Awarded contract

TD2117- Shared Cost Additional Voluntary Contributions (Pension)

Details

Supplier(s)
AVC Wise Ltd
Value
£149,040
Topic
Human resources management consultancy services
Published
15 April 2024

Tender description

Shared Cost AVC's are a salary sacrifice scheme offered to employees who are members of the Local Government Pension Scheme. Lot 1: To provide Local Government Pension scheme members the option to join a Shared Cost AVC salary sacrifice scheme to enable the employee to build an additional pot of money alongside their LG pension contributions that is exempt from Income Tax and National Insurance, with the potential to take it all as a tax-free lump sum on retirement.

Timeline

  1. Completed: Award published15 April 2024
    Current notice
  2. Completed: Award date15 April 2024

About the buyer

Derby City Council is a local authority covering the city of Derby, and its corporate procurement service supports buying across the organisation. Derby draws on framework agreements through the Eastern Shires Purchasing Organisation and the Crown Commercial Service. Lower-value requirements can be sourced directly through quotations obtained by council officers. Buyer and supplier events give the procurement team a way to engage the market before a tender is published.

Over the past 5 years, most of Derby City Council's contract awards have been in education and training, construction work and business services.

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Decision makers

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