# Shared Cost AVCs

> A sourced UK public sector contract award published by Southend-on-sea Borough Council.

## Key facts

- Buyer: [Southend-on-sea Borough Council](/buyers/southend-on-sea-borough-council/contract-awards)
- Supplier: AVC Wise Limited \(T/a My Money Matters\)
- Award value: £43,593
- Tender value: £43,593
- Award date: 1 April 2026
- Published: 1 April 2026
- Contract start: 1 May 2026
- Contract end: 30 May 2029
- Stage: awarded
- Procurement category: services
- Notice ID: 9fada9dc-e02e-4ea7-9270-047586156521-891254
- OCID: ocds-b5fd17-31d536e7-6eeb-4468-bf33-dacdea4d0f29

## 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\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/9fada9dc-e02e-4ea7-9270-047586156521-891254)