Published date: 23 July 2024

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 16 May 2024, 12am

Contract summary

Industry

  • Insurance and pension services - 66500000

Location of contract

South West

Value of contract

£2,168,032

Procurement reference

tender_389325/1368065

Published date

23 July 2024

Closing date

16 May 2024

Closing time

12am

Contract start date

22 July 2024

Contract end date

21 July 2026

Contract type

Service contract

Procedure type

Open procedure (above threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements above the relevant contract value threshold.

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

Description

The University of Bristol has 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

More information

Additional text

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

Price identified is the total cost of both Lots for the initial 2 year period.

Award information

Awarded date

2 July 2024

Contract start date

22 July 2024

Contract end date

21 July 2026

Total value of contract

£2,168,032

This contract was awarded to 2 suppliers.

Unum UK

Address

Milton Court, Dorking, Surrey, RH4 3LZ

Reference

Companies House number: 983768

Supplier is SME?

No

Supplier is VCSE?

No

Additional details

Awarded Lot 1 - Life Assurance for UBGPP

Aviva Life & Pensions Ltd

Address

Wellington Row, York, YO1 6FZ

Reference

Companies House number: 03253947

Supplier is SME?

No

Supplier is VCSE?

No

Additional details

Awarded Lot 2 - Income Protection for UBGPP

About the buyer

Contact name

Lee Bryant

Address

University of Bristol
Bristol
BS1 5DS
England

Email

lee.bryant@bristol.ac.uk