Contract award · 18 Mar 2026

Salary Sacrifice Additional Voluntary Contributions (AVCs) Scheme

Warwickshire Police awarded “Salary Sacrifice Additional Voluntary Contributions (AVCs) Scheme” to AVC Wise Limited (T/a My Money Matters) for £55,000.

Financial & insurance servicesWest Midlands

Competition with a shortlist

Competitive procedure with a selection stage: suppliers were shortlisted before being invited to bid.

Key facts

Buyer
Warwickshire Police · Body governed by public law
Value
£55,000
Procedure
Call-off from a framework agreement
Sector
Financial & insurance services · Banking and investment services (CPV 66100000)
Timeline
  1. Contract date18 Mar 2026
  2. Published19 Mar 2026Published 1 day after the contract date

Description

A contract has been awarded for the continued provision of a Salary Sacrifice Additional Voluntary Contributions (AVCs) Scheme for Warwickshire Police staff and PCSOs. The Authority is required to provide active members of the Local Government Pension Scheme a facility to access AVCs. This is an existing staff benefit and has been awarded to the incumbent provider. This is a below threshold direct award via Portsmouth City Council's Salary Sacrifice Additional Voluntary Contributions Framework (Find a Tender Notice reference: 2023/S 000-015625) and as such is compliant with PCRs2015. The contract is for a term of 3 years with no options to extend. The approximate value is £16,500 plus VAT, as applicable on consultancy and admin services, per annum but with increasing staff uptake. Therefore a total contract value range has been provided based on a reasonable uplift of annual take up, the annual value has been increased by 10% per annum for the term of the contract.

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