Award

Group Life Assurance Provision

WEST MIDLANDS GROWTH COMPANY LIMITED

This public procurement record has 1 release in its history.

Award

16 Mar 2026 at 12:59

UK7 - Contract Details Notice
Summary of the contracting process

The public procurement process led by the West Midlands Growth Company Limited, located in Birmingham, involves the provision of a Group Life Assurance policy for its employees. This is part of the award stage, with the contract spanning from 24 March 2026 to 23 March 2027. The procurement falls under the services category, specifically life insurance services, with the legal basis rooted in UK legislation 2023/54. The process utilised a direct procurement method below the threshold, thereby bypassing competitive bidding. The contract allows for the addition of more employees throughout its term and carries a total gross value of £32,034.26 GBP.

This tender presents significant business growth opportunities for companies specialising in life insurance services. Specifically, large service providers positioned to offer comprehensive group life assurance policies without requiring competitive bidding have an advantage. The contract was awarded to UNUM Limited, based in Surrey, indicating a potential interest for similar organisations positioned in regions across the United Kingdom to ponder future opportunities. The option to incorporate additional employees during the contract ensures potential expansion for organisations able to accommodate such scalability.

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Notice Information

Notice Title

Group Life Assurance Provision

Notice Description

Provision of a Group Life Assurance / benefits policy for 12 months (24.03.2026-23/03.2027) for all WMGC employees:

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-066afd
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/023483-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without 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
£32,034 Under £100K

Notice Dates

Publication Date
16 Mar 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
13 Mar 20263 weeks ago
Contract Period
24 Mar 2026 - 23 Mar 2027 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
WEST MIDLANDS GROWTH COMPANY LIMITED
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 6AT
Post Town
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
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

UNUM

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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