Employee Benefits 2022

A Tender Notice
by BANK OF ENGLAND

Source
Contracts Finder
Type
Contract (Services)
Duration
8 year
Value
£1M
Sector
BUSINESS
Published
30 Aug 2022
Delivery
02 Feb 2023 to 01 Feb 2031
Deadline
04 Oct 2022 12:00

Concepts

Location

Geochart for 1 buyers and 0 suppliers

1 buyer

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.

CPV Codes

  • 66518000 - Insurance brokerage and agency services
  • 75310000 - Benefit services

Indicators

  • Contract is suitable for SMEs.

Other Information

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.

Reference

Domains