Award

Group Life Assurance

UNIVERSITY OF SUSSEX(THE)

This public procurement record has 1 release in its history.

Award

03 Mar 2025 at 10:06

Summary of the contracting process

The University of Sussex has completed a procurement process for Group Life Assurance services, which falls under the Insurance and Pension Services industry category (CPV code: 66500000). This award was announced on 3rd March 2025, with the contract being signed on 2nd August 2024. The coverage areas include various regions across the United Kingdom, specifically UKC, UKD, UKE, UKF, UKG, UKH, UKI, UKJ, and UKK. The procurement method used was limited, specifically an award procedure without prior publication of a call for competition, indicating that this procurement falls outside the scope of application of the relevant directive due to being below the threshold. The process was classified under the "services" category.

This tender presents opportunities for businesses specialising in life assurance and pensions to expand their market presence by working with a notable academic institution like the University of Sussex. Although the bid process is closed, similar future procurements could benefit large-scale insurance providers capable of delivering comprehensive group insurance solutions efficiently. The awarded supplier for this contract is Metlife UK, highlighting that well-established and large providers with significant operational capacity are suitable candidates for such contracts. Companies looking to engage in similar tenders should be prepared to demonstrate extensive expertise in group life assurance schemes and a strong understanding of the unique requirements of educational institutions.

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Notice Title

Group Life Assurance

Notice Description

Group Life Assurance.

Lot Information

Lot 1

University of Sussex Pension & Life Assurance Scheme (USPAS) & University of Sussex Group Life Assurance Scheme (SGLAS). The service provides the life assurance cover for the member of the schemes listed.

Procurement Information

Below Threshold

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04e8db
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/007614-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£214,166 £100K-£500K

Notice Dates

Publication Date
3 Mar 202511 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 Aug 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
UNIVERSITY OF SUSSEX(THE)
Contact Name
Not specified
Contact Email
r.dewar@sussex.ac.uk
Contact Phone
Not specified

Buyer Location

Locality
FALMER, BRIGHTON
Postcode
BN1 9RH
Post Town
Brighton
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ21 Brighton and Hove
Delivery Location
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLI London, TLJ South East (England), TLK South West (England)

Local Authority
Brighton and Hove
Electoral Ward
Coldean & Stanmer
Westminster Constituency
Brighton Pavilion

Supplier Information

Number of Suppliers
1
Supplier Name

METLIFE

Open Contracting Data Standard (OCDS)

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