NOE CPC Employee Benefits for Health, Wealth & Wellbeing II
Overview
Summary, notice description and lot information
The North of England Commercial Procurement Collaborative (NOE CPC) has concluded the award stage for the tender titled "NOE CPC Employee Benefits for Health, Wealth & Wellbeing II." 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.
Framework Agreement for Employee Benefits for Health, Wealth and Wellbeing that provides a varied offering of goods and services to motivate and engage employees to help demonstrate the value the employer places upon them covering: Core Benefits (Mandatory) Car Leasing Childcare Vouchers/directly contracted schemes and/or Tax Free Childcare as applicable (HMRC Approved) Technology Cycle to Work Scheme (HMRC Approved) Employee Assistance Programme (EAP) Payroll Giving (HMRC Approved) Reward and Recognition Gym Membership Financial Wellbeing including financial education. savings and access to affordable loans Leisure and Retail Discount including E Gift Cards/E Discount Codes Additional Benefits (Non-Mandatory) May also form part of the requirement for any Participating Authority -- including but not limited to the following: Total Rewards Statement Shared Cost Additional Voluntary Contribution Schemes (SCAVC's) Buying and Selling of Annual Leave Holiday Scheme Eyecare Scheme Dental Insurance
Procurement Classification
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Contract Values
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The contract period is four years.
Key Dates
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Notice Status
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Contracting Authority
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Awarded Supplier
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Documents & Links
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