Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

Provision of a Group Life Master Trust

National Oceanography Centre

This public procurement record has 1 release in its history.

Award

15 Jan 2026 at 11:06

Award Notice
Summary of the contracting process

The National Oceanography Centre has completed the procurement process for the "Provision of a Group Life Master Trust" under the PFB3038NW Employee Benefits Framework. This contract, classified under life insurance services, has been awarded to AVIVA LIFE & PENSIONS UK LIMITED for a maximum value of £700,000 over a contract period from 1 January 2026 to 31 December 2032. The procurement method used was selective, specifically a call-off from a framework agreement. The procurement stage is currently set as 'award', with the award published on 15 January 2026. The delivery addresses for this contract are extensive, covering numerous territories and countries worldwide, ensuring a broad service impact.

This tender represents a significant opportunity for businesses specializing in life insurance services, particularly those accustomed to handling extensive portfolio management across multiple territories. Large-scale enterprises equipped to provide comprehensive employee benefits solutions are best positioned to leverage this contract for business growth. The successful integration into such a framework could enhance their service offerings and foster long-term partnerships, emphasising global reach and logistical capabilities in insurance solutions. Despite the contract being awarded to a large supplier, other similar opportunities in this sector could arise, prompting SMEs in related industries to align with larger firms or prepare for future tenders.

How relevant is this notice?

Notice Information

Notice Title

Provision of a Group Life Master Trust

Notice Description

This contract has been awarded under the PFB3038NW Employee Benefits Framework Lot 2 via direct award. The contract provides for a Group Life Master Trust arrangement deliver death in service benefits for the NOC.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-eda96b29-fda8-4960-a385-8fecb1cd5c18
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ca268583-7f1f-481d-8280-75abea7f60e1
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
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
£700,000 £500K-£1M
Lots Value
Not specified
Awards Value
£700,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
15 Jan 20267 months ago
Submission Deadline
1 Dec 2025Expired
Future Notice Date
Not specified
Award Date
1 Jan 20267 months ago
Contract Period
1 Jan 2026 - 31 Dec 2032 Over 5 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
National Oceanography Centre
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SOUTHAMPTON
Postcode
SO14 3ZH
Postcode Area
Southampton
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ32 Southampton
Delivery Location
Not specified
Local Authority
Southampton
Electoral Ward
Bargate
Westminster Constituency
Southampton Itchen

Supplier Information

Number of Suppliers
1
Supplier Name

Aviva Life & Pensions UK Limited

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...