Award

Staff Benefits- AVC Scheme

HULL CITY COUNCIL

This public procurement record has 1 release in its history.

Award

12 Nov 2025 at 11:57

Award Notice
Summary of the contracting process

Hull City Council has completed a procurement process for "Staff Benefits- AVC Scheme" within the pension services category. The award was made to AVC Wise Ltd, trading as My Money Matters, by direct award through a framework managed by Portsmouth City Council. The contract, covering pension fund administration services, will begin on 1st December 2025 and run until 30th November 2026. This contract, which extends the original three-year agreement from October 2022, is located in Yorkshire and the Humber, United Kingdom.

This tender presents potential business growth opportunities, especially for firms operating within the pension services industry. While the procurement was a direct award to a single supplier, businesses that are small and medium-sized enterprises (SMEs) might consider future opportunities in similar frameworks or sub-contracting roles. The focus on a shell benefit scheme signifies potential involvement in employee benefits management, making it especially appealing to companies with experience in financial services and pension fund administration.

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Notice Information

Notice Title

Staff Benefits- AVC Scheme

Notice Description

Provision of the Shared Cost Additional Voluntary Contribution Scheme, conducted by way of direct award to AVC Wise Ltd T/A My Money Matters. The exercise is through a single supplier framework set up by Portsmouth City Council - Salary Sacrifice Additional Voluntary Contributions Framework. The original contract was signed on 27 October 2022 for a period of 36 months with the option to extend for two periods of 12 months. This contract represents the first of those extensions, beginning on 1st December 2025.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-84d56df6-f4bb-4647-bab8-308d5f4675b5
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e3fdff86-3be9-4484-8cce-3b77fa230145
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66520000 - Pension services

66521000 - Individual pension services

66523100 - Pension fund administration services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
12 Nov 20253 months ago
Submission Deadline
9 Oct 2025Expired
Future Notice Date
Not specified
Award Date
12 Nov 20253 months ago
Contract Period
1 Dec 2025 - 30 Nov 2026 6-12 months
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
HULL 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
HULL
Postcode
HU1 2AA
Post Town
Hull
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE1 East Yorkshire and Northern Lincolnshire
Small Region (ITL 3)
TLE11 Kingston upon Hull, City of
Delivery Location
TLE Yorkshire and The Humber
Local Authority
Kingston upon Hull, City of
Electoral Ward
St Andrew's & Docklands
Westminster Constituency
Kingston upon Hull West and Haltemprice

Supplier Information

Number of Suppliers
1
Supplier Name

AVC WISE

Further Information

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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