Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
DERBY CITY COUNCIL
Corporation Street
Derby
DE1 2FS
UK
E-mail: procurement@derby.gov.uk
NUTS: UKF11
Internet address(es)
Main address: https://www.derby.gov.uk/
I.4) Type of the contracting authority
Regional or local authority
I.5) Main activity
General public services
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
TD2117- Shared Cost Additional Voluntary Contributions (Pension)
Reference number: TD2117
II.1.2) Main CPV code
79414000
II.1.3) Type of contract
Services
II.1.4) Short description
Shared Cost AVC's are a salary sacrifice scheme offered to employees who are members of the Local Government Pension Scheme.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
149 040.00
GBP
II.2) Description
II.2.3) Place of performance
NUTS code:
UKF11
II.2.4) Description of the procurement
To provide Local Government Pension scheme members the option to join a Shared Cost AVC salary sacrifice scheme to enable the employee to build an additional pot of money alongside their LG pension contributions that is exempt from Income Tax and National Insurance, with the potential to take it all as a tax-free lump sum on retirement.
II.2.5) Award criteria
Price
II.2.11) Information about options
Options:
Yes
Description of options:
Initial contract term of 3 years plus an option to extend for 2 x 12 months, contract to commence 01/06/2024
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Award of a contract without prior publication of a call for competition
Justification for selected award procedure:
The works, supplies or services can be provided only by a particular economic operator for the following reason: absence of competition for technical reasons
Explanation
AVC Wise is currently the only recognised provider of this service.
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
Yes
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2024/S 000-012121
Section V: Award of contract
Contract No: TD2117
Title: Shared Cost Additional Voluntary Contributions (Pension)
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
15/04/2024
V.2.2) Information about tenders
Number of tenders received: 1
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
AVC Wise
11406613
Essex
UK
NUTS: UK
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Initial estimated total value of the contract/lot:
Total value of the contract/lot:
: 149 040.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
Derby City Council
Derby
DE1 2FS
UK
VI.5) Date of dispatch of this notice
25/04/2024