Award

Group Life Assurance

SOUTHAMPTON SOLENT UNIVERSITY

This public procurement record has 1 release in its history.

Award

21 Aug 2025 at 07:40

Summary of the contracting process

Southampton Solent University, located in Southampton, United Kingdom, has successfully completed a procurement process for "Group Life Assurance" services. The procurement, which falls under the sub-central government public authority category, involved limited competition due to its below-threshold value. The procurement described in the contract details notice was initiated as a tender on 1st August 2025 and continues until 31st July 2026. Metlife UK, based in Brighton, has been awarded the contract under the services main procurement category, focusing on life insurance services within the UKJ32 region.

This award provides a growth opportunity for SMEs interested in supplying life insurance services as it exemplifies a competitive yet below-threshold procurement process. Businesses in the life insurance industry can leverage such contracts to enhance their market presence and expand operations within the public sector. Given the specific regional focus, companies with a robust presence or strategic interest in the UK South East region, particularly in Southampton and Brighton, may find substantial growth potential in similar future procurement opportunities.

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Notice Title

Group Life Assurance

Notice Description

Group life assurance from 01/08/2025 - 31/07/2026. Competitive quote under threshold.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-058bc2
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/050367-2025
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
SME

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
£45,850 Under £100K

Notice Dates

Publication Date
21 Aug 20256 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
31 Jul 20256 months ago
Contract Period
31 Jul 2025 - 31 Jul 2026 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
SOUTHAMPTON SOLENT UNIVERSITY
Contact Name
Not specified
Contact Email
finance.procurement@solent.ac.uk
Contact Phone
Not specified

Buyer Location

Locality
SOUTHAMPTON
Postcode
SO14 0YN
Post Town
Southampton
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ32 Southampton
Delivery Location
Not specified

Local Authority
Southampton
Electoral Ward
Bargate
Westminster Constituency
Southampton Itchen

Supplier Information

Number of Suppliers
1
Supplier Name

METLIFE

Further Information

Notice Documents

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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