---
title: "Salary Sacrifice Cost Framework for additional voluntary contributions (SSAVCs)"
ocid: "ocds-h6vhtk-03d31d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03d31d"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-03d31d.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-03d31d.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "PORTSMOUTH CITY COUNCIL"
published: "2023-11-13"
---

# Salary Sacrifice Cost Framework for additional voluntary contributions (SSAVCs)

Buyer: PORTSMOUTH CITY COUNCIL  
Current stage: Award  
OCID: ocds-h6vhtk-03d31d

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## Summary

The Portsmouth City Council has awarded a contract for the provision of a Salary Sacrifice Cost Framework for additional voluntary contributions (SSAVCs). The council acts as a Central Purchasing Body under regulation 37 PCR 2015, allowing access to other UK Public Sector Organisations. The contract is valued at £35,640,000 and offers services in the insurance and pension sector. The tender was in the ‘Award’ stage as of 13th November 2023.

This procurement process presents an opportunity for businesses in the insurance and pension services industry to compete for a framework agreement. Companies offering advice, payroll reporting, employee engagement, and financial wellbeing services may find this tender well-suited for their expertise. The contract with Portsmouth City Council aims to facilitate additional voluntary contributions for public sector bodies in the United Kingdom, creating a potential avenue for business growth and collaboration.

## Notice

Portsmouth City Council ('the council') has established a single supplier Framework agreement for the provision of a Salary Sacrifice Additional Voluntary Contribution (AVC) scheme. The Framework will also be open for access by other UK Public Sector Organisations which include UK Public Sector Bodies, including Central Government, Local Authorities, Health, Police, Fire and Rescue, Education and Devolved Administrations. Portsmouth City Council introduced the first Salary Sacrifice Additional Voluntary Contribution (SSAVC) in the UK and currently delivers the service in house. The Authority are now establishing the framework to enable the service to be delivered by an external provider. SSAVCs are currently available to employers with Local Government Pension Scheme (LGPS) and NHS Pension Scheme members (this may be expanded to other organisations at a later date), and it is an employer's decision whether they implement a scheme. The key advantages are that SSAVC members can achieve significant growth figures on their savings whilst at the same time the employer also makes savings. A full list of Authorities able to access the agreement was published in appendix 1 of the tender documents. In setting up the Framework, the Council does not guarantee that any call-offs contracts will be awarded once the Framework is procured, that no form of exclusivity will be created and provides no guarantee of volume of work from either itself of other contracting authorities.

### Lot Information

Lot 1

The following is a summary of the requirements, for all information and full details please refer to the Specification given in Schedule 1 of the Framework Terms. The Supplier shall provide a service that includes but is not limited to the following: * Advice and guidance for Salary Sacrifice Additional Voluntary Contributions; * Employee engagement and communication across the workforce; * Integrated payroll reporting; * Automated application and amendment processing; * Seamless processes with investment providers; * Onsite employee presentations; * Interactive employee Webinars promoting all aspects of Financial Wellbeing; * Individual one-to-one sessions for employees to receive guidance from experts; * Provision of a web chat service and telephone helplines to support employees; * Calculators to provide employees with retirement impacts and scenarios * Full compliance with HMRC guidelines and Employment law; * Information Security and Audit Trails Optional Services The following "Optional Services" shall also be made available to Participating Authorities for further information refer to the Specification given in schedule 1 of the Framework Terms: * Standard Additional Voluntary Contributions * Investment Advice * Additional Financial Services

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/033430-2023 |
| Notice type | Tender Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 13 Nov 2023 |
| Submission deadline | 30 Jun 2023 |
| Future notice date | Not specified |
| Award date | 7 Aug 2023 |
| Contract period | Not specified |
| Recurrence | 01/06/2027 |

## Values

| Field | Value |
| --- | --- |
| Tender value | £35,640,000 |
| Lots value | £35,640,000 |
| Awards value | Not specified |
| Contracts value | £35,640,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | PORTSMOUTH CITY COUNCIL |
| Locality | PORTSMOUTH |
| Post town | Portsmouth |
| Postcode | PO1 2AL |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ3 Hampshire and Isle of Wight |
| ITL 3 | TLJ31 Portsmouth |
| Local authority | Portsmouth |
| Electoral ward | Charles Dickens |
| Westminster constituency | Portsmouth South |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | AVC WISE |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66100000 - Banking and investment services
- 66500000 - Insurance and pension services
- 66520000 - Pension services

## Release History

- 13 Nov 2023 at 12:05 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/033430-2023
- 1 Jun 2023 at 17:11 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/015625-2023

## Notice URLs

- https://in-tendhost.co.uk/portsmouthcc/aspx/home
- https://www.gov.uk/government/organisations
- https://www.home.avcwise.co.uk/
- https://www.justice.gov.uk/
- https://www.ons.gov.uk/economy/nationalaccounts/uksectoraccounts/datasets/publicsectorclassificationguide
- https://www.portsmouth.gov.uk/

## 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-h6vhtk-03d31d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-03d31d.json.