AWARDED: TRHR3294 - Provision of an Employee Benefits Package to the Department for Transport

DfTc - Department for TransportcontractContracts FinderRef tender_417046/1391298complete
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Estimated value

£7.0m

Awarded value

£3.5m

Awarded 28 Jul 2024

Suppliers

1

Lots

1

1 awarded

Published

05 Aug 2024

Deadline 29 Jul 2024

Description

This contract provides Department for Transport employees with a range of managed employee benefits, including: - An Employee Benefits Platform; - Employee Discounts; - A Reward and Recognition scheme; - A Cycle to Work Scheme (available as a Salary Sacrifice); - Discounted Gym Memberships; - A Childcare Voucher Scheme (available as a Salary Sacrifice); - A Payroll Giving Scheme; - Discounted Dental Insurance. This contract was awarded following a mini-competition under Crown Commercial Services Employee Benefits and Services Framework agreement RM6273. It has an initial term of 2 years, from 01 August 2024 to 31 July 2026, with options to extend for up to two further years in one year intervals. The advertised maximum contract value includes spend incurred by DfT employees (either via. direct purchase on the employee benefits platform or through schemes, such as salary sacrifice or net pay deduction, whereby spend is incurred through DfT accounts and reclaimed by DfT via. payroll deduction), as well as management fees and likely DfT expenditure on the reward and recognition scheme. Actual spend will be largely determined by employee use of the benefits available to them under this contract.

Scope

Reference
tender_417046/1391298
Total value
£7,000,000 excluding VAT
Commercial tool
Standalone contract
Contract dates
31 Jul 2024 to 30 Jul 2026
CPV classifications
79900000

Submission & procedure

Submission deadline
29 Jul 2024, 4:00 pm

Award details

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

Awarded value

£3.5m

Award date

28 Jul 2024

Contract start

31 Jul 2024

Contract end

30 Jul 2026