Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

Group Life Assurance

ASTON UNIVERSITY

This public procurement record has 1 release in its history.

Award

16 Apr 2025 at 09:52

UK7 - Contract Details Notice
Summary of the contracting process

Aston University, located in Birmingham, has completed its procurement process for a Group Life Assurance Policy. This falls under the services category within the life insurance industry, specifically CPV code 66511000. The contract process has moved to the award stage with the contract being signed in March 2025. The contract period starts on 1st April 2025 and will run until 31st March 2026, with the possibility of renewal up to March 2028. The value of the contract is £137,187. This procurement used a limited competition method, as it is below the threshold.

This tender presents significant opportunities for businesses specialising in life insurance services. Large enterprises like Unum Limited, which has been awarded the contract, are well-suited to compete in this area due to the substantial scope and specialised nature of the services required. Companies in the insurance sector can leverage this contract to expand their portfolio and build relationships with reputable institutions such as Aston University, thereby fostering business growth and market credibility.

How relevant is this notice?

Notice Information

Notice Title

Group Life Assurance

Notice Description

Group Life Assurance Policy

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0503ab
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/015419-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Below threshold - limited competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66511000 - Life insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£137,187 £100K-£500K

Notice Dates

Publication Date
16 Apr 20251 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
31 Mar 20251 years ago
Contract Period
1 Apr 2025 - 31 Mar 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
ASTON UNIVERSITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BIRMINGHAM
Postcode
B4 7ET
Postcode Area
Birmingham
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
Not specified
Local Authority
Birmingham
Electoral Ward
Nechells
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

Unum Limited

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...