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Contract Award Notice

University of Bristol Group Pension Plan Insurances (UBGPP)

  • First published: 24 July 2024
  • Last modified: 24 July 2024
  • Version: N/A
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  • This file may not be fully accessible.

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The buyer is not using this website to administer the notice.

To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
ocds-h6vhtk-045281
Published by:
University of Bristol
Authority ID:
AA83071
Publication date:
24 July 2024
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

The University of Bristol have awarded 2 contracts for 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

Full notice text

Contract award notice

Results of the procurement procedure

Section I: Contracting entity

I.1) Name and addresses

University of Bristol

4th Floor, Augustine's Courtyard, Orchard Lane

Bristol

BS1 5DS

UK

Telephone: +44 01179289000

E-mail: QQ23366@bristol.ac.uk

NUTS: UK

Internet address(es)

Main address: www.bristol.ac.uk

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 have awarded 2 contracts for 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.1.6) Information about lots

This contract is divided into lots: Yes

II.1.7) Total value of the procurement

Value excluding VAT: 5 000 000.00  GBP

II.2) Description

Lot No: 1

II.2.1) Title

Life Assurance

II.2.2) Additional CPV code(s)

66500000

II.2.3) Place of performance

NUTS code:

UK

II.2.4) Description of the procurement

Lot 1: Life Assurance: to provide a payment of 6 x salary in the event of a member death;

II.2.5) Award criteria

Price

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

II.2.14) Additional information

Contract is a 24 month initial term followed by option to extend by a further 24 months. Potential contract 48 months in total.

Lot No: 2

II.2.1) Title

Income Protection Insurance

II.2.2) Additional CPV code(s)

66500000

II.2.3) Place of performance

NUTS code:

UK

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

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

II.2.14) Additional information

Contract is a 24 month initial term followed by option to extend by a further 24 months. Potential contract 48 months in total.

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.2.1) Previous publication concerning this procedure

Notice number in the OJ S:

2024/S 000-012286

Section V: Award of contract

Lot No: 1

Title: Lot 1: Life Assurance: to provide a payment of 6 x salary in the event of a member death

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

16/05/2024

V.2.2) Information about tenders

Number of tenders received: 4

Number of tenders received by electronic means: 4

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Unum UK

Milton Court Dorking Surrey RH4 3LZ

Milton

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 2 500 000.00  GBP

V.2.5) Information about subcontracting

Section V: Award of contract

Lot No: 2

Title: Lot 2: Income Protection: to provide member income protection of 60 % of basic salary in the event of incapacity

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

17/05/2024

V.2.2) Information about tenders

Number of tenders received: 2

Number of tenders received by electronic means: 2

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Aviva Life & Pensions Ltd

Wellington Row York YO1 6FZ

York

UK

NUTS: UK

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 2 500 000.00  GBP

V.2.5) Information about subcontracting

Section VI: Complementary information

VI.3) Additional information

Contract is a 24 month initial term followed by option to extend by a further 24 months. Potential contract 48 months in total.

£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

23/07/2024

Coding

Commodity categories

ID Title Parent category
66500000 Insurance and pension services Financial and 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:
QQ23366@bristol.ac.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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