II.1)
Scope of the procurement
Insurer of death in service benefits Invitation to Tender
Reference number:
MM000301
66000000
-
Financial and insurance services
Services
II.1.4)
Short description
The Trustee of the Combined Nuclear Pension Plan requires the provision of specific insured lump sum group life assurance benefits from 00:00 GMT 1 April 2021 onwards for a period of two years. In conducting this procurement, the Trustee is following the Open Procedure in compliance with The Public Contracts Regulations 2015 (PCR 2015)
II.1.5)
Estimated total value
Value excluding VAT: 3500000.00
GBP
II.1.6)
Information about lots
This contract is divided into lots:
no
II.2.2)
Additional CPV code(s)
66500000
-
Insurance and pension services
II.2.3)
Place of performance
NUTS code:
UK -
UNITED KINGDOM
II.2.4)
Description of the procurement
The Trustee of the Combined Nuclear Pension Plan requires the provision of specific insured lump sum group life assurance benefits from 00:00 GMT 1 April 2021 onwards for a period of two years. In conducting this procurement, the Trustee is following the Open Procedure in compliance with The Public Contracts Regulations 2015 (PCR 2015)
Price is not the only award criterion and all criteria are stated only in the procurement documents
Value excluding VAT: 3500000.00
GBP
II.2.7)
Duration of the contract, framework agreement or dynamic purchasing system
Duration in months:
24
This contract is subject to renewal:
yes
Description of renewals:
When 24 month contract expires
II.2.10)
Information about variants
Variants will be accepted:
no
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
The anticipated total contract value of this procurement is £3-4m, there is no guarantee of this expenditure.