---
title: "Provision of Group Life Assurance"
ocid: "ocds-r6ebe6-0000756445"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000756445"
markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000756445.md"
json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000756445.json"
source: "Public Contracts Scotland"
current_stage: "Award"
buyer: "SCOTTISH BORDERS HOUSING ASSOCIATION LTD"
published: "2024-12-16"
---

# Provision of Group Life Assurance

Buyer: SCOTTISH BORDERS HOUSING ASSOCIATION LTD  
Current stage: Award  
OCID: ocds-r6ebe6-0000756445

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000756445.json)

## Summary

The Scottish Borders Housing Association Ltd (SBHA) has completed the procurement process for the provision of Group Life Assurance to its staff. Located in Selkirk, SBHA sought a contract within the housing and community amenities industry category and eventually awarded the contract to Wren Sterling. The procurement was conducted through an open procedure to procure services under CPV code 66000000. Key timelines included the tender period ending on 29th February 2024 and the contract award date on 26th March 2024. The contract, worth an estimated GBP 75,000 for a 5-year term, begins with an initial 3-year period with two optional 12-month extensions dependent on performance, benefitting staff with Death in Service covering 1x their annual salary.

The awarded contract presents an excellent business growth opportunity, particularly for firms specialised in insurance brokerage or life assurance services, and is registered with and regulated by the UK Financial Conduct Authority or the Prudential Regulation Authority. By securing such a high-value, long-term contract, businesses can establish a stable revenue stream and enhance their portfolio with a reputable client like SBHA. The procurement process required electronic submissions, ensuring a streamlined and accessible participation method for businesses capable of providing the demanded services effectively.

## Notice

SBHA intends to offer a 5-year contract with an initial term of 3 years followed by 2 x 12 months extensions at the sole discretion of Scottish Borders Housing Association, based on contract performance. The estimated contract value is GBP 15,000 per annum amounting to GBP75,000 for the full 5-year term, providing Death in Service benefit to members of staff on contracts of 12 months or longer 1 x their Annual Salary, including any commission/brokerage fees.

### Lot Information

Lot 1

SBHA intends to offer a 5-year contract with an initial term of 3 years followed by 2 x 12 months extensions at the sole discretion of Scottish Borders Housing Association, based on contract performance. The estimated contract value is GBP 15,000 per annum amounting to GBP 75,000 for the full 5-year term, providing Death in Service benefit to members of staff on contracts of 12 months or longer 1 x their Annual Salary, including any commission/brokerage fees.. This Award was made on 26 March 2024. This publication is for administrative purposes at this stage.

Renewal: 2 x 12 months at the discretion of SBHA based on performance

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Public Contracts Scotland |
| Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC520395 |
| Notice type | PCS Notice - Website Contract Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 16 Dec 2024 |
| Submission deadline | 29 Feb 2024 |
| Future notice date | Not specified |
| Award date | 26 Mar 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £75,000 |
| Lots value | £75,000 |
| Awards value | Not specified |
| Contracts value | £60,687 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | SCOTTISH BORDERS HOUSING ASSOCIATION LTD |
| Locality | SELKIRK |
| Post town | Galashiels |
| Postcode | TD7 5DT |
| Country | Scotland |
| ITL 1 | TLM Scotland |
| ITL 2 | TLM9 Southern Scotland |
| ITL 3 | TLM91 Scottish Borders |
| Local authority | Scottish Borders |
| Electoral ward | Selkirkshire |
| Westminster constituency | Berwickshire, Roxburgh and Selkirk |
| Delivery location | TLM91 Scottish Borders |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | WREN STERLING |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services
- 66511000 - Life insurance services

## Release History

- 16 Dec 2024 at 00:00 - Award - PCS Notice - Website Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC520395
- 2 Feb 2024 at 00:00 - Tender - PCS Notice - Website Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB497773

## Documents

- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB497773&idx=2
  2nd February 2024 - Pricing Schedule
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB497773&idx=3
  2nd February 2024 - Invitation to Tender
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB497773&idx=4
  2nd February 2024 - Tender Response Document
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB497773&idx=5
  2nd February 2024 - Information
- https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB497773&idx=1
  2nd February 2024 - Specification
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB497773
  Provision of Group Life Assurance - SBHA intends to offer a 5-year contract with an initial term of 3 years followed by 2 x 12 months extensions at the sole discretion of Scottish Borders Housing Association, based on contract performance. The estimated contract value is GBP 15,000 per annum amounting to GBP75,000 for the full 5-year term, providing Death in Service benefit to members of staff on contracts of 12 months or longer 1 x their Annual Salary, including any commission/brokerage fees.
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=DEC520395
  Provision of Group Life Assurance - SBHA intends to offer a 5-year contract with an initial term of 3 years followed by 2 x 12 months extensions at the sole discretion of Scottish Borders Housing Association, based on contract performance. The estimated contract value is GBP 15,000 per annum amounting to GBP75,000 for the full 5-year term, providing Death in Service benefit to members of staff on contracts of 12 months or longer 1 x their Annual Salary, including any commission/brokerage fees.

## Notice URLs

- http://
- http://www.publiccontractsscotland.gov.uk
- http://www.sbha.org.uk
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000756445

## 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-r6ebe6-0000756445. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000756445.json.