Official UK procurement notice
University of Bristol Group Pension Plan Insurances
Authority: University of Bristol (Education)
What is being bought2 lots · detail below
Published requirement descriptionThe 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
CPV: Accident and health insurance services · Accident insurance services · Financial loss insurance services · Health insurance services · Insurance and pension services · Insurance services · Life insurance services
Lots and requirements (2)Procurement structure
2 lots · all with a published value (£1,700,000 together)Lot #1Life AssuranceRenewalPublished value£900,000
To ensure members are insured for 6 x salary in the event of death.
Lot #2Income Protection InsuranceRenewalPublished value£800,000
To provide members income protection of 60 % of basic salary in the event of incapacity.
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
- Suitability
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.
Procedure terms & legal framework
From the official record- Procedure method
- Open procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Closed
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Yes
- First published
- 28 Apr 2022, 10:48 BST
- Last source update
- 28 Apr 2022, 10:48 BST
- Award evaluation window
- 31 May 2022 – …
- Authority reference
Ins-2203-003-PC_2149- FTS notice number
2022/S 000-010910- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-03313cFind a Tender
- Electronic trading
- e-invoicing allowed · electronic ordering · electronic payment
- Review procedure
Bidders have the right to appeal as set out in the Public Contracts Regulations 2015. Proceedings under the Public Contracts Regulations 2015 are time limited and any such proceedings must be brought in the High Court of England and Wales.
How it was run
Official notice- Submission deadline
- 31 May 2022, 12:00 BST
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bid validity
- 90 days from the deadline
- Bids opened
- 31 May 2022, 12:01 BST
Timeline
28 Apr 2022 → 31 May 2022 · 3 dates- Notice published28 Apr 2022, 10:48 BST
- Submission deadline31 May 2022, 12:00 BST
- Bids opened31 May 2022, 12:01 BST
Contracting authority & participating public bodies
Dispute resolution & review bodies
- Royal Courts of JusticeReview body
Official documents & specifications (1)
Official links; attachments are not copiedTender pack and attachments
- Technical selection criteria