Notice Information
Notice Title
University of Bristol Group Pension Plan Insurances (UBGPP)
Notice Description
The University of Bristol have awarded 2 contracts for group life assurance and group income protection for members of the University of Bristol Group Pension Plan ('UBGPPP'). The requirement is as follows: Lot 1: Life Assurance: to provide a payment of 6 x salary in the event of a member death; Lot 2: Income Protection: to provide member income protection of 60 % of basic salary in the event of incapacity
Lot Information
Life Assurance
Lot 1: Life Assurance: to provide a payment of 6 x salary in the event of a member death; Additional information: Contract is a 24 month initial term followed by option to extend by a further 24 months. Potential contract 48 months in total.
Renewal: Contract is a 24 month initial term followed by option to extend by a further 24 months. Potential contract 48 months in total. Prior to the 48 months the intention is to re-procure the requirement before expiry of the contract being tendered.
Income Protection InsuranceTo provide members income protection of 60 % of basic salary in the event of incapacity. Additional information: Contract is a 24 month initial term followed by option to extend by a further 24 months. Potential contract 48 months in total.
Renewal: Contract is a 24 month initial term followed by option to extend by a further 24 months. Potential contract 48 months in total. Prior to the 48 months the intention is to re-procure the requirement before expiry of the contract being tendered.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-045281
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/022877-2024
- 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
66500000 - Insurance and pension services
Notice Value(s)
- Tender Value
- £5,000,000 £1M-£10M
- Lots Value
- £5,000,000 £1M-£10M
- Awards Value
- Not specified
- Contracts Value
- £2,500,000 £1M-£10M
Notice Dates
- Publication Date
- 23 Jul 20241 years ago
- Submission Deadline
- 16 May 2024Expired
- Future Notice Date
- Not specified
- Award Date
- 15 May 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
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- UNIVERSITY OF BRISTOL
- Contact Name
- Not specified
- Contact Email
- qq23366@bristol.ac.uk
- Contact Phone
- +44 01179289000
Buyer Location
- Locality
- BRISTOL
- Postcode
- BS1 5DS
- Post Town
- Bristol
- Country
- England
-
- Major Region (ITL 1)
- TLK South West (England)
- Basic Region (ITL 2)
- TLK5 West of England
- Small Region (ITL 3)
- TLK51 Bristol, City of
- Delivery Location
- Not specified
-
- Local Authority
- Bristol, City of
- Electoral Ward
- Central
- Westminster Constituency
- Bristol Central
Further Information
Notice URLs
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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.
{
"tag": [
"compiled"
],
"id": "ocds-h6vhtk-045281-2024-07-23T15:15:29+01:00",
"date": "2024-07-23T15:15:29+01:00",
"ocid": "ocds-h6vhtk-045281",
"description": "Contract is a 24 month initial term followed by option to extend by a further 24 months. Potential contract 48 months in total. PS5M Contract Notice figure is based on the estimated cost of both Lots going to full 4 years (2+2).",
"initiationType": "tender",
"tender": {
"id": "ocds-h6vhtk-045281",
"legalBasis": {
"id": "32014L0024",
"scheme": "CELEX"
},
"title": "University of Bristol Group Pension Plan Insurances (UBGPP)",
"status": "complete",
"classification": {
"scheme": "CPV",
"id": "66500000",
"description": "Insurance and pension services"
},
"mainProcurementCategory": "services",
"description": "The University of Bristol have awarded 2 contracts for group life assurance and group income protection for members of the University of Bristol Group Pension Plan ('UBGPPP'). The requirement is as follows: Lot 1: Life Assurance: to provide a payment of 6 x salary in the event of a member death; Lot 2: Income Protection: to provide member income protection of 60 % of basic salary in the event of incapacity",
"value": {
"amount": 5000000,
"currency": "GBP"
},
"lotDetails": {
"maximumLotsAwardedPerSupplier": 2,
"awardCriteriaDetails": "Lot 1: Life Assurance Lot 2: Income Protection"
},
"lots": [
{
"id": "1",
"title": "Life Assurance",
"description": "Lot 1: Life Assurance: to provide a payment of 6 x salary in the event of a member death; Additional information: Contract is a 24 month initial term followed by option to extend by a further 24 months. Potential contract 48 months in total.",
"value": {
"amount": 2500000,
"currency": "GBP"
},
"contractPeriod": {
"durationInDays": 720
},
"hasRenewal": true,
"renewal": {
"description": "Contract is a 24 month initial term followed by option to extend by a further 24 months. Potential contract 48 months in total. Prior to the 48 months the intention is to re-procure the requirement before expiry of the contract being tendered."
},
"submissionTerms": {
"variantPolicy": "notAllowed"
},
"hasOptions": false,
"status": "cancelled",
"awardCriteria": {
"criteria": [
{
"type": "price"
}
]
}
},
{
"id": "2",
"title": "Income Protection Insurance",
"description": "To provide members income protection of 60 % of basic salary in the event of incapacity. Additional information: Contract is a 24 month initial term followed by option to extend by a further 24 months. Potential contract 48 months in total.",
"value": {
"amount": 2500000,
"currency": "GBP"
},
"contractPeriod": {
"durationInDays": 720
},
"hasRenewal": true,
"renewal": {
"description": "Contract is a 24 month initial term followed by option to extend by a further 24 months. Potential contract 48 months in total. Prior to the 48 months the intention is to re-procure the requirement before expiry of the contract being tendered."
},
"submissionTerms": {
"variantPolicy": "notAllowed"
},
"hasOptions": false,
"status": "cancelled",
"awardCriteria": {
"criteria": [
{
"type": "price"
}
]
}
}
],
"items": [
{
"id": "1",
"additionalClassifications": [
{
"scheme": "CPV",
"id": "66500000",
"description": "Insurance and pension services"
}
],
"deliveryAddresses": [
{
"region": "UK"
},
{
"region": "UK"
}
],
"deliveryLocation": {
"description": "Bristol"
},
"relatedLot": "1"
},
{
"id": "2",
"additionalClassifications": [
{
"scheme": "CPV",
"id": "66500000",
"description": "Insurance and pension services"
}
],
"deliveryAddresses": [
{
"region": "UK"
},
{
"region": "UK"
}
],
"deliveryLocation": {
"description": "Bristol"
},
"relatedLot": "2"
}
],
"submissionMethod": [
"electronicSubmission",
"written"
],
"submissionMethodDetails": "https://tenders.bris.ac.uk",
"selectionCriteria": {
"criteria": [
{
"type": "suitability",
"description": "List and brief description of conditions Service providers must be insurance companies regulated by the Financial Conduct Authority and Market Act2000, Insurance Companies Act 1982 and any other statutory modifications. The insurer shall be authorised to write the classes of insurance required and be subject to English law and jurisdiction of English Courts. This tender does not include a requirement for any insurance broking services.",
"appliesTo": [
"supplier"
]
}
]
},
"documents": [
{
"id": "economic",
"documentType": "economicSelectionCriteria"
},
{
"id": "technical",
"documentType": "technicalSelectionCriteria"
}
],
"procurementMethod": "open",
"procurementMethodDetails": "Open procedure",
"coveredBy": [
"GPA"
],
"tenderPeriod": {
"endDate": "2024-05-16T12:00:00+01:00"
},
"submissionTerms": {
"languages": [
"en"
],
"bidValidityPeriod": {
"durationInDays": 90
}
},
"awardPeriod": {
"startDate": "2024-04-16T12:00:00+01:00"
},
"bidOpening": {
"date": "2024-04-16T12:00:00+01:00"
},
"hasRecurrence": true,
"contractTerms": {
"hasElectronicOrdering": true,
"electronicInvoicingPolicy": "allowed",
"hasElectronicPayment": true
}
},
"parties": [
{
"id": "GB-FTS-1015",
"name": "University of Bristol",
"identifier": {
"legalName": "University of Bristol"
},
"address": {
"streetAddress": "4th Floor, Augustine's Courtyard, Orchard Lane",
"locality": "Bristol",
"region": "UK",
"postalCode": "BS1 5DS",
"countryName": "United Kingdom"
},
"contactPoint": {
"telephone": "+44 01179289000",
"email": "QQ23366@bristol.ac.uk",
"url": "https://tenders.bris.ac.uk"
},
"roles": [
"buyer"
],
"details": {
"url": "http://www.bristol.ac.uk",
"classifications": [
{
"scheme": "TED_CA_TYPE",
"id": "BODY_PUBLIC",
"description": "Body governed by public law"
},
{
"scheme": "COFOG",
"id": "09",
"description": "Education"
}
]
}
},
{
"id": "GB-FTS-92",
"name": "Royal Courts of Justice",
"identifier": {
"legalName": "Royal Courts of Justice"
},
"address": {
"locality": "London",
"countryName": "United Kingdom"
},
"roles": [
"reviewBody"
]
},
{
"id": "GB-FTS-119274",
"name": "Unum UK",
"identifier": {
"legalName": "Unum UK"
},
"address": {
"streetAddress": "Milton Court Dorking Surrey RH4 3LZ",
"locality": "Milton",
"region": "UK",
"countryName": "United Kingdom"
},
"roles": [
"supplier"
],
"details": {
"scale": "large"
}
},
{
"id": "GB-FTS-119275",
"name": "Aviva Life & Pensions Ltd",
"identifier": {
"legalName": "Aviva Life & Pensions Ltd"
},
"address": {
"streetAddress": "Wellington Row York YO1 6FZ",
"locality": "York",
"region": "UK",
"countryName": "United Kingdom"
},
"roles": [
"supplier"
],
"details": {
"scale": "large"
}
}
],
"buyer": {
"id": "GB-FTS-1015",
"name": "University of Bristol"
},
"language": "en",
"awards": [
{
"id": "022877-2024-1",
"relatedLots": [
"1"
],
"title": "Lot 1: Life Assurance: to provide a payment of 6 x salary in the event of a member death",
"status": "active",
"suppliers": [
{
"id": "GB-FTS-119274",
"name": "Unum UK"
}
]
},
{
"id": "022877-2024-2",
"relatedLots": [
"2"
],
"title": "Lot 2: Income Protection: to provide member income protection of 60 % of basic salary in the event of incapacity",
"status": "active",
"suppliers": [
{
"id": "GB-FTS-119275",
"name": "Aviva Life & Pensions Ltd"
}
]
}
],
"contracts": [
{
"id": "022877-2024-1",
"awardID": "022877-2024-1",
"title": "Lot 1: Life Assurance: to provide a payment of 6 x salary in the event of a member death",
"status": "active",
"value": {
"amount": 2500000,
"currency": "GBP"
},
"dateSigned": "2024-05-16T00:00:00+01:00"
},
{
"id": "022877-2024-2",
"awardID": "022877-2024-2",
"title": "Lot 2: Income Protection: to provide member income protection of 60 % of basic salary in the event of incapacity",
"status": "active",
"value": {
"amount": 2500000,
"currency": "GBP"
},
"dateSigned": "2024-05-17T00:00:00+01:00"
}
],
"bids": {
"statistics": [
{
"id": "1",
"measure": "bids",
"relatedLot": "1",
"value": 4
},
{
"id": "3",
"measure": "bids",
"relatedLot": "2",
"value": 2
},
{
"id": "2",
"measure": "electronicBids",
"relatedLot": "1",
"value": 4
},
{
"id": "4",
"measure": "electronicBids",
"relatedLot": "2",
"value": 2
}
]
}
}