Award

Shared Cost Additional Voluntary Pension Contribution Salary Sacrifice Scheme

BIRMINGHAM CITY COUNCIL

This public procurement record has 1 release in its history.

Award

10 Jun 2025 at 15:11

Summary of the contracting process

Birmingham City Council has awarded a contract for a Shared Cost Additional Voluntary Pension Contribution Salary Sacrifice Scheme, marking the completion of this procurement process. This contract falls under the category of government employee pension schemes and is part of the services industry. The procurement was conducted through a selective method, specifically as a call-off from a framework agreement, initiated by a tender. The main contract period extends from 22nd March 2025 to 21st March 2029, encompassing a duration of four years. The contract is valued at £1,180,207 and located in Birmingham, England, with the relevant postal code B1 1BB. The award was published on 10th June 2025.

This tender creates substantial business growth opportunities, particularly for small and medium-sized enterprises (SMEs) due to its specific suitability criteria for these business types. Companies within the financial services sector and those specialising in employee benefit solutions are well-suited to participate in similar tenders. An example of a successful bidder in this instance is AVC Wise Ltd (trading as My Money Matters), which successfully secured this opportunity with their services tailored to the niche requirements of managing voluntary pension contributions. Such procurement contracts can serve as a robust growth platform for businesses offering innovative pension solutions to governmental organisations.

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Notice Title

Shared Cost Additional Voluntary Pension Contribution Salary Sacrifice Scheme

Notice Description

Contract Award for a Shared Cost Additional Voluntary Pension Contribution Salary Sacrifice Scheme. This contract has been awarded under Portsmouth City Council Framework Agreement for the provision of a Shared Cost Additional Voluntary Contributions Employee Benefit Scheme.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-19aee787-83ce-4b01-a44b-3ef055a84dec
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/66a3f3fd-2e85-445c-8f09-0f6780ed3b06
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

75 - Administration, defence and social security services


CPV Codes

75320000 - Government employee pension schemes

Notice Value(s)

Tender Value
£1,180,207 £1M-£10M
Lots Value
Not specified
Awards Value
£1,180,207 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
10 Jun 20258 months ago
Submission Deadline
4 Mar 2025Expired
Future Notice Date
Not specified
Award Date
21 Mar 202511 months ago
Contract Period
22 Mar 2025 - 21 Mar 2029 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
BIRMINGHAM CITY COUNCIL
Contact Name
Not specified
Contact Email
cps@birmingham.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
BIRMINGHAM
Postcode
B1 1BB
Post Town
Birmingham
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
Not specified

Local Authority
Birmingham
Electoral Ward
Ladywood
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

AVC WISE LTD (T/A MY MONEY MATTERS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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