---
title: "GB-London: PROCUREMENT OF THE COMPANY WIDE LIFE ASSURANCE POLICY"
ocid: "ocds-b5fd17-f8a84ae4-2e46-4792-b30d-c90b3ed4f69b"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-f8a84ae4-2e46-4792-b30d-c90b3ed4f69b"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-f8a84ae4-2e46-4792-b30d-c90b3ed4f69b.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-f8a84ae4-2e46-4792-b30d-c90b3ed4f69b.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "PEABODY TRUST"
published: "2018-07-25"
---

# GB-London: PROCUREMENT OF THE COMPANY WIDE LIFE ASSURANCE POLICY

Buyer: PEABODY TRUST  
Current stage: Award  
OCID: ocds-b5fd17-f8a84ae4-2e46-4792-b30d-c90b3ed4f69b

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## Summary

The procurement process involved the Peabody Trust, seeking bids for the "Procurement of the Company Wide Life Assurance Policy" in the life insurance services sector, located in London, United Kingdom. This procurement was in the award stage, having concluded on 24th July 2018. The total value of the contract awarded was approximately £416,588, with a contract duration of 12 months, commencing from 30th July 2018. The process was initiated through a tender approach, and the contract has the potential for a 12-month extension upon agreement.

This tender presents significant opportunities for businesses involved in providing life insurance services, particularly large-scale providers who can meet the needs of the Peabody Trust. Companies that have experience in corporate insurance solutions would be well-suited to compete for similar contracts in the future. Additionally, organisations that can provide innovative insurance options tailored to the diverse needs of large employers may find this an advantageous market to engage with.

## Notice

Procurement of the company wide life assurance policy Additional information: The duration of the Contract will be for 12 months, with the possible extension for up to a further 12 months subject to agreement between Peabody and the successful Provider.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/1a288dc2-d6b4-4efd-b388-4c198df45fff |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Not specified |
| Tender suitability | VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 25 Jul 2018 |
| Submission deadline | 24 Jul 2018 |
| Future notice date | Not specified |
| Award date | 23 Jul 2018 |
| Contract period | 29 Jul 2018 - 29 Jul 2019 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £416,588 |
| Lots value | Not specified |
| Awards value | £416,588 |
| 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 | PEABODY TRUST |
| Locality | LONDON |
| Post town | South East London |
| Postcode | SE1 7JB |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI44 Lewisham and Southwark |
| Local authority | Southwark |
| Electoral ward | St George's |
| Westminster constituency | Bermondsey and Old Southwark |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | OMNILIFE INSURANCE |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66511000 - Life insurance services

## Release History

- 25 Jul 2018 at 10:28 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/1a288dc2-d6b4-4efd-b388-4c198df45fff

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/1a288dc2-d6b4-4efd-b388-4c198df45fff
  25th July 2018 - Awarded contract notice on Contracts Finder
- https://www.delta-esourcing.com/delta/respondToList.html?noticeId=335124071
  Please follow this link to view the notice.

## 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-f8a84ae4-2e46-4792-b30d-c90b3ed4f69b. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-f8a84ae4-2e46-4792-b30d-c90b3ed4f69b.json.