PFB3038 Lot 3 Benefits Platform

North Western Universities Purchasing ConsortiumcontractContracts FinderRef 20250829102539-91080SME suitablecomplete
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Estimated value

£19.0m

Awarded value

£19.0m

Awarded 21 Aug 2025

Suppliers

1

Lots

1

1 awarded

Published

29 Aug 2025

Deadline 17 Mar 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 Please note that this is the second award notice and relates to the award of Lot 3. A separate notice was published pertaining to the award of Lots 1 & 2 .

Scope

Reference
20250829102539-91080
Total value
£19,000,000 excluding VAT
Commercial tool
Standalone contract
Contract dates
24 Sept 2025 to 29 Apr 2032
CPV classifications
66520000 66131100 66141000 66510000 66511000 66512000 66522000 66523100 48000000 75310000 79900000
Particular suitability
Small and medium-sized enterprises (SME)

Submission & procedure

Submission deadline
17 Mar 2025, 1:00 pm

Award details

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

Awarded value

£19.0m

Award date

21 Aug 2025

Contract start

24 Sept 2025

Contract end

29 Apr 2032