Employee Health and Wellbeing Cash Plan

" This contract falls within the services industry category, specifically encompassing insurance, health, and safety consultancy services, and is set to be delivered in the United Kingdom. Bidders have until 4 February 2026, 17:00 GMT to submit their tenders, with the enquiry period closing on 23 January 2026. The procurement method employed is an open procedure, adhering to legal guidelines as per the UKPGA 2023/54 and will be evaluated based on price and quality, each holding a 50% weighting.

The contract is significant with a gross value of GBP 720,000 and is scheduled to commence on 1 April 2026, running through to 31 March 2029. This tender presents a substantial opportunity for businesses operating within the insurance and health services industries, particularly those offering health and voluntary insurance services. Companies providing safety consultancy could also find scope for considerable business growth by participating in this procurement.

The open procedure favours competitive bids ensuring a level playing field for all qualified suppliers. Those with the capability to provide comprehensive employee health services would be well-suited to compete, especially enterprises with a track record of balancing cost efficiency with service quality. Being awarded this contract could bolster a company's reputation in the public sector and offer lucrative prospects through recurring service opportunities.