Contract award · 15 Dec 2025

Additional Voluntary Contribution Scheme

South Tyneside Borough Council awarded “Additional Voluntary Contribution Scheme” to AVC Wise Limited (T/a My Money Matters) for £3.35m.

No competitionFinancial & insurance servicesNorth East

Awarded without open competition

Awarded without open competition. The buyer went directly to one or a few suppliers instead of advertising the contract. Procurement rules allow this only in specific cases, such as extreme urgency, when only one supplier can do the work, or for call-offs from an existing framework.

What “without competition” means

Key facts

Buyer
South Tyneside Borough Council · Regional or local authority
Value
£3,347,110
Procedure
Award procedure without prior publication of a call for competition
Sector
Financial & insurance services · Pension investment services (CPV 66131100)
Timeline
  1. Contract date15 Dec 2025
  2. Published3 Feb 2026Published 50 days after the contract date

Description

salary sacrifice scheme for additional voluntary contributions.

About the supplier

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