RFP QuestBeta
Awarded · ResultStage · contract

North Western Universities Purchasing Consortium

Pension Scheme (Defined Contribution) and Additional Benefits

Financial ServicesCPV 66520000 66131100 66141000 66510000 66511000 66512000 66522000 66523100 48000000 75310000 79900000
Value£19.0m
Awarded17 Mar 2025
Published20 Jun 2025
RegionUK-wide
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£19.0mtotal contract value
median £150k
this tender£0£20.5m

This is a large award for Financial & Insurance Services — above three-quarters of comparable contracts. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

The brief

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 notice relates only to the award of Lots 1 & 2 of this tender exercise.

The award process for Lot 3 Flexible Benefits Platform has not been concluded and, as such, will be covered in a separate contract award notice in line with the conclusion of the contract.

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Source & provenance
OCID
20897472-f72c-4fde-9bcd-5a6f1be25240
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
20250620171452-91080
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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