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Award of Provision of Group Life Insurance

Scottish Government

This public procurement record has 1 release in its history.

Award

21 Sep 2020 at 13:06

PCS Notice - Quick Quote Award
Summary of the contracting process

The Scottish Government is seeking to award a contract for the provision of a Group Life Insurance policy, which will deliver life insurance and death-in-service benefits equivalent to four times the gross annual basic salary for its employees. This procurement falls under the services category, specifically life insurance services, and is currently in the Award stage. The tender period commenced on 27th July 2020 and concludes on 26th July 2023. The contract value is set at £45,000, with the successful supplier being Legal & General.

This opportunity presents a potential avenue for businesses in the insurance sector, particularly those specialising in life insurance products. Companies that can offer competitive insurance policies, with robust coverage options and customer service capabilities would be well-suited to compete in this procurement process. The Scottish Government's commitment to providing comprehensive benefits to its employees signifies a stable demand for such services, which can enable growth for providers in this niche market.

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Notice Information

Notice Title

Award of Provision of Group Life Insurance

Notice Description

The Purchaser requires a Group Life Insurance policy to provide life insurance /death in service benefits of 4 x gross annual basic salary for each of its employees.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000624019
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=SEP395170
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
PCS Notice - Quick Quote Award
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

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
£45,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
21 Sep 20205 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
21 Sep 20205 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Not Specified
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Scottish Government
Additional Buyers

Forestry and Land Scotland

NSS Health Facilities Scotland

New College Lanarkshire

Perth & Kinross Council

Registers of Scotland

SASA - Scottish Government

The City of Edinburgh Council

University of Dundee

Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
DUNDEE
Postcode
Not specified
Postcode Area
Not specified
Country
Not specified
Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
Not specified
Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Supplier Information

Number of Suppliers
20
Supplier Names

4Site Surveys

ASA Recruitment (Quick Quotes)

Aecom

Arthur J Gallagher Ltd

Chas Stewart Plumbing & Heating Engineers Limited

Computacenter

E A Ellisons & Co Ltd

Everwarm Ltd

Harburn Estate (previously Country Business)

Harvey Nash

Legal & General

Lorien Resourcing Ltd

McGowan Ltd

Nith Valley Construction Ltd

Smurfit Kappa Recycling

Streckel & Schrader GmbH & Co. KG

The Richmond Fellowship Scotland

Venesky Brown Ltd

XMA Limited

thermo fisher scientific

Further Information

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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