Published date: 3 May 2018
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Life insurance services - 66511000
Location of contract
Any region
Value of contract
£1
Procurement reference
tender_122663/670071
Published date
3 May 2018
Closing date
21 April 2017
Contract start date
1 November 2017
Contract end date
1 July 2020
Contract type
Service contract
Procedure type
Open procedure
Any interested supplier may submit a tender in response to an opportunity notice.
Contract is suitable for SMEs?
No
Contract is suitable for VCSEs?
No
Description
The BBC went to market for a Life Assurance Policy for c9,000 BBC employees who joined the BBC on or after 1 December 2010. Employees who joined the BBC before 1 December 2010 are covered under a separate arrangement and were not included in this exercise. All employees are covered for a minimum lump sum of two times life cover pensionable salary. Employees who elect to join the BBC's defined contribution plan called LifePlan are covered for four times life cover pensionable salary. Around 4,000 employees are currently members of LifePlan and covered for the higher lump sum.
The contract value is within the £600,000 - £1,500,000 advertised in the contract notice.
Award information
Awarded date
1 November 2017
Contract start date
1 November 2017
Contract end date
1 July 2020
Total value of contract
£1
This contract was awarded to 1 supplier.
Aviva Life & Pensions UK Ltd.
Address
Norwich
Reference
None
Supplier is SME?
No
Supplier is VCSE?
No
About the buyer
Contact name
Jody Hart
Address
BC0 B1 D1 Broadcast Centre, White City Place, 201 Wood Lane
London
W12 7TQ
England
Website
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Closing: 21 April 2017
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