Award

SC19014 Salary Sacrifice Shared Cost Added Voluntary Contributions SS SC AVC

KENT COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

12 Mar 2020 at 15:12

Summary of the contracting process

The recent public procurement process titled "SC19014 Salary Sacrifice Shared Cost Added Voluntary Contributions SS SC AVC" was conducted by Kent County Council, based in Maidstone, England. This procurement falls within the insurance and pension services industry category and has successfully moved through the award stage. The contract, which commenced on 10th February 2020, is valued at £127,200 and is set to last until 9th February 2023. This selective procurement was undertaken using a negotiated procedure, with the tender period closing on 17th December 2019.

This tender offers significant opportunities for business growth, particularly for small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations. The successful supplier, AVC Wise Limited, is expected to provide a fully managed solution to implement and promote the Salary Sacrifice Shared Cost AVC scheme. Businesses with capabilities in providing accessible online systems and promotional services would be well-positioned to compete in similar future tenders, leveraging expertise in employee benefits and pension schemes.

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Notice Title

SC19014 Salary Sacrifice Shared Cost Added Voluntary Contributions SS SC AVC

Notice Description

CONTRACT AWARD: The Council required expertise to assist them in the implementation of the scheme and to increase its membership. The Salary Sacrifice Shared Cost AVC (SS SC AVC) scheme for employees is one that will maximise National Insurance (NI) Contributions savings for both employees and the local authority through the salary sacrifice arrangement. The successful supplier will be expected to: * provide a fully managed solution to facilitate the implementation, promotion and administration of such a scheme; * provide an online system which is accessible to all employees as per the new accessibility regulation(September 2019); * work with the Council to promote the scheme to KCC employees, including provision of suitable material to be shared through various media and running briefing sessions for employees.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-22c35497-f7c2-4bb8-823f-666b24e0533e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3d0d7b76-5683-41fd-bb62-1e1b4fb0bf40
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Negotiated procedure
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66500000 - Insurance and pension services

Notice Value(s)

Tender Value
£127,200 £100K-£500K
Lots Value
Not specified
Awards Value
£127,200 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
12 Mar 20205 years ago
Submission Deadline
17 Dec 2019Expired
Future Notice Date
Not specified
Award Date
14 Jan 20206 years ago
Contract Period
10 Feb 2020 - 9 Feb 2023 3-4 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
KENT COUNTY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MAIDSTONE
Postcode
ME14 1XQ
Post Town
Rochester
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ4 Kent
Small Region (ITL 3)
TLJ45 Mid Kent
Delivery Location
TLJ South East (England)

Local Authority
Maidstone
Electoral Ward
Penenden Heath
Westminster Constituency
Maidstone and Malling

Supplier Information

Number of Suppliers
1
Supplier Name

AVC WISE

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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