Award

Salary Sacrifice Shared Cost Additional Voluntary Contributions Scheme

KENT COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

24 Feb 2025 at 08:53

Summary of the contracting process

Kent County Council has completed the procurement process for a Salary Sacrifice Shared Cost Additional Voluntary Contributions Scheme, awarding a 3-year contract to AVCWise, with an option to extend for up to 2 years. The procurement was conducted under the Portsmouth City Council framework, categorised under government employee pension schemes (CPV code 75320000). The contract period starts on 20th February 2025 and ends on 19th February 2028. The total contract value is £560,000, and services will be provided at the council's location in Maidstone (ME14 1XQ).

This tender presents an excellent opportunity for businesses specialising in employee benefits and pension schemes to benchmark their offerings against industry standards. Large-scale enterprises with experience in managing government employee pension schemes are well-suited to participate in similar future opportunities. Engaging in such contracts can offer significant growth prospects and enable businesses to expand their clientele within the public sector. The use of a framework agreement highlights the efficiency and selectivity of the procurement process, ensuring that providers meet the high standards required by the council.

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Notice Title

Salary Sacrifice Shared Cost Additional Voluntary Contributions Scheme

Notice Description

Kent County Council have awarded AVCWise a 3 Year contract with the option to extend for a maximum of 2 years via Portsmouth City Council's Salary sacrifice additional voluntary contributions framework to provide a fully comprehensive Salary Sacrifice AVC service for the Council. The contract was direct awarded to AVCWise as the sole supplier on the framework.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b3234240-6193-4ffa-9abc-7c3ed44ee371
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b557f580-80e8-4b5d-807c-7bd8ec51a45c
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

75 - Administration, defence and social security services


CPV Codes

75320000 - Government employee pension schemes

Notice Value(s)

Tender Value
£560,000 £500K-£1M
Lots Value
Not specified
Awards Value
£560,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
24 Feb 202512 months ago
Submission Deadline
31 Jan 2025Expired
Future Notice Date
Not specified
Award Date
19 Feb 20251 years ago
Contract Period
20 Feb 2025 - 19 Feb 2028 2-3 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
Not specified

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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