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Group Income Protection

Money and Pensions Service

This public procurement record has 3 releases in its history.

Award

17 Sep 2026 at 10:36

UK7 - Contract Details Notice
Award

05 Jun 2026 at 14:30

UK6 - Contract Award Notice
Tender

17 Dec 2025 at 20:22

UK4 - Tender Notice
Summary of the contracting process

Money and Pensions Service (MaPS), a central government public authority, procured group income protection insurance for its employees as an enhanced employee benefit. The requirement covers insurance services for MaPS staff, delivered in the United Kingdom. The procurement was for a single requirement rather than separate service lots. The selected supplier is an insurance broker, indicating that the work involves arranging and providing appropriate group income protection cover for an organisational workforce. The buyer’s stated purpose is to provide a new group income protection arrangement, so relevant businesses are insurers, insurance brokers and employee-benefits providers with the ability to design, place or administer this type of cover for a public-sector employer. The classification used is insurance services, within the wider insurance and pension services category.

This procurement is complete and has been awarded. MaPS used an open competitive flexible procedure with a participation stage followed by a tender stage. Three bids were received, with one reaching the final stage. Bids were assessed on cost and quality, including the requested level of cover and the bidder’s ability to provide it; commercial evaluation used a five-year cost proposal. The tender deadline was 23 January 2026 at 12:00 UTC, and the award decision was due by 12 February 2026. J.M. Glendinning (Insurance Brokers) Limited was awarded the contract on 5 June 2026. The award value was £932,939.50 including tax, with the award period from 18 June 2026 to 17 June 2029 and extensions of one year each, up to 17 June 2031. The contract was signed on 6 August 2026, runs from 10 August 2026 to 9 August 2028, and is worth £932,939.50 including tax. It may be renewed for three further one-year periods, to 9 August 2031.

This award demonstrates established public-sector demand for group income protection and shows that the buyer values both the level of insurance cover and the cost of providing it. A credible future competitor would need strong insurance-market capability, including experience of designing or arranging group income protection for employees and translating workforce requirements into an appropriate level of cover. The evaluation also indicates that suppliers must present a clear, well-evidenced quality proposal alongside competitive pricing, rather than relying on price alone. Relevant businesses are likely to include specialist employee-benefits advisers, insurance brokers, insurers and providers able to work with public authorities. The successful supplier’s role as an insurance broker suggests that market access, insurer relationships, policy placement and ongoing management of the cover are important capabilities. Experience of formal, staged public procurement and compliant tender responses would also strengthen a supplier’s position.

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Notice Information

Notice Title

Group Income Protection

Notice Description

This contract is to provide a new Group Income Protection for the Employees of the Money and Pensions Service (MAPS) to enhance Employee Benefits

Lot Information

Lot 1

Renewal: option to renew for a further 3 years at a minimum annual intervals.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05f868
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/088074-2026
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Competitive flexible 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

66510000 - Insurance services

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
£500,000 £500K-£1M
Awards Value
£932,939 £500K-£1M
Contracts Value
£932,939 £500K-£1M

Notice Dates

Publication Date
17 Sep 2026Today
Submission Deadline
23 Jan 2026Expired
Future Notice Date
Not specified
Award Date
5 Jun 20263 months ago
Contract Period
10 Aug 2026 - 9 Aug 2028 2-3 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Money and Pensions Service
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
BEDFORD
Postcode
MK42 9AB
Postcode Area
Milton Keynes
Country
England
Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH2 Bedfordshire and Hertfordshire
Small Region (ITL 3)
TLH24 Bedford
Delivery Location
TLH24 Bedford
Local Authority
Bedford
Electoral Ward
Cauldwell
Westminster Constituency
Bedford

Supplier Information

Number of Suppliers
1
Supplier Name

J.M Glendinning (Insurance Brokers) Limited

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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