Award

Group Life Assurance Policy (Core Benefits)

NATIONAL WEALTH FUND LIMITED

This public procurement record has 4 releases in its history.

AwardUpdate

25 Mar 2026 at 11:13

AwardUpdate

16 Dec 2025 at 11:46

AwardUpdate

19 Dec 2024 at 15:21

Award

01 Mar 2024 at 07:44

Summary of the contracting process

The tender process for the "Group Life Assurance Policy (Core Benefits)" has been managed by NATIONAL WEALTH FUND LIMITED, based in Leeds, United Kingdom. This procurement, classified under the Financial and insurance services category, was run using a selective procurement method as a call-off from a framework agreement. The tender, identified as C0435, is now complete, with key stages concluding between the tender end date on 31st August 2023 and the contract period extending from 1st September 2023 to 31st August 2026. The award was most recently updated on 25th March 2026, with Unum Limited successfully appointed as the supplier, reflecting an active contract status.

This contract offers substantial opportunities for growth, particularly for small and medium-sized enterprises (SMEs) looking to expand their offerings in the financial and insurance services sector. Given the nature of this procurement and the emphasis on a framework agreement, businesses with a strong track record in providing life assurance policies will find themselves well-positioned to deliver on contractual obligations. The focus on core benefits further underlines the importance of robust insurance solutions, making it an attractive engagement for companies seeking to enhance their portfolio in this industry space.

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How relevant is this notice?

Notice Title

Group Life Assurance Policy (Core Benefits)

Notice Description

Insurance policy in place supporting core benefits.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-fba8eaff-f4c8-455a-b906-fd73a5647059
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d935b93b-fa29-47d4-a00d-78be324f10a6
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
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£138,209 £100K-£500K
Lots Value
Not specified
Awards Value
£180,232 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Mar 20261 months ago
Submission Deadline
30 Aug 2023Expired
Future Notice Date
Not specified
Award Date
30 Aug 20232 years ago
Contract Period
31 Aug 2023 - 31 Aug 2026 3-4 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
NATIONAL WEALTH FUND LIMITED
Additional Buyers

UK INFRASTRUCTURE BANK 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
LEEDS
Postcode
LS1 4HR
Post Town
Leeds
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified

Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

Supplier Information

Number of Suppliers
1
Supplier Name

UNUM

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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