Contract award · 28 Jan 2025

Salary Sacrifice Shared Cost Additional Voluntary Contributions Scheme

Cumbria Constabulary awarded “Salary Sacrifice Shared Cost Additional Voluntary Contributions Scheme” to AVC Wise Limited (t/a My Money Matters) for £2.5m.

Financial & insurance servicesNorth West

Competition with a shortlist

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

Key facts

Value
£2,500,000
Procedure
Call-off from a framework agreement
Sector
Financial & insurance services · Banking and investment services (CPV 66100000)
Timeline
  1. Contract date28 Jan 2025
  2. Published5 May 2025Published 97 days after the contract date

Description

The Police, Fire and Crime Commissioner for Cumbria and The Chief Constable of Cumbria Constabulary - Direct award call-off Portsmouth City Council's salary sacrifice additional voluntary contributions framework (SSAVC). For an initial 4-year period with optional extension up to 9th February 2030. The total estimated contract value is for the potential 5-year period based on estimated total value of salary sacrificed over this period.

About the supplier

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