Award

PROCUREMENT OF THE COMPANY WIDE LIFE ASSURANCE POLICY

PEABODY TRUST

This public procurement record has 1 release in its history.

Award

30 Jul 2018 at 05:58

Summary of the contracting process

The procurement process for the "Procurement of the Company Wide Life Assurance Policy" has been completed by Peabody Trust, based in London, UK. This tender was classified under life insurance services (CPV code: 66511000) and was conducted using an open procedure. The tender period concluded on 24th July 2018, and the contract commenced on 30th July 2018, lasting until 29th June 2020. The total contract value awarded was approximately £416,588, with Omnilife Insurance Company successfully selected as the supplier.

This tender presents a significant opportunity for SMEs within the life insurance and financial services sector. Companies with expertise in providing comprehensive life assurance solutions may find this information particularly relevant for potential future contracts. Engaging with established providers like Peabody Trust could foster lucrative partnerships, enhancing business growth and networks in the competitive insurance market.

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

PROCUREMENT OF THE COMPANY WIDE LIFE ASSURANCE POLICY

Notice Description

Peabody Trust which incorporates Family Mosaic Housing and its subsidiaries ("Peabody") is seeking to appoint a single supplier to be appointed to provide life assurance to the group. This procurement is being carried out in accordance with the open procedure as set out in the Regulations.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-aeeaf45a-efc3-46ec-9b2a-27c6cccdfc4d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/460ffdcd-03a1-4edf-857b-9debca90948f
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
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
£416,588 £100K-£500K
Lots Value
Not specified
Awards Value
£416,588 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
30 Jul 20187 years ago
Submission Deadline
24 Jul 2018Expired
Future Notice Date
Not specified
Award Date
23 Jul 20187 years ago
Contract Period
29 Jul 2018 - 29 Jun 2020 1-2 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
PEABODY TRUST
Contact Name
Not specified
Contact Email
patric.lemagnen@peabody.org.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SE1 7JB
Post Town
South East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
TLI London

Local Authority
Southwark
Electoral Ward
St George's
Westminster Constituency
Bermondsey and Old Southwark

Supplier Information

Number of Suppliers
1
Supplier Name

OMNILIFE INSURANCE

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-aeeaf45a-efc3-46ec-9b2a-27c6cccdfc4d-2018-07-30T06:58:28+01:00",
    "date": "2018-07-30T06:58:28+01:00",
    "ocid": "ocds-b5fd17-aeeaf45a-efc3-46ec-9b2a-27c6cccdfc4d",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "BIP335203171",
        "title": "PROCUREMENT OF THE COMPANY WIDE LIFE ASSURANCE POLICY",
        "description": "Peabody Trust which incorporates Family Mosaic Housing and its subsidiaries (\"Peabody\") is seeking to appoint a single supplier to be appointed to provide life assurance to the group. This procurement is being carried out in accordance with the open procedure as set out in the Regulations.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66511000",
            "description": "Life insurance services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "London",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 416588,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "tenderPeriod": {
            "endDate": "2018-07-24T23:59:59+01:00"
        },
        "contractPeriod": {
            "startDate": "2018-07-30T00:00:00+01:00",
            "endDate": "2020-06-29T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-77059",
            "name": "Peabody Trust",
            "identifier": {
                "legalName": "Peabody Trust"
            },
            "address": {
                "streetAddress": "Minster Court, 45-47 Westminster Bridge Road",
                "locality": "London",
                "postalCode": "SE1 7JB",
                "countryName": "UK"
            },
            "contactPoint": {
                "email": "patric.lemagnen@peabody.org.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-92092",
            "name": "Omnilife Insurance Company",
            "identifier": {
                "legalName": "Omnilife Insurance Company"
            },
            "address": {
                "streetAddress": "One Fleet Place London EC4M 7WS"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-77059",
        "name": "Peabody Trust"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-aeeaf45a-efc3-46ec-9b2a-27c6cccdfc4d-1",
            "status": "active",
            "date": "2018-07-24T00:00:00+01:00",
            "datePublished": "2018-07-30T06:58:28+01:00",
            "value": {
                "amount": 416588.16,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-92092",
                    "name": "Omnilife Insurance Company"
                }
            ],
            "contractPeriod": {
                "startDate": "2018-07-30T00:00:00+01:00",
                "endDate": "2020-06-29T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/460ffdcd-03a1-4edf-857b-9debca90948f",
                    "datePublished": "2018-07-30T06:58:28+01:00",
                    "format": "text/html",
                    "language": "en"
                },
                {
                    "id": "2",
                    "documentType": "tenderNotice",
                    "description": "Please follow this link to view the notice.",
                    "url": "https://www.delta-esourcing.com/delta/respondToList.html?noticeId=335203171"
                }
            ]
        }
    ]
}