Opportunity - TEN_592 - Procurement of a staff benefits platform (software) with the associated services including brokerage .
Financial Ombudsman Service · United Kingdom
Key facts
- Estimated value
- £1,250,000
- Closing date
- 24 Jan 2022
- Contract starts
- 30 Jun 2022
- Contract ends
- 30 Sep 2026
- Procedure
- Open procedure (above threshold)
- Buyer type
- Other public body
Description
The Financial Ombudsman Service would like to post this open tender opportunity in order to source a supplier and award a contract for period of 4 years with an option to extend by 2 periods of 12 months each for the procurement of a staff benefits platform (software) with the associated services including brokerage .
The high level requirements are as follows (Full specification can be found in the procurement documentation ref: ITT Volume 2 - Specification):
- A flexible benefits platform (cloud based) which allows the hosting of our core, flexible and voluntary benefits as listed in our package (the system must have the ability to interface / integrate with our HR and Finance system, Workday. The list of benefits and all technical information can be found in the tender documentation. - Total reward statements (either point in time or dynamic) allowing staff to see their total reward in a single statement. The statement should contain information taken from our new Workday system. - Brokering of current insured benefits - Provision of educational materials such as (but not limited to) financial education, lifestyle and pension information. - Back office module to allow full and dynamic statistical reporting of benefits by Service personnel. - Ability to download benefit selection information to support payroll operations. - Supplier will be required to deliver a launch event(s) for the new platform. - Full promotional plan (with support) for the benefits programme, including (but not limited to) benefit fairs (in real life and/or virtual) - Telephone and email helpline for employees and administrators.
Our current contract expires in September 2022 so we are looking to have a new contract in place for implementation to commence in July 2022 and a Go Live date of 01st October 2022.
Please logon to our e-procurement tool Jaggaer to access the procurement documentation in order to tender for this opportunity:
https://procurement.financial-ombudsman.org.uk/web/login.html
This tender reference number is TEN_592
Categories (CPV)
- 18530000 Presents and rewards
- 30200000 Computer equipment and supplies
- 66000000 Financial and insurance services
- 66518100 Insurance brokerage services
- 75310000 Benefit services
- 79000000 Business services: law, marketing, consulting, recruitment, printing and security
- 85312310 Guidance services
- 98300000 Miscellaneous services
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