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Summary, notice description and lot information
" This framework agreement aims to provide a variety of employee benefits, including core benefits like car leasing, childcare vouchers, technology, cycle to work schemes, and additional non-mandatory benefits such as total rewards statements and dental insurance. This procurement falls under the optician services industry category with a forecasted contract value of £300 million. The contract will run from 1st February 2025 to 31st January 2029, and the procurement method was an open procedure, applicable to suppliers across the United Kingdom.
Key dates include the tender period ending on 14th October 2024, and the award date on 21st January 2025. This tender presents significant business growth opportunities for companies specialising in employee benefit services, financial education, and wellness programmes. Ideal contenders for this contract include SMEs capable of offering comprehensive benefits packages, including technology products, financial wellbeing solutions, and leisure discount schemes.
The suitability criteria specifically allow for small and medium-sized enterprises (SMEs), enhancing their chances of contributing to large public sector contracts and expanding their market reach. With awarded suppliers such as SME HCI Ltd (trading as Vivup) and Each Person, businesses interested in this field can explore partnership or subcontracting options to further leverage the economic benefits this tender offers.
Notice type, method, and CPV codes
Financial information and value estimates
The contract period is four years.
Publication, submission, and award timeline
Current status of tender, lots, awards, and contracts
Buyer organisation and contact details
Supplier who was awarded this contract
External resources and data downloads
The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector.
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