Awarded without open competition
Awarded without open competition. The buyer went directly to one or a few suppliers instead of advertising the contract. Procurement rules allow this only in specific cases, such as extreme urgency, when only one supplier can do the work, or for call-offs from an existing framework.
Key facts
- Buyer
- Student Loans Company · Body governed by public law
- Supplier
- Zurich Corporate Risk
- Value
- £676,638.86
- Procedure
- Award procedure without prior publication of a call for competition
- Sector
- Financial & insurance services · Life insurance services (CPV 66511000)
- Region
- Scotland
- Official notice
- 002930-2026 on Find a Tender
- Timeline
-
- Contract date5 Nov 2025
- Published14 Jan 2026Published 70 days after the contract date
Description
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.
About the supplier
Zurich Corporate Risk: every public contract they have won, plus their Companies House record (company 02456671).