Contract notice
Section I: Contracting
authority
I.1) Name and addresses
University of Bristol
4th Floor, Augustine's Courtyard, Orchard Lane
Bristol
BS1 5DS
UK
Telephone: +44 01179289000
E-mail: lee.bryant@bristol.ac.uk
NUTS: UK
Internet address(es)
Main address: www.bristol.ac.uk
I.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge at:
https://tenders.bris.ac.uk
Additional information can be obtained from the abovementioned address
Tenders or requests to participate must be sent electronically to:
https://tenders.bris.ac.uk
Tenders or requests to participate must be sent to the abovementioned address
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Education
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
University of Bristol Group Pension Plan Insurances (UBGPP)
II.1.2) Main CPV code
66500000
II.1.3) Type of contract
Services
II.1.4) Short description
The University of Bristol are looking to procure group life assurance and group income protection for members of the University of Bristol Group Pension Plan (‘UBGPPP’).
The requirement is as follows:
Lot 1: Life Assurance: to provide a payment of 6 x salary in the event of a member death;
Lot 2: Income Protection: to provide member income protection of 60 % of basic salary in the event of incapacity
II.1.5) Estimated total value
Value excluding VAT:
5 000 000.00
GBP
II.1.6) Information about lots
This contract is divided into lots:
Yes
Tenders may be submitted for all lots
Maximum number of lots that may be awarded to one tenderer: 2
The contracting authority reserves the right to award contracts combining the following lots or groups of lots:
Lot 1: Life Assurance
Lot 2: Income Protection
II.2) Description
Lot No: 1
II.2.1) Title
Life Assurance
II.2.2) Additional CPV code(s)
66510000
66511000
II.2.3) Place of performance
NUTS code:
UK
Main site or place of performance:
Bristol
II.2.4) Description of the procurement
To ensure members are insured for 6 x salary in the event of death.
II.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6) Estimated value
Value excluding VAT:
2 500 000.00
GBP
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 24
This contract is subject to renewal: Yes
Description of renewals:
Contract is a 24 month initial term followed by option to extend by a further 24 months. Potential contract 48 months in total.
Prior to the 48 months the intention is to re-procure the requirement before expiry of the contract being tendered.
II.2.9) Information about the limits on the number of candidates to be invited
II.2.10) Information about variants
Variants will be accepted:
No
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Lot No: 2
II.2.1) Title
Income Protection Insurance
II.2.2) Additional CPV code(s)
66510000
66512000
66512100
66512200
66515410
II.2.3) Place of performance
NUTS code:
UK
Main site or place of performance:
Bristol
II.2.4) Description of the procurement
To provide members income protection of 60 % of basic salary in the event of incapacity.
II.2.5) Award criteria
Price is not the only award criterion and all criteria are stated only in the procurement documents
II.2.6) Estimated value
Value excluding VAT:
2 500 000.00
GBP
II.2.7) Duration of the contract, framework agreement or dynamic purchasing system
Duration in months: 24
This contract is subject to renewal: Yes
Description of renewals:
Contract is a 24 month initial term followed by option to extend by a further 24 months. Potential contract 48 months in total.
Prior to the 48 months the intention is to re-procure the requirement before expiry of the contract being tendered.
II.2.9) Information about the limits on the number of candidates to be invited
II.2.10) Information about variants
Variants will be accepted:
No
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section III: Legal, economic, financial and technical information
III.1) Conditions for participation
III.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers
List and brief description of conditions:
List and brief description of conditions
Service providers must be insurance companies regulated by the Financial Conduct Authority and Market Act2000, Insurance Companies Act 1982 and any other statutory modifications.
The insurer shall be authorised to write the classes of insurance required and be subject to English law and jurisdiction of English Courts.
This tender does not include a requirement for any insurance broking services.
III.1.2) Economic and financial standing
Selection criteria as stated in the procurement documents
III.1.3) Technical and professional ability
Selection criteria as stated in the procurement documents
III.2) Conditions related to the contract
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Open procedure
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
Yes
IV.2) Administrative information
IV.2.2) Time limit for receipt of tenders or requests to participate
Date:
16/05/2024
Local time: 12:00
IV.2.4) Languages in which tenders or requests to participate may be submitted
EN
IV.2.6) Minimum time frame during which the tenderer must maintain the tender
Duration in months: 3 (from the date stated for receipt of tender)
IV.2.7) Conditions for opening of tenders
Date:
16/04/2024
Local time: 12:00
Section VI: Complementary information
VI.1) Information about recurrence
This is a recurrent procurement:
Yes
VI.2) Information about electronic workflows
Electronic ordering will be used
Electronic invoicing will be accepted
Electronic payment will be used
VI.3) Additional information
£5M Contract Notice figure is based on the estimated cost of both Lots going to full 4 years (2+2).
VI.4) Procedures for review
VI.4.1) Review body
Royal Courts of Justice
London
UK
VI.5) Date of dispatch of this notice
16/04/2024