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Shared Cost AVC Scheme - Rochdale

Rochdale Metropolitan Borough Council

This public procurement record has 1 release in its history.

Award

09 Aug 2024 at 10:07

Award Notice
Summary of the contracting process

Rochdale Metropolitan Borough Council has completed a public procurement process titled "Shared Cost AVC Scheme - Rochdale" in the financial and insurance services industry category, targeting the UKD region. The procurement stage was an award without prior publication of a call for competition, following a compliant framework for salary sacrifice AVC schemes. The contract, valued at £33,000, was awarded to AVC Wise Limited (trading as My Money Matters) and was signed on 7th August 2024. This procurement primarily focuses on services linked to the Local Government Pension Scheme and includes financial services benefits for employees.

This tender presents significant opportunities for businesses specialising in employee benefit schemes, particularly those experienced with salary sacrifice and working within public sector frameworks. Businesses in the financial and insurance services sector, such as those providing AVC schemes, are well-suited to compete in similar future opportunities. Additionally, small and medium-sized enterprises (SMEs) with expertise in compliant procurement processes can leverage such contracts to expand their market presence in the public sector.

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Notice Information

Notice Title

Shared Cost AVC Scheme - Rochdale

Notice Description

Salary sacrifice employee benefit scheme linked to Local Government Pension Scheme

Lot Information

Lot 1

3 year Contract for the provision of a salary sacrifice AVC scheme. Procured through Portsmouth City Council - Salary Sacrifice Additional Voluntary Contributions Framework.

Procurement Information

Direct award using a compliant framework

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-048942
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/025166-2024
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£33,000 Under £100K

Notice Dates

Publication Date
9 Aug 20242 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
7 Aug 20242 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Rochdale Metropolitan Borough 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
SALE
Postcode
M33 7ZF
Postcode Area
Manchester
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD34 Greater Manchester South West
Delivery Location
TLD North West (England)
Local Authority
Trafford
Electoral Ward
Sale Central
Westminster Constituency
Wythenshawe and Sale East

Supplier Information

Number of Suppliers
1
Supplier Name

AVC Wise Limited (T/A My Money Matters)

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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