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Contract Notice

Group Life Assurance Policy

  • First published: 16 July 2019
  • Last modified: 16 July 2019
  • Version: N/A
  • This file may not be fully accessible.

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Contents

Summary

OCID:
Published by:
Student Loans Company
Authority ID:
AA72165
Publication date:
16 July 2019
Deadline date:
29 August 2019
Notice type:
Contract Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

The SLC are reviewing our group life assurance scheme following changes to our various scheme arrangements. Effective from late 2019 the SLC will merge two existing group life assurance schemes into one and are seeking a provider to assume risk for the new combined scheme. The scheme will be written under an existing Trust.

Full notice text

Contract notice

Section I: Contracting authority

I.1) Name and addresses

Student Loans Company

100 Bothwell Street

Glasgow

G2 7JD

UK

Contact person: Susan Butcher

Telephone: +44 1412433482

E-mail: Susan_Butcher@slc.co.uk

NUTS: UKM82

Internet address(es)

Main address: www.gov.uk/slc

I.3) Communication

The procurement documents are available for unrestricted and full direct access, free of charge at:

https://www.delta-esourcing.com/tenders/UK-UK-Glasgow:-Life-insurance-services./A2KW2TR3M8


Additional information can be obtained from the abovementioned address


Tenders or requests to participate must be sent electronically to:

https://www.delta-esourcing.com/tenders/UK-title/A2KW2TR3M8


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

Other: Administration of Student Loans

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Group Life Assurance Policy

Reference number: 2019-SLC-068

II.1.2) Main CPV code

66511000

 

II.1.3) Type of contract

Services

II.1.4) Short description

SLC are looking for an insurer to provide cover for the provision of the SLC’s death in service requirements.

II.1.5) Estimated total value

Value excluding VAT: 750 000.00  GBP

II.1.6) Information about lots

This contract is divided into lots: No

II.2) Description

II.2.3) Place of performance

NUTS code:

UKM82


Main site or place of performance:

Glasgow City.

II.2.4) Description of the procurement

The SLC are reviewing our group life assurance scheme following changes to our various scheme arrangements. Effective from late 2019 the SLC will merge two existing group life assurance schemes into one and are seeking a provider to assume risk for the new combined scheme. The scheme will be written under an existing Trust.

II.2.5) Award criteria

Criteria below:

Quality criterion: Service delivery / Weighting: 10

Quality criterion: Service levels / Weighting: 10

Price / Weighting:  80

II.2.6) Estimated value

Value excluding VAT: 750 000.00  GBP

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Duration in months: 36

This contract is subject to renewal: No

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: Yes

Description of options:

After the initial 36 months there will be 2 x 12 month extension periods subject to satisfactory performance.

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.1.2) 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: 29/08/2019

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: 4 (from the date stated for receipt of tender)

IV.2.7) Conditions for opening of tenders

Date: 29/08/2019

Local time: 12:00

Place:

Darlington.

Information about authorised persons and opening procedure:

Will be opened by contracts officer and contracts manager within the commercial services team, SLC.

Section VI: Complementary information

VI.1) Information about recurrence

This is a recurrent procurement: No

VI.2) Information about electronic workflows

Electronic ordering will be used

Electronic payment will be used

VI.3) Additional information

The Contracting Authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.

For more information about this opportunity, please visit the Delta eSourcing portal at:

https://www.delta-esourcing.com/tenders/UK-UK-Glasgow:-Life-insurance-services./A2KW2TR3M8

To respond to this opportunity, please click here:

https://www.delta-esourcing.com/respond/A2KW2TR3M8

GO Reference: GO-2019711-PRO-15083675

VI.4) Procedures for review

VI.4.1) Review body

Student Loans Company Ltd

100 Bothwell Street

Glasgow

G2 7JD

UK

Telephone: +44 1412433482

E-mail: Susan_Butcher@slc.co.uk

Internet address(es)

URL: www.gov.uk/slc

VI.4.2) Body responsible for mediation procedures

Student Loans Company Ltd

100 Bothwell Street

Glasgow

G2 7JD

UK

VI.4.4) Service from which information about the review procedure may be obtained

Student Loans Company Ltd

100 Bothwell Street

Glasgow

G2 7JD

UK

VI.5) Date of dispatch of this notice

11/07/2019

Coding

Commodity categories

ID Title Parent category
66511000 Life insurance services Insurance services

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
Susan_Butcher@slc.co.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

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