Source: https://tendernation.io/opportunities/01a13c23-7487-7153-a5ae-439624cbe2f3/bbc-life-assurance-can-cf

awarded GB open procedure

# BBC Life Assurance (CAN CF)

[The British Broadcasting Corporation (BBC)](https://tendernation.io/buyers/the-british-broadcasting-corporation-bbc)

Estimated value

£1

Published

3 May 2018

Deadline

Closed

21 Apr 2017

## Who can bid

- Small contract value

    Valued under £135,018 including VAT, the lowest Procurement Act threshold for goods and services.
- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

## About this tender

The BBC went to market for a Life Assurance Policy for c9,000 BBC employees who joined the BBC on or after 1 December 2010. Employees who joined the BBC before 1 December 2010 are covered under a separate arrangement and were not included in this exercise. All employees are covered for a minimum lump sum of two times life cover pensionable salary. Employees who elect to join the BBC's defined contribution plan called LifePlan are covered for four times life cover pensionable salary. Around 4,000 employees are currently members of LifePlan and covered for the higher lump sum.

The contract value is within the £600,000 - £1,500,000 advertised in the contract notice.

## CPV classification

Life insurance services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/5832f21d-7ee7-48b5-bce8-408da305a7db)

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