# CPU 8044 Shared Cost Additional Voluntary Contributions \(SCAVC\) Scheme

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [NOTTINGHAM CITY COUNCIL](/buyers/nottingham-city-council/contract-awards)
- Contract winner: MyMoneyMatters
- Award value: £63,000
- Tender value: £63,000
- Award date: 17 December 2025
- Published: 6 January 2026
- Contract start: 5 January 2026
- Contract end: 4 January 2029
- Stage: awarded
- Procurement category: services
- Notice ID: 97f26ce2-2bd6-4992-b398-7cc72672d6a4-878082
- OCID: ocds-b5fd17-d14ff209-d6b5-4c1e-b3ed-23804493a541

## Description

LGPS members are currently permitted to contribute to a standard AVC scheme and receive Income Tax relief on their contributions\. AVCs are a long-term pension savings plan that runs alongside the main LGPS scheme and allows members to build up a 100% tax free capital sum\. On retirement, they can access the benefits through a range of options including the ability to receive the lump sum in most cases\.

## Related contract awards

- [CPU 8307 - Server Hardware, Networking Modules and IBM/Brocade FC Port Licences](/contracts/ocds-b5fd17-c66f7596-a125-4fb4-815d-dae621cfdf52): NOTTINGHAM CITY COUNCIL
- [Purchase of 3 x 12T Road Sweepers](/contracts/ocds-b5fd17-0d15235d-f2f6-42f1-b588-8b28504e280e): NOTTINGHAM CITY COUNCIL
- [CPU 8474 Development of Nottingham Vision Delivery Plan](/contracts/ocds-b5fd17-3594c706-f2c7-4c76-ab0f-2234f493e7a4): NOTTINGHAM CITY COUNCIL

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/97f26ce2-2bd6-4992-b398-7cc72672d6a4-878082)