Award

Salary Sacrifice Pension AVC Scheme

DURHAM COUNTY COUNCIL

This public procurement record has 1 release in its history.

Award

25 Jan 2023 at 08:19

Summary of the contracting process

The Durham County Council has awarded a contract for the "Salary Sacrifice Pension AVC Scheme" in the business services category. The contract, valued at £132,000, was awarded to AVC Wise Ltd. The tender process was completed, and the contract period runs from April 1, 2023, to March 31, 2026. The procurement stage was an award, with the deadline for tender submission ending on January 17, 2023. The location for delivery is in the North East region, United Kingdom.

This contract with Durham County Council presents an opportunity for service providers in the business services industry, especially those experienced in managing pension schemes and financial services. The scheme requires expertise in communication, management, and collaboration with existing providers. Small and medium-sized enterprises (SMEs) would find this opportunity suitable for growth, given the focus on shared cost additional voluntary contributions (AVC) within the local government pension scheme context.

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Notice Title

Salary Sacrifice Pension AVC Scheme

Notice Description

LGPS salary sacrifice shared cost additional voluntary contribution (AVC) scheme. Managed solution to assist in the introduction, communication and on-going management of this salary sacrifice arrangement. Scheme to work with existing AVC providers.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d8d7b5fc-8387-4026-9636-2ffddf80fcf4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/435cc477-8111-41ba-9b55-9b87972ab2c3
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not applicable
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
£132,000 £100K-£500K
Lots Value
Not specified
Awards Value
£132,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Jan 20233 years ago
Submission Deadline
17 Jan 2023Expired
Future Notice Date
Not specified
Award Date
25 Jan 20233 years ago
Contract Period
31 Mar 2023 - 31 Mar 2026 3-4 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
DURHAM 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
DURHAM
Postcode
DH1 5UL
Post Town
Durham
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC41 Durham
Delivery Location
TLC North East (England)

Local Authority
County Durham
Electoral Ward
Neville's Cross
Westminster Constituency
City of Durham

Supplier Information

Number of Suppliers
1
Supplier Name

AVC WISE

Further Information

Notice Documents

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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