Award

Provision of a Salary Sacrifice Additional Voluntary Contribution (AVC) Scheme for Local Government Pension Scheme Members

SUNDERLAND CITY COUNCIL

This public procurement record has 2 releases in its history.

Award

16 Feb 2022 at 08:45

Award Notice
Tender

10 Jan 2022 at 11:08

Tender Notice
Summary of the contracting process

Sunderland City Council is seeking to establish a partnership for the provision of a Salary Sacrifice Additional Voluntary Contribution (AVC) Scheme for members of the Local Government Pension Scheme. The procurement process is classified under human resources management consultancy services and follows an open procedure. The contract period is set to start on 1st February 2022 and will last until 1st February 2025. The tender for this opportunity closed on 24th January 2022.

This procurement presents significant growth opportunities for businesses that specialize in human resources management and consultancy services, particularly those with experience in pension schemes. The successful contractor will be responsible for implementing a fully managed AVC scheme, including providing a dedicated website and administration facilities. Small and medium-sized enterprises (SMEs) would be particularly well-suited to compete for this contract, given the specifications and partnership-oriented nature of the project.

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Notice Information

Notice Title

Provision of a Salary Sacrifice Additional Voluntary Contribution (AVC) Scheme for Local Government Pension Scheme Members

Notice Description

Sunderland City Council already offers standard AVCs (Added Voluntary Contributions) with Prudential to staff in the Local Government Pension Scheme (LGPS). Currently AVCs are not generally promoted in any way within Sunderland City Council; therefore, there is a relatively low level of take up with the current standard AVC scheme. The purpose of this procurement exercise is to partner with a new service provider with a view to implementing and promoting a new salary sacrifice AVC scheme to increase AVC participation throughout the organisation. The contract agreement will be very much a partnership agreement between the Council and the successful contractor which will be delivered by the contractor as a fully managed solution. This will entail the provision of a dedicated website which incorporates an administration facility to fully-manage employee applications and salary sacrifice data.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-40677834-9785-4f34-aca6-579869b08bf1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e6f9dce8-ba14-4876-a2fe-dbe8e8e022ea
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79414000 - Human resources management consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£119,600 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Feb 20224 years ago
Submission Deadline
24 Jan 2022Expired
Future Notice Date
Not specified
Award Date
16 Feb 20224 years ago
Contract Period
2 Mar 2022 - 1 Feb 2025 2-3 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
SUNDERLAND CITY 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
SUNDERLAND
Postcode
SR1 3AD
Post Town
Sunderland
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC44 Sunderland
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)
Local Authority
Sunderland
Electoral Ward
Millfield
Westminster Constituency
Sunderland Central

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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