Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

AVC Salary Sacrifice Scheme

Scottish Borders Council

This public procurement record has 1 release in its history.

Award

25 Apr 2025 at 01:00

PCS Notice - Website Contract Award Notice
Summary of the contracting process

The Scottish Borders Council, acting as the contracting authority, has completed the procurement process for the "AVC Salary Sacrifice Scheme", a contract providing Shared Cost Additional Voluntary Contributions for its employees. Situated in Newtown St Boswells, the council operates within the general public services category under the industry classification. This contract falls under the service category and is located in the UKM91 region. Crucially, the procurement was conducted through a limited method without prior publication due to the continuation of an existing service that could only be supplied by AVC Wise Limited. The contract, awarded on 27 March 2025, was valued at £270,000 and is now active, signifying the award stage of the procurement lifecycle.

This tender presents a significant growth opportunity for businesses in the financial services industry, particularly for those that specialise in employee benefit schemes like salary sacrifice. While the contract was uniquely suited to AVC Wise Limited due to technical reasons, businesses with similar capabilities in providing dedicated, tailor-made financial services to local authorities could find opportunities for future collaborations. The emphasis on specialised services in a niche market underscores the potential for small to medium-sized enterprises (SMEs) to carve their niche by developing innovative, bespoke solutions to meet specific public sector needs.

How relevant is this notice?

Notice Information

Notice Title

AVC Salary Sacrifice Scheme

Notice Description

Provision of Shared Cost Additional Voluntary Contributions for employees of Scottish Borders Council.

Lot Information

Lot 1

The provision of Shared Cost Additional Voluntary Contributions for employees of Scottish Borders Council.

Procurement Information

This contract is for continuation of an existing service which is available only from this supplier.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-r6ebe6-0000792941
Publication Source
Public Contracts Scotland
Latest Notice
https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=APR528935
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
PCS Notice - Website Contract 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

66131100 - Pension investment services

66141000 - Pension fund management services

66520000 - Pension services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£270,000 £100K-£500K

Notice Dates

Publication Date
25 Apr 20251 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
27 Mar 20251 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Not Specified
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Scottish Borders 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
NEWTOWN ST BOSWELLS
Postcode
TD6 0SA
Postcode Area
Galashiels
Country
Scotland
Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM9 Southern Scotland
Small Region (ITL 3)
TLM91 Scottish Borders
Delivery Location
TLM91 Scottish Borders
Local Authority
Scottish Borders
Electoral Ward
Selkirkshire
Westminster Constituency
Berwickshire, Roxburgh and Selkirk

Supplier Information

Number of Suppliers
1
Supplier Name

AVC Wise Limited

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...