Group Life Assurance
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Key information
Overview
Orbit Group is seeking to appoint a suitably qualified and experienced provider to deliver Group Life Assurance services for eligible employees. The successful provider will deliver a reliable, compliant and cost-effective death in service benefit that supports Orbit Group and provides financial protection to employees nominated beneficiaries. Pleaes note that Orbit are seeking Bid Submissions from suitably qualified insurers or providers who are able to contract directly with Orbit and deliver the Group Life Assurance services. Bid Submissions from brokers, intermediaries or agents acting only in an intermediary or advisory capacity will not be accepted. The successful Bidder will, however, be required to work collaboratively with Orbit's appointed broker/adviser (EBC) in connection with the placement, administration and ongoing management of the scheme. Please note that a Planned Procurement notice for this tender was published on 11th August 2026 therefore qualifying a reduced tendering period. The reduced tender period is not due to state of urgency.
Renewal: An extension of the contract may be awarded upon agreement by both parties following review/benchmark of the supplier's proposed pricing foreach 12 month period.
Estimated value: 891,000 GBP including VAT
Procurement Act 2023
Open procedure
This tender opportunity is being run on the Proactis e-procurement porta, Procontract. All documents are available on the portal to view and download. Any queries must be raised via the portal. All tender submission must be submitted through the portal. https://procontract.due-north.com/
All tender documents can be viewed and downloaded on the e-procurement portal 'Proactis'.: https://procontract.due-north.com