PFB3038 Lot 3 Benefits Platform

A Contract Award Notice
by NORTH WESTERN UNIVERSITIES PURCHASING CONSORTIUM

Source
Contracts Finder
Type
Contract (Services)
Duration
6.5 year
Value
£19M
Sector
BUSINESS
Published
29 Aug 2025
Delivery
25 Sep 2025 to 30 Apr 2032
Deadline
17 Mar 2025 13:00

Concepts

Location

Geochart for 1 buyers and 2 suppliers

Description

NWUPC in conjunction with UCEA has a requirement to establish a Framework Agreement for the provision of a Defined Contribution Master Trust Pension Scheme and Employee Benefits including Group Life Assurance, Group Income Protection and the provision of a customisable benefits platform for the management of employee benefits through a single centralised portal. NWUPC is establishing the Framework Agreement as a central purchasing body for itself and its Members (Other Contracting Bodies (OCB)). NWUPC is managing this procurement process in accordance with the Public Contracts Regulations 2015 (the "Regulations") on behalf of members of APUC, HEPCW, LUPC, NEUPC, NWUPC and SUPC. The Framework Agreement will be split into three lots as follows: Lot 1 - Defined Contribution Pension Scheme (Master Trust) Lot 2 - Group Life Assurance & Group Income Protection Lot 3 - Flexible Benefits Platform Please note that this is the second award notice and relates to the award of Lot 3. A separate notice was published pertaining to the award of Lots 1 & 2 .

Award Detail

1 Aviva Life & Pensions (York)
  • Value: £19,000,000
2 Personal Group Holdings (Milton Keynes)
  • Value: £19,000,000

CPV Codes

  • 66520000 - Pension services
  • 66131100 - Pension investment services
  • 66141000 - Pension fund management services
  • 66510000 - Insurance services
  • 66511000 - Life insurance services
  • 66512000 - Accident and health insurance services
  • 66522000 - Group pension services
  • 66523100 - Pension fund administration services
  • 48000000 - Software package and information systems
  • 75310000 - Benefit services
  • 79900000 - Miscellaneous business and business-related services

Indicators

  • Contract is suitable for SMEs.

Reference

Domains