Award

Group Life Assurance Brokerage

GENERAL MEDICAL COUNCIL (GMC)

This public procurement record has 2 releases in its history.

Award

21 Feb 2025 at 11:38

Tender

08 Mar 2024 at 12:02

Summary of the contracting process

The General Medical Council (GMC) is initiating a tender for Group Life Assurance Brokerage, with a focus on financial and insurance services. This procurement process involves providing group life assurance benefits to GMC staff, estimated at 1,700 individuals who are members of the GMC Pension plan. The present contract concludes on 14 June 2024. This tender, falling under the industry category of financial and insurance services, follows an open procurement procedure and is designated to cover the region of the UK. The procurement stage is currently active with key dates including the tender period ending on 12 April 2024 at noon, and submissions should be made electronically. Award notifications are expected to start concurrently with the tender period close date.

This tender offers significant business growth opportunities, particularly for companies specialising in financial and insurance services. Large firms with robust market knowledge, operational prowess, and capacity for effective account management and contract implementation are well-suited to compete. Smaller firms, particularly SMEs, also have a chance, as evidenced by previous active participation. The inclusion of social value criteria further allows businesses to highlight their commitment to broader societal contributions. Companies capable of delivering competitive pricing alongside quality proposals will be favoured in this procurement opportunity.

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Notice Title

Group Life Assurance Brokerage

Notice Description

The GMC wishes to provide group life assurance 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 Pension plan, estimated at 1,700 individuals. This is an existing employee benefit and our current contract ends on 14 June 2024

Lot Information

Lot 1

The GMC wishes to provide group life assurance 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 Pension plan, estimated at 1,700 individuals. This is an existing employee benefit and our current contract ends on 14 June 2024

Renewal: Twelve months

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0446c4
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/006626-2025
Current Stage
Award
All Stages
Tender, Award

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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£1,000,000 £1M-£10M
Lots Value
£1,000,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£800,000 £500K-£1M

Notice Dates

Publication Date
21 Feb 20251 years ago
Submission Deadline
12 Apr 2024Expired
Future Notice Date
Not specified
Award Date
12 Jun 20241 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
GENERAL MEDICAL COUNCIL (GMC)
Contact Name
Not specified
Contact Email
gmctenders@gmc-uk.org
Contact Phone
+44 1619236340

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
Not specified

Local Authority
Manchester
Electoral Ward
Deansgate
Westminster Constituency
Manchester Central

Supplier Information

Number of Suppliers
1
Supplier Name

AON SOLUTIONS

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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