-4807-a99f-0e5bfb7b08b6
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 - PPF appointed a broker (via a YPO framework) to run a tender process on our behalf to select a provider for private medical insurance.
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66512220 - Medical insurance services

Notice Value(s)

Tender Value
£418,545 £100K-£500K
Lots Value
Not specified
Awards Value
£418,545 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
13 May 20259 months ago
Submission Deadline
31 Mar 2025Expired
Future Notice Date
Not specified
Award Date
31 Mar 20241 years ago
Contract Period
31 Mar 2025 - 31 Mar 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
PENSION PROTECTION FUND
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CROYDON
Postcode
CR0 2NA
Post Town
Croydon
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI62 Croydon
Delivery Location
TLI London

Local Authority
Croydon
Electoral Ward
Fairfield
Westminster Constituency
Croydon West

Supplier Information

Number of Suppliers
1
Supplier Name

AXA HEALTH

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-94759082-86c5-4a1e-89e2-bdc7ecd5531f-2025-05-13T14:54:18+01:00",
    "date": "2025-05-13T14:54:18+01:00",
    "ocid": "ocds-b5fd17-94759082-86c5-4a1e-89e2-bdc7ecd5531f",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "tender_417018/1479549",
        "title": "Employee Benefits 2025 - Private Medical Insurance",
        "description": "One year contract for the provision of private medical insurance for PPF employees.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66512220",
            "description": "Medical insurance services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "London",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 418545,
            "currency": "GBP"
        },
        "procurementMethodDetails": "Other - PPF appointed a broker (via a YPO framework) to run a tender process on our behalf to select a provider for private medical insurance.",
        "tenderPeriod": {
            "endDate": "2025-03-31T17:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2025-04-01T00:00:00+01:00",
            "endDate": "2026-03-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-41401",
            "name": "Pension Protection Fund",
            "identifier": {
                "legalName": "Pension Protection Fund"
            },
            "address": {
                "streetAddress": "Renaissance, 12 Dingwall Road",
                "locality": "Croydon",
                "postalCode": "CR0 2NA",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "commercialservices@ppf.co.uk"
            },
            "details": {
                "url": "https://www.ppf.co.uk/"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-12839134",
            "name": "AXA Health Limited",
            "identifier": {
                "legalName": "AXA Health Limited",
                "scheme": "GB-COH",
                "id": "12839134"
            },
            "address": {
                "streetAddress": "20 Gracechurch Street, LONDON, EC3V 0BG"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-41401",
        "name": "Pension Protection Fund"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-94759082-86c5-4a1e-89e2-bdc7ecd5531f-1",
            "status": "active",
            "date": "2024-03-31T00:00:00Z",
            "datePublished": "2025-05-13T14:54:18+01:00",
            "value": {
                "amount": 418545,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-12839134",
                    "name": "AXA Health Limited"
                }
            ],
            "contractPeriod": {
                "startDate": "2025-04-01T00:00:00+01:00",
                "endDate": "2026-03-31T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/b1b2fecb-5e3c-4807-a99f-0e5bfb7b08b6",
                    "datePublished": "2025-05-13T14:54:18+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}