---
title: "Shared Cost AVCs"
ocid: "ocds-b5fd17-31d536e7-6eeb-4468-bf33-dacdea4d0f29"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-31d536e7-6eeb-4468-bf33-dacdea4d0f29"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-31d536e7-6eeb-4468-bf33-dacdea4d0f29.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-31d536e7-6eeb-4468-bf33-dacdea4d0f29.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "SOUTHEND-ON-SEA BOROUGH COUNCIL"
published: "2026-04-01"
---

# Shared Cost AVCs

Buyer: SOUTHEND-ON-SEA BOROUGH COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-31d536e7-6eeb-4468-bf33-dacdea4d0f29

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## Summary

Southend-on-Sea City Council has completed the procurement process for the "Shared Cost AVCs" initiative, focusing on pension investment services within the industry category of pension services. The Council aims to introduce Shared Cost Additional Voluntary Contributions through salary sacrifice for employees who are part of the Local Government Pension Scheme, facilitating tax and National Insurance savings while promoting employee financial wellbeing. This awarded contract, valued at £43,593, was announced on 1st April 2026, with a contract period starting on 1st May 2026 and ending on 30th May 2029. The procurement method was selective, executed as a call-off from a framework agreement, at Southend-on-Sea with postal code SS2 6ER.

This procurement process presents avenues for business growth particularly suitable for small to medium-sized enterprises (SMEs) specialising in pension investment services. By engaging in this type of initiative, businesses can leverage their expertise in government employee pension schemes and contribute to enhancing financial benefits for both the organisation and its workforce. As Southend-on-Sea Borough Council prioritises financial wellbeing and employee engagement, businesses proficient in these services would be well-positioned to compete in similar procurement opportunities, fostering sustainable growth in sectors associated with financial management and public sector pensions.

## Notice

Southend-on-Sea City Council are looking to introduce Shared Cost Additional Voluntary Contributions (AVCs) via salary sacrifice for employees who are members of the Local Government Pension Scheme (LGPS). The scheme offers significant financial benefits to both employees and the organisation, including tax and National Insurance savings and supports employee financial wellbeing as well as long-term retention and engagement.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/9fada9dc-e02e-4ea7-9270-047586156521 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 1 Apr 2026 |
| Submission deadline | 17 Dec 2025 |
| Future notice date | Not specified |
| Award date | 31 Mar 2026 |
| Contract period | 30 Apr 2026 - 30 May 2029 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £43,593 |
| Lots value | Not specified |
| Awards value | £43,593 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | SOUTHEND-ON-SEA BOROUGH COUNCIL |
| Locality | SOUTHEND-ON-SEA |
| Post town | Southend-on-Sea |
| Postcode | SS2 6EN |
| Country | England |
| ITL 1 | TLH East (England) |
| ITL 2 | TLH3 Essex |
| ITL 3 | TLH31 Southend-on-Sea |
| Local authority | Southend-on-Sea |
| Electoral ward | Victoria |
| Westminster constituency | Southend East and Rochford |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | AVC WISE LIMITED (T/A MY MONEY MATTERS |

## CPV Codes

### Divisions

- 66 - Financial and insurance services
- 75 - Administration, defence and social security services

### Codes

- 66131100 - Pension investment services
- 66520000 - Pension services
- 75320000 - Government employee pension schemes

## Release History

- 1 Apr 2026 at 15:21 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/9fada9dc-e02e-4ea7-9270-047586156521

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/9fada9dc-e02e-4ea7-9270-047586156521
  1st April 2026 - Awarded contract notice on Contracts Finder

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-31d536e7-6eeb-4468-bf33-dacdea4d0f29. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-31d536e7-6eeb-4468-bf33-dacdea4d0f29.json.