Award

Group Income Protection Insurance

CENTRE FOR PROCESS INNOVATION LIMITED

This public procurement record has 1 release in its history.

Award

05 Oct 2021 at 15:35

Summary of the contracting process

The procurement process involves the Centre for Process Innovation Limited, which has issued a tender for providing Group Income Protection Insurance. This contract falls under the insurance services industry category and is located in the United Kingdom. The procurement method is a direct single tender action, having been awarded after a tender period that concluded on 31st July 2021. The contract is valued at £84,411.34 and spans from 1st August 2021 to 31st July 2022. The award notice was published on 5th October 2021.

This tender presents a significant opportunity for businesses that specialise in insurance services, particularly those offering group income protection solutions. Small and medium-sized enterprises (SMEs) are encouraged to consider potential partnerships or bidding strategies, as the contract was structured to allow for participation from smaller firms. Engaging with the Centre for Process Innovation Limited could lead to further collaboration in the field of insurance services, enabling business growth and enhancing service offerings.

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Notice Title

Group Income Protection Insurance

Notice Description

Provision of Group Protection Insurance for 1 year. Brokered by CPI's insurance broker appointed under framework.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-97a25c34-13bf-4a3d-90ea-990ff13059e6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/39477bac-6fe0-4655-bb97-c6d6a66d84da
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£84,411 Under £100K
Lots Value
Not specified
Awards Value
£84,411 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Oct 20214 years ago
Submission Deadline
31 Jul 2021Expired
Future Notice Date
Not specified
Award Date
30 Jul 20214 years ago
Contract Period
31 Jul 2021 - 31 Jul 2022 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
CENTRE FOR PROCESS INNOVATION LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
REDCAR
Postcode
TS10 4RF
Post Town
Cleveland
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC3 Tees Valley
Small Region (ITL 3)
TLC32 South Teesside
Delivery Location
Not specified

Local Authority
Redcar and Cleveland
Electoral Ward
Dormanstown
Westminster Constituency
Redcar

Supplier Information

Number of Suppliers
1
Supplier Name

UNUM

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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