Employee Benefits 2022
BANK OF ENGLAND
Published date: 30 August 2022
Open opportunity – This means that the contract is currently active, and the buying department is looking for potential suppliers to fulfil the contract.

If you want help with winning this tender, then take a look at our Bid Writers page.

Contract summary
Industry
• Insurance brokerage and agency services – 66518000
• Benefit services – 75310000
Location of contract
England
Value of contract
£1,200,000
Procurement reference
REQ/1000072
Published date
30 August 2022
Closing date
4 October 2022
Closing time
12pm
Contract start date
2 February 2023
Contract end date
1 February 2031
Contract type
Service contract
Procedure type
Restricted procedure (above threshold)
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No

Description
This tender opportunity is for the brokerage and management of the Bank’s employee benefits package.
This opportunity is a re-tender of the Bank’s benefits service, which has been offered to its employees for over 20 years.
The management element includes the provision of an online portal in order for employees to be able to easily access their benefits offering.
Full detail of the scope of requirements can be found in Volume 2 (scope of requirements) of the tendering materials, accessible via the Bank’s eTendering portal (Proactis).
Link: https://supplierlive.proactisp2p.com/Account/Login

More information
Additional text
The estimated contract value of this service is £1.2m over the full 8 contract term.
This value excludes the cost of benefits as these are paid by employees, as part of their benefits package, direct to benefits providers.

How to apply
Follow the instructions given in the description or the more information section.

About the buyer
Contact name
Chloe Ludlow-Gomm
Address
Threadneedle Street
LONDON
EC2R8AH
England
Email

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