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Pensions - Group Life Assurance

Scottish Enterprise

This public procurement record has 1 release in its history.

Tender

04 Nov 2021 at 00:00

PCS Notice - Website Contract Notice
Summary of the contracting process

The Scottish Enterprise is currently engaged in the tender process for a contract titled "Pensions - Group Life Assurance," aimed at appointing a single supplier to provide insurance brokering services for their Pension and Life Assurance Scheme. This active tender falls under the services category and is located in Glasgow, with the submission deadline set for 22nd November 2021 at 11:00 AM. The procurement method is an open procedure, and the overall budget for this contract is estimated at £883,000. Interested parties must submit their tenders electronically through the designated online portal.

This tender presents an excellent opportunity for businesses specialising in insurance brokerage and financial services, particularly those experienced in group life assurance schemes. Companies that can demonstrate expertise in managing pension-related insurance products and a strong understanding of compliance with public sector regulations will be well-positioned to compete. With the option for contract renewal after an initial term of 36 months, winning this contract could lead to a long-term partnership with a key public sector organisation in Scotland.

How relevant is this notice?

Notice Information

Notice Title

Pensions - Group Life Assurance

Notice Description

The purpose of this ITT is to appoint a single supplier to deliver a professional insurance brokering service to source group life assurance cover for the Scottish Enterprise (SE) Pension and Life Assurance Scheme (the Scheme).

Lot Information

Lot 1

The purpose of this ITT is to appoint a single supplier to deliver a professional insurance brokering service to source group life assurance cover for the Scottish Enterprise (SE) Pension and Life Assurance Scheme (the Scheme).

Renewal: Contract for a period of 36 months with the option to extend for 1 period of 12 months.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000672516
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV432064
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
PCS Notice - Website Contract Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66518100 - Insurance brokerage services

Notice Value(s)

Tender Value
£883,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
4 Nov 20214 years ago
Submission Deadline
22 Nov 2021Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Scottish Enterprise
Additional Buyers

Scottish Government

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

Buyer Location

Locality
EDINBURGH
Postcode
G2 6HQ
Postcode Area
Glasgow
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM Scotland
Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North

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.

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