---
title: "Group Life Assurance"
ocid: "ocds-b5fd17-729aa859-591a-4728-8dc0-bbb931e9af9d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-729aa859-591a-4728-8dc0-bbb931e9af9d"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-729aa859-591a-4728-8dc0-bbb931e9af9d.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-729aa859-591a-4728-8dc0-bbb931e9af9d.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "CENTRE FOR PROCESS INNOVATION LIMITED"
published: "2021-10-05"
---

# Group Life Assurance

Buyer: CENTRE FOR PROCESS INNOVATION LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-729aa859-591a-4728-8dc0-bbb931e9af9d

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## Summary

The Centre for Process Innovation Limited has completed a procurement process for the provision of Group Life Assurance services over a one-year period, commencing from August 1, 2021, to July 31, 2022, with a total contract value of £82,452. This procurement was executed using a direct method through a single tender action, as it fell below the threshold for competitive bidding. The relevant procurement stage has been reported as 'Award', and the contract was awarded to MetLife on July 31, 2021. The services are classified under the CPV code for insurance services, and delivery is expected in the United Kingdom.

This tender presents a significant opportunity for businesses in the insurance sector, particularly those offering life assurance services. Small and medium enterprises (SMEs) may find it advantageous to engage, given that the procurement process accommodates their participation. Companies specialising in insurance and capable of providing competitive and tailored solutions for group life assurance will be well-suited to pursue similar contracts in the future. Networking with the Centre for Process Innovation Limited may further enhance potential business growth through partnerships or supply agreements.

## Notice

Provision of Group Life Assurance for 1 year. Brokered by CPI's insurance broker appointed under framework.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/a4188ba8-b451-44ef-9d95-03954d47a4b6 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Single tender action (below threshold) |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 5 Oct 2021 |
| Submission deadline | 31 Jul 2021 |
| Future notice date | Not specified |
| Award date | 30 Jul 2021 |
| Contract period | 31 Jul 2021 - 31 Jul 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £82,452 |
| Lots value | Not specified |
| Awards value | £82,452 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | CENTRE FOR PROCESS INNOVATION LIMITED |
| Locality | REDCAR |
| Post town | Cleveland |
| Postcode | TS10 4RF |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC3 Tees Valley |
| ITL 3 | TLC32 South Teesside |
| Local authority | Redcar and Cleveland |
| Electoral ward | Dormanstown |
| Westminster constituency | Redcar |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | METLIFE |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 5 Oct 2021 at 15:54 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/a4188ba8-b451-44ef-9d95-03954d47a4b6

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/a4188ba8-b451-44ef-9d95-03954d47a4b6
  5th October 2021 - Awarded contract notice on Contracts Finder

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-729aa859-591a-4728-8dc0-bbb931e9af9d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-729aa859-591a-4728-8dc0-bbb931e9af9d.json.