# Shared Cost Additional Voluntary Contributions

> A sourced UK public-sector contract award published by Isle of Wight Council.

## Key facts

- Public buyer: [Isle of Wight Council](/buyers/isle-of-wight-council/contract-awards)
- Contract winner: [AVC Wise Ltd](/contract-winners/avc-wise/public-sector-contract-awards)
- Award value: £37,500
- Tender value: £37,500
- Award date: 4 November 2022
- Published: 3 January 2023
- Contract start: 1 January 2023
- Contract end: 31 December 2027
- Stage: awarded
- Procurement category: services
- Notice ID: 7c8968d6-1ed5-44e1-ba7a-6888fcd380b8-602391
- OCID: ocds-b5fd17-7c248d98-42f0-40a3-aabe-64d1c5096b9b

## Description

This is a salary sacrifice scheme that saves NI and Apprenticeship levy for the Employer and NI and Tax for the Employee\. The initial term is from 01/01/2023 to 21/12/2025 with the option to extend for a further 2 years until 31/12/2027\. Additional information: The estimated value given depends on scheme take up and is estimated for the whole contract duration including any possible extension period\.

## Related contract awards

- [The Provision of Fuel Cards](/contracts/ocds-b5fd17-da8fb6ac-9147-4a15-92c8-d663ac644b11): Isle of Wight Council
- [Lot 1 - Apprenticeship Training - Occupational Therapist Level 6](/contracts/ocds-b5fd17-c1eb9ff0-e857-48da-b135-d8d8884ceced): Isle of Wight Council
- [Lot 1 - Apprenticeship Training - Social Worker Integrated Degree Level 6](/contracts/ocds-b5fd17-514d3d65-1c45-494c-8223-0805d9bdc71b): Isle of Wight Council
- [Shared AVC Salary Sacrifice Scheme for Employee Pensions](/contracts/ocds-b5fd17-241dc5fa-5cdf-49f6-9702-c23ed60c94ef): Bristol City Council
- [Salary Sacrifice Services](/contracts/ocds-b5fd17-6fbdcb75-12c4-4e54-b83c-56039f654d29): Bournemouth Christchurch and Poole Council
- [Salary Sacrifice Scheme - Additional Voluntary Contributions](/contracts/ocds-b5fd17-d1576512-cb72-4146-b7f5-26b0ed89ff7b): London Borough of Enfield

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/7c8968d6-1ed5-44e1-ba7a-6888fcd380b8-602391)