Tender

Provision of Group Income Protection Insurance

OFCOM

This public procurement record has 1 release in its history.

Tender

17 May 2023 at 14:21

Summary of the contracting process

The OFCOM, a public body governed by public law and the UK Communications Regulator, has published a tender for the provision of Group Income Protection Insurance services. The tender, with ID C20231590, involves insurance and pension services in the UK and has an active status. The contract period runs from 1 January 2024 to 31 December 2026, with an optional extension. The submission deadline for electronic and written bids is 16 June 2023, and the bid validity period is 120 days from the same date.

This procurement opportunity by OFCOM for Group Income Protection Insurance services presents a chance for insurance companies and pension service providers to compete. Businesses in the insurance sector, particularly those experienced in providing income protection services, are well-suited to bid for this contract. The tender process is currently at the planning stage, allowing prospective vendors considerable time to prepare and submit their bids before the submission deadline of 16 June 2023.

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Notice Title

Provision of Group Income Protection Insurance

Notice Description

Provision of Group Income Protection Insurance for up to 3 years

Lot Information

Lot 1

Provision of Group Income Protection insurance from 1 January 2024 to 31 December 2026

Options: Option to extend the contract period by up to 12 months at Ofcom's sole discretion

Renewal: The contract will include provision to extend the contract period by up to 12 months to 31 December 2026 at Ofcom's sole discretion.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03cd44
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/014090-2023
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
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

66510000 - Insurance services

Notice Value(s)

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

Notice Dates

Publication Date
17 May 20232 years ago
Submission Deadline
16 Jun 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Jan 2024 - 31 Dec 2025 2-3 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
OFCOM
Contact Name
Mark Lundy
Contact Email
mark.lundy@ofcom.org.uk
Contact Phone
+44 2079813000

Buyer Location

Locality
LONDON
Postcode
SE1 9HA
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
Borough & Bankside
Westminster Constituency
Bermondsey and Old Southwark

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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