Award

Shared Cost AVC Scheme

NORTH SOMERSET COUNCIL

This public procurement record has 1 release in its history.

Award

09 Jan 2026 at 12:20

Award Notice
Summary of the contracting process

North Somerset Council has awarded a contract for a "Shared Cost AVC Scheme," an investment service related to pensions, categorized under CPV 66131100. This procurement was conducted using a selective method through a call-off from a framework agreement. The procurement stage has progressed to the award phase, with the contract officially awarded on 28th November 2025. The contract, valued at GBP 86,400, runs from 1st January 2026 to 31st December 2028, serving the South West region of the United Kingdom.

This tender offers significant business growth opportunities, particularly for large-scale firms specialising in pension investment services, although it is not aimed at SME or VCSE organisations. With the contract spanning three years, it provides a stable and predictable revenue stream, fostering long-term strategic partnerships with public sector entities like North Somerset Council. The successful bidder, My Money Matters, exemplifies the type of professional collaboration large businesses can undertake within this sector.

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Notice Information

Notice Title

Shared Cost AVC Scheme

Notice Description

A shared cost AVC scheme (which is pension related).

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-27d2e9c9-21a1-4d5c-9008-bdd90869a322
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6873b220-37d1-4728-bb17-79a1c2946fb6
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66131100 - Pension investment services

Notice Value(s)

Tender Value
£86,400 Under £100K
Lots Value
Not specified
Awards Value
£86,400 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
9 Jan 20261 months ago
Submission Deadline
31 Oct 2025Expired
Future Notice Date
Not specified
Award Date
28 Nov 20252 months ago
Contract Period
1 Jan 2026 - 31 Dec 2028 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
NORTH SOMERSET 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
WESTON-SUPER-MARE
Postcode
BS23 1UJ
Post Town
Bristol
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK6 North Somerset, Somerset and Dorset
Small Region (ITL 3)
TLK61 North Somerset
Delivery Location
TLK South West (England)
Local Authority
North Somerset
Electoral Ward
Weston-super-Mare Central
Westminster Constituency
Weston-super-Mare

Supplier Information

Number of Suppliers
1
Supplier Name

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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