Section one: Contracting authority
one.1) Name and addresses
University of Bristol
4th Floor, Augustine's Courtyard, Orchard Lane
Bristol
BS1 5DS
Telephone
+44 01179289000
Country
United Kingdom
NUTS code
UK - United Kingdom
Internet address(es)
Main address
one.3) Communication
The procurement documents are available for unrestricted and full direct access, free of charge, at
Additional information can be obtained from the above-mentioned address
Tenders or requests to participate must be submitted electronically via
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 (UBGPP)
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: £5,000,000
two.1.6) Information about lots
This contract is divided into lots: Yes
Tenders may be submitted for all lots
Maximum number of lots that may be awarded to one tenderer: 2
The contracting authority reserves the right to award contracts combining the following lots or groups of lots:
Lot 1: Life Assurance
Lot 2: Income Protection
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
- UK - United Kingdom
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: £2,500,000
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
Contract is a 24 month initial term followed by option to extend by a further 24 months. Potential contract 48 months in total.
Prior to the 48 months 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
- UK - United Kingdom
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: £2,500,000
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
Contract is a 24 month initial term followed by option to extend by a further 24 months. Potential contract 48 months in total.
Prior to the 48 months 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
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.1.2) Economic and financial standing
Selection criteria as stated in the procurement documents
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
16 May 2024
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
16 April 2024
Local time
12:00pm
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.3) Additional information
£5M Contract Notice figure is based on the estimated cost of both Lots going to full 4 years (2+2).
six.4) Procedures for review
six.4.1) Review body
Royal Courts of Justice
London
Country
United Kingdom