Published date: 28 March 2019

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 12 April 2019

Contract summary

Industry

  • Pension services - 66520000

Location of contract

East of England

Value of contract

£0

Procurement reference

BIP385798016

Published date

28 March 2019

Closing date

12 April 2019

Contract start date

1 January 2020

Contract end date

31 December 2020

Contract type

Service contract

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

Essex County Council (ECC) is exploring the option of offering a Shared Cost Additional Voluntary Contributions (AVC) benefit scheme to employees. In order to implement this, ECC is looking for a fully managed solution (including a compliant system) to facilitate the administration of this scheme.
The online system will be expected to manage the employee application process, provide an employee account overview of ongoing contributions, minimise administration for the Authority and increase employee engagement.

ECC would expect the Provider of the solution to maintain appropriate links with all stakeholders, such as Prudential and Standard Life, ensuring compliance with legislation and all parties' procedures.

By offering this benefit, the Authority aims to maximise National Insurance savings for both employee and employer through a salary sacrifice arrangement.

More information

Links

About the buyer

Address

County hall, Market Road
Chelmsford
CM11QH
UK

Email

Janet.Tindall@essex.gov.uk