Award

Shared Cost Additional Voluntary Contributions

ISLE OF WIGHT COUNCIL

This public procurement record has 1 release in its history.

Award

03 Jan 2023 at 12:19

Summary of the contracting process

The Isle of Wight Council has awarded a contract for "Shared Cost Additional Voluntary Contributions" in the services category. The contract, with a value of £37,500 in GBP, will run from 1st January 2023 to 31st December 2027 with a possibility of extension. The procurement method used was a direct award, and the tender period ended on 3rd November 2022. The buying organisation involved is the Isle of Wight Council, located at County Hall, High Street, Newport, United Kingdom.

This tender opportunity for "Shared Cost Additional Voluntary Contributions" could be beneficial for small and medium enterprises (SMEs) in the financial services sector. Companies interested in salary sacrifice schemes and fiscal services could find this contract appealing. With a clear term and value outlined, businesses can plan strategically to compete and offer their services to the Isle of Wight Council under this procurement opportunity.

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Notice Title

Shared Cost Additional Voluntary Contributions

Notice Description

This is a salary sacrifice scheme that saves NI and Apprenticeship levy for the Employer and NI and Tax for the Employee. The initial term is from 01/01/2023 to 21/12/2025 with the option to extend for a further 2 years until 31/12/2027. Additional information: The estimated value given depends on scheme take up and is estimated for the whole contract duration including any possible extension period.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7c248d98-42f0-40a3-aabe-64d1c5096b9b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7c8968d6-1ed5-44e1-ba7a-6888fcd380b8
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79200000 - Accounting, auditing and fiscal services

Notice Value(s)

Tender Value
£37,500 Under £100K
Lots Value
Not specified
Awards Value
£37,500 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Jan 20233 years ago
Submission Deadline
3 Nov 2022Expired
Future Notice Date
Not specified
Award Date
4 Nov 20223 years ago
Contract Period
1 Jan 2023 - 31 Dec 2027 Over 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
ISLE OF WIGHT 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
NEWPORT
Postcode
PO30 1UD
Post Town
Portsmouth
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ34 Isle of Wight
Delivery Location
TLJ South East (England)

Local Authority
Isle of Wight
Electoral Ward
Newport Central
Westminster Constituency
Isle of Wight West

Supplier Information

Number of Suppliers
1
Supplier Name

AVC WISE

Further Information

Notice Documents

Notice URLs

Open Contracting Data Standard (OCDS)

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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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