Tender

University of Bristol Group Pension Plan Insurances (UBGPP)

UNIVERSITY OF BRISTOL

This public procurement record has 2 releases in its history.

TenderAmendment

16 Apr 2024 at 14:39

Tender

16 Apr 2024 at 09:24

Summary of the contracting process

The University of Bristol is seeking to procure group life assurance and group income protection for members of the University of Bristol Group Pension Plan. The contract is for a 24-month initial term with an option to extend for a further 24 months, making it potentially 48 months in total. The procurement method is an open procedure above threshold, with a tender deadline of 16th May 2024.

This tender presents opportunities for insurance and pension service providers to compete for the contract. Businesses specializing in life assurance and income protection services, particularly those with experience in the open procurement procedures, are well-suited to bid for this opportunity. The University of Bristol, located in Bristol, South West England, is the buying organization for this service procurement.

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Notice Title

University of Bristol Group Pension Plan Insurances (UBGPP)

Notice Description

The University of Bristol are looking to procure group life assurance and group income protection for members of the University of Bristol Group Pension Plan ('UBGPPP'). The requirement is as follows: Lot 1: Life Assurance: to provide a payment of 6 x salary in the event of a member death; Lot 2: Income Protection: to provide member income protection of 60 % of basic salary in the event of incapacity Additional information: Contract is a 24 month initial term followed by option to extend by a further 24 months. Potential contract 48 months in total. Prior to the 48 months the intention is to re-procure the requirement before expiry of the contract being tendered.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b8edc8b4-67e7-4a1a-b008-6d249d0204eb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/94466cb1-c21e-4e53-963e-7dce641559d0
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66500000 - Insurance and pension services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
16 Apr 20241 years ago
Submission Deadline
16 May 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
21 Jul 2024 - 21 Jul 2028 4-5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
UNIVERSITY OF BRISTOL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BRISTOL
Postcode
BS1 5DS
Post Town
Bristol
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK5 West of England
Small Region (ITL 3)
TLK51 Bristol, City of
Delivery Location
TLK South West (England)

Local Authority
Bristol, City of
Electoral Ward
Central
Westminster Constituency
Bristol Central

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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