Opportunity

University of Bristol Group Pension Plan Insurances

  • University of Bristol

F02: Contract notice

Notice reference: 2022/S 000-010910

Published 28 April 2022, 10:48am



Section one: Contracting authority

one.1) Name and addresses

University of Bristol

4th Floor, Augustine's Courtyard, Orchard Lane

Bristol

BS1 5DS

Email

martyn.dean@bristol.ac.uk

Telephone

+44 01174560557

Country

United Kingdom

NUTS code

UKK11 - Bristol, City of

Internet address(es)

Main address

www.bristol.ac.uk

one.3) Communication

The procurement documents are available for unrestricted and full direct access, free of charge, at

https://tenders.bris.ac.uk

Additional information can be obtained from the above-mentioned address

Tenders or requests to participate must be submitted electronically via

https://tenders.bris.ac.uk

Tenders or requests to participate must be submitted to the above-mentioned address

one.4) Type of the contracting authority

Body governed by public law

one.5) Main activity

Education


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

University of Bristol Group Pension Plan Insurances

Reference number

Ins-2203-003-PC_2149

two.1.2) Main CPV code

  • 66500000 - Insurance and pension services

two.1.3) Type of contract

Services

two.1.4) Short description

The 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

two.1.5) Estimated total value

Value excluding VAT: £1,700,000

two.1.6) Information about lots

This contract is divided into lots: Yes

Tenders may be submitted for all lots

two.2) Description

two.2.1) Title

Life Assurance

Lot No

1

two.2.2) Additional CPV code(s)

  • 66510000 - Insurance services
  • 66511000 - Life insurance services

two.2.3) Place of performance

NUTS codes
  • UKK11 - Bristol, City of
Main site or place of performance

Bristol

two.2.4) Description of the procurement

To ensure members are insured for 6 x salary in the event of death.

two.2.5) Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents

two.2.6) Estimated value

Value excluding VAT: £900,000

two.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

The intention is to re-procure the requirement before expiry of the contract being tendered.

two.2.10) Information about variants

Variants will be accepted: No

two.2.11) Information about options

Options: No

two.2.13) Information about European Union Funds

The procurement is related to a project and/or programme financed by European Union funds: No

two.2) Description

two.2.1) Title

Income Protection Insurance

Lot No

2

two.2.2) Additional CPV code(s)

  • 66510000 - Insurance services
  • 66512000 - Accident and health insurance services
  • 66512100 - Accident insurance services
  • 66512200 - Health insurance services
  • 66515410 - Financial loss insurance services

two.2.3) Place of performance

NUTS codes
  • UKK11 - Bristol, City of
Main site or place of performance

Bristol

two.2.4) Description of the procurement

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

two.2.5) Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents

two.2.6) Estimated value

Value excluding VAT: £800,000

two.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

The intention is to re-procure the requirement before expiry of the contract being tendered.

two.2.10) Information about variants

Variants will be accepted: No

two.2.11) Information about options

Options: No

two.2.13) Information about European Union Funds

The procurement is related to a project and/or programme financed by European Union funds: No


Section three. Legal, economic, financial and technical information

three.1) Conditions for participation

three.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers

List and brief description of conditions

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.

three.1.3) Technical and professional ability

Selection criteria as stated in the procurement documents


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Open procedure

four.1.8) Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes

four.2) Administrative information

four.2.2) Time limit for receipt of tenders or requests to participate

Date

31 May 2022

Local time

12:00pm

four.2.4) Languages in which tenders or requests to participate may be submitted

English

four.2.6) Minimum time frame during which the tenderer must maintain the tender

Duration in months: 3 (from the date stated for receipt of tender)

four.2.7) Conditions for opening of tenders

Date

31 May 2022

Local time

12:01pm

Place

Bristol

Information about authorised persons and opening procedure

Persons with the required level of access on the e-tendering portal.


Section six. Complementary information

six.1) Information about recurrence

This is a recurrent procurement: Yes

six.2) Information about electronic workflows

Electronic ordering will be used

Electronic invoicing will be accepted

Electronic payment will be used

six.4) Procedures for review

six.4.1) Review body

Royal Courts of Justice

Strand

London

Country

United Kingdom

six.4.3) Review procedure

Precise information on deadline(s) for review procedures

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.