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.
Key facts
- Buyer
- Cambridgeshire County Council · Regional or local authority
- Supplier
- AVC Wise Limited (T/a My Money Matters) SME
- Value
- £240,000
- Procedure
- Direct award
- Sector
- Financial & insurance services · Pension services (CPV 66520000)
- Region
- East of England
- Official notice
- View on Contracts Finder
- Timeline
-
- Contract date21 Aug 2026
- Published4 Sep 2026Published 14 days after the contract date
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)
About the supplier
AVC Wise Limited (T/a My Money Matters): every public contract they have won.