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.
• Insurance brokerage and agency services – 66518000
• Benefit services – 75310000
Location of contract
Value of contract
30 August 2022
4 October 2022
Contract start date
2 February 2023
Contract end date
1 February 2031
Restricted procedure (above threshold)
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Contract is suitable for VCSEs?
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
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.