Awarded contract

CPU 8044 Shared Cost Additional Voluntary Contributions (SCAVC) Scheme

Details

Supplier(s)
MyMoneyMatters
Value
£63,000
Duration
3 years
Topic
Pension investment services
Published
6 January 2026

Tender description

LGPS members are currently permitted to contribute to a standard AVC scheme and receive Income Tax relief on their contributions. AVCs are a long-term pension savings plan that runs alongside the main LGPS scheme and allows members to build up a 100% tax free capital sum. On retirement, they can access the benefits through a range of options including the ability to receive the lump sum in most cases.

Timeline

  1. Completed: Award date5 January 2026
  2. Completed: Award published6 January 2026
    Current notice
  3. Next: Contract expiry date4 January 2029in 2 years

About the buyer

Nottingham City Council is a unitary local authority for the city of Nottingham, and organises procurement through category management teams covering people, places and products. Suppliers register on the East Midlands Tenders portal, the e-procurement system used across Nottinghamshire's public bodies, to view and respond to opportunities. Larger contracts also appear on Find a Tender, following the Procurement Act 2023. Framework agreements with Scape, the Eastern Shires Purchasing Organisation and the Crown Commercial Service route much of its procurement. Registered suppliers must also join the Central Digital Platform to bid on invitation to tender exercises.

UK local government drives £140bn in annual procurement, led by social protection (£66.6bn) and education (£57.1bn).

Over the past 5 years, most of Nottingham City Council's contract awards have been in construction work, health and social work and transport services.

Relevant CPV codes

  • 66131100 · Pension investment services
  • 66520000 · Pension services
  • 75310000 · Benefit services

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Decision makers

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Contact nameJob titlePhone numberWork email
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Contracts Manager+44 •••• ••••••

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