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| Source: | Find a Tender Service (FTS) |
| Notice Type: | Tender notice |
| Buyer: | North Western Universities Purchasing Consortium |
| Main Category: | Services |
| Procurement Method: | Open procedure |
| Submission Methods: | Electronic submission, Written |
| Tender Status: | Closed |
| Estimated Value (ex. VAT): | £19,000,000 |
| Release Date: | 13 February 2025 |
| Application Deadline: | 17 March 2025 |
| Procurement ID (OCID): | ocds-h6vhtk-04b383 |
| Notice Reference: | 005038-2025 |
All 4 notices for this procurement, oldest first.
Pensions Defined Contribution Scheme
Pension Scheme (Defined Contribution) and Employee Benefits
Pension Scheme (Defined Contribution) and Employee Benefits
Pension Scheme (Defined Contribution) and Employee Benefits
Earlier notices predate the Procurement Act 2023 (commenced 24 Feb 2025) and therefore don't carry UK1–UK17 codes.
Awarded to (3 suppliers)
| Award status: | Active |
| Maximum operators: | 3 |
| Period rationale: | See section VI Additional Information |
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
NWUPC is seeking to set up a section in a pre-existing authorised master trust as a tailored solution for Member Institutions of the participating consortia that can be used to meet (or exceed) automatic enrolment requirements as a minimum, to be available for H2 2025 eligibility. The scheme will be available to Member Institutions to enrol staff as defined by each Employer into the DC arrangement. This may include staff employed by the Member Institution or through a wholly owned subsidiary across both academic and academic-related posts and/or professional services. This may include new employees only or existing employees. The new DC arrangement could also be made available to staff in existing Defined Benefit schemes should they choose to opt-out of the existing scheme subject to the rules and regulations of the DB scheme.
Contract period: 30 April 2025 → 30 April 2032
The provision of Group Life Assurance and Group Income Protection to staff of participating consortia Member Institutions as an employee benefit. It will be at the discretion of the Member Institution which of the available policies they elect to take-up. This lot does not include a requirement for any insurance broking services.
Contract period: 30 April 2025 → 30 April 2032
The provision of a largely off the shelf flexible benefits platform for the management of employee benefits through a single centralised online platform that is customisable to the requirements of the participating consortia member institutions. The platform will offer a range of benefits that shall be available to employees who meet any relevant qualifying criteria established by the member institution. This will cover employees across the UK and may include employees overseas. The platform must be configurable and facilitate the incorporation of existing employee benefits and offer access to benefits from reputable providers. This lot covers the provision of all software and any associated licensing. Potential Services include, but are not limited to system implementation and migration, and professional services around the range of benefits the member institution may seek to make available to employees.
Contract period: 30 April 2025 → 30 April 2032
Document pack· 1 file
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Pipeline status
Not addedImports the contract into your BidWriter pipeline · Qualify before you commit to bid
Application Deadline
17 March 2025
Closed
Estimated Value
£19,000,000
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