Award

Group Income Protection brokerage

GENERAL MEDICAL COUNCIL (GMC)

This public procurement record has 1 release in its history.

Award

25 Jan 2019 at 11:28

Award Notice
Summary of the contracting process

The General Medical Council (GMC) has successfully completed a procurement process for a Group Income Protection brokerage service, primarily aimed at providing employee benefits to its staff. This tender falls under the insurance services industry and was valued at £400,000 GBP. The procurement method used was an open procedure, and the contract period began on 12 December 2018 and will continue until 10 December 2021. The procurement was based in multiple locations throughout the UK, including Scotland, London, Northern Ireland, the North West, and Wales. The tender period concluded on 21 August 2018.

This contract offers significant opportunities for businesses specialising in insurance services, particularly those providing employee benefit solutions. Small and Medium Enterprises (SMEs) are encouraged to participate, as the process is geared towards fostering inclusivity within the procurement framework. Companies that can demonstrate expertise in group income protection and have the capacity to service a large client base, like the GMC with approximately 700 staff members, would be well-positioned to compete for similar contracts in the future.

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Notice Information

Notice Title

Group Income Protection brokerage

Notice Description

The GMC wishes to provide group income protection benefits to its staff as one of its employee benefits. The benefits will provide cover for the majority of staff who are currently members of the GMC Group Personal Pension plan and we have approximately half of (700 members of staff) who will be offered this benefit.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f2bec64b-4a5f-4563-a8d0-008a339a9e91
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4a65a980-8b20-4716-9edb-d54d2da50031
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 (above 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
£400,000 £100K-£500K
Lots Value
Not specified
Awards Value
£400,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Jan 20197 years ago
Submission Deadline
21 Aug 2018Expired
Future Notice Date
Not specified
Award Date
19 Dec 20187 years ago
Contract Period
12 Dec 2018 - 10 Dec 2021 2-3 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
GENERAL MEDICAL COUNCIL (GMC)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MANCHESTER
Postcode
M3 3AW
Post Town
Manchester
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD33 Manchester
Delivery Location
TLD North West (England), TLI London, TLL Wales, TLM Scotland, TLN Northern Ireland
Local Authority
Manchester
Electoral Ward
Deansgate
Westminster Constituency
Manchester Central

Supplier Information

Number of Suppliers
1
Supplier Name

MERCER

Further Information

Notice Documents

Notice URLs

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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