Pension Scheme (Defined Contribution) and Employee Benefits

North Western Universities Purchasing ConsortiumcontractFind a TenderRef ocds-h6vhtk-04b38332014L0024active
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Estimated value

services

Awarded value

Suppliers

2

Lots

3

0 awarded

Published

20 Jun 2025

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

Scope

Reference
PFB3038NW
Commercial tool
Standalone contract
Contract dates
30 Apr 2025 to 30 Apr 2032

This Framework Agreement will commence on 1st May 2025 for an initial period of five years until 30th April 2030 with the option to extend the Agreement for two years until 30th April 2032 subject to satisfactory Economic Operator performance.

Main category
services
CPV classifications
66131100
66141000
66522000
66523100
66510000
66511000
66512000
48000000
75310000
79900000
Contract locations
UK

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
Customer Requirements85.00%quality
15.00%price
Customer Requirements75.00%quality
25.00%price
Customer Requirements70.00%quality
30.00%price

Submission & procedure

Procedure
Open procedure

Award details· 2 awards

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

Award date

Contract start

Contract end

Lots · 3 total

Divisions of the contract. Each lot can be awarded separately.

View all →
LotTitleEst. valueStatus
1Lot 1- Pension Scheme (Defined Contribution) Master Trustcancelled
2Lot 2- Group Life Assurance & Group Income Protectioncancelled
3Lot 3- Flexible Benefits Platformcancelled