Awarded Contractocds-h6vhtk-045281

University of Bristol Group Pension Plan Insurances (UBGPP)

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

Buyer

University of Bristol

Value

£5,000,000

Published

23 Jul 2024

Closes

16 May 2024

Procurement details

Source

Find a Tender

Region

United Kingdom

Procurement method

Open

Category

Services

Contract starts

Not provided

Contract ends

Not provided

CPV classifications

66500000

Insurance and pension services

Lots

Lot 1 Life Assurance

£2,500,000

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

Delivery: United Kingdom

Lot 2 Income Protection Insurance

£2,500,000

To provide members income protection of 60 % of basic salary in the event of incapacity. 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.

Delivery: United Kingdom

Documents

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Contains public sector information licensed under the Open Government Licence v3.0.