Contract award · 1 Apr 2026

Shared Cost AVCs

Southend-on-sea Borough Council awarded “Shared Cost AVCs” to AVC Wise Limited (T/a My Money Matters) for £43,593 on 1 Apr 2026.

Financial & insurance servicesEast of England

Competition with a shortlist

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

Key facts

Buyer
Southend-on-sea Borough Council · Regional or local authority
Value
£43,593
Procedure
Call-off from a framework agreement
Sector
Financial & insurance services · Pension investment services (CPV 66131100)
Timeline
  1. Contract date1 Apr 2026
  2. Published1 Apr 2026Published the same day

Description

Southend-on-Sea City Council are looking to introduce Shared Cost Additional Voluntary Contributions (AVCs) via salary sacrifice for employees who are members of the Local Government Pension Scheme (LGPS). The scheme offers significant financial benefits to both employees and the organisation, including tax and National Insurance savings and supports employee financial wellbeing as well as long-term retention and engagement.

About the supplier

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