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Official procurement procedure

Group Life Assurance Policy

Life insurance services
Scotland (UKM)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: STUDENT LOANS COMPANY: "Group Life Assurance Policy". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthoritySTUDENT LOANS COMPANYScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: STUDENT LOANS COMPANY
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for STUDENT LOANS COMPANY. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
2.5Bids / Report
50% of reports have one bid
Supplier ConcentrationHigh Concentration
THE STREET COFFEE CO CAFE LIMITEDTop vendor: 91.8% of attributable value
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 17 active published awards; 10 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Historical Awarded Suppliers With This Authority:
Supplier NameHistoric AwardsAttributable GBP Value
THE STREET COFFEE CO CAFE LIMITED1 win£1,242,202
SOFTCAT PLC2 wins£83,450
Orangebox1 win£28,199
Procedure terms
Contracting AuthoritySTUDENT LOANS COMPANY
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published14 Jan 2026, 09:23 GMT
Last source update14 Jan 2026, 09:23 GMT
Recurring procurementNot published
ClassificationLife insurance services
Delivery area
Scotland (UKM)
OCIDocds-h6vhtk-060549
What is being bought
SLC require to engage an insurer to provide the supporting group life insurance policy.
What changed
From the official release history
  1. Status changed to complete
    14 Jan 2026, 09:23 GMT
  2. Official notice release published
    14 Jan 2026, 09:23 GMT
  3. Buyer information updated
    14 Jan 2026, 09:23 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    SLC contractually provides all employees with a life assurance benefit through a Death in Service Benefit Scheme providing a salary linked amount of benefit to beneficiaries. The amount paid is determined by the SLC Trust which has been established to oversee the Scheme. SLC require to engage an insurer to provide the supporting group life insurance policy.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    14 Jan 2026, 09:23 GMT
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 5 Nov 2025, 00:00 GMT · £676,639
Commercial outcome and competition
Awards
Zurich Corporate Risk
Not published · Not published · active
Contracts
Group Life Assurance Policy
£676,639 · signed 5 Nov 2025, 00:00 GMT · active
Bid statistics
bids: 1 (lot 1)
Buyer and organisations in this procedure

STUDENT LOANS COMPANY

Contracting authority GB-COH-02401034
View buyer profile

  • STUDENT LOANS COMPANY
    buyer

    GB-COH: 02401034
    Memphis Building Lingfield Point, Darlington, UKC13, DL11RW
    susan_butcher@slc.co.uk

  • Student Loans Company
    reviewBody

    Glasgow

  • Zurich Corporate Risk
    supplier

    GB-COH: 02456671
    Swindon, UK
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published
Planning and rationale
Planning budgetNot published
No-engagement rationaleNot published
Procedure rationaleProcured via Crown Commercial Services Insurance Services 3 Dynamic Purchasing System (RM6138) - no requirement for call for competition. Only 1 provider returned in search for Direct to Customer insurance.