Awarded contract

Salary Sacrifice Shared Cost Additional Voluntary Contributions (AVCs)

Details

Supplier(s)
AVC Wise Ltd
Value
£240,000
Duration
2 years
Topic
Pension services
Published
4 September 2026

Tender description

This procurement is for the provision of a fully managed salary sacrifice shared cost Additional Voluntary Contribution (AVC) Scheme provider. Our current contract is with My Money Matters (formerly AVC wise and was procured in 2023. We are seeking to replicate the offering provided by My Money Matters under the new contract, which includes provision of the shared cost AVC Scheme as well as provision of a range of financial wellbeing resources via an online platform. Additional information: Portsmouth City Council Salary Sacrifice Shared Cost Framework for additional voluntary contributions (SSAVCs)

Timeline

  1. Completed: Award published4 September 2026
    Current notice
  2. Completed: Award date5 September 2026
  3. Next: Contract expiry date4 September 2028in 2 years

About the buyer

Cambridgeshire County Council buys as a local authority for Cambridgeshire, with a dedicated procurement and commercial team supporting suppliers. The children's commissioning team runs dynamic purchasing systems for external placements, home and community support and supported accommodation for young people. A separate dynamic purchasing system covers education and social care transport, from minibuses to taxis.

Health related contracts are commissioned through the Provider Selection Regime instead.

Over the past 5 years, most of Cambridgeshire County Council's contract awards have been in health and social work, construction work and IT services.

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