National Framework Agreement for Salary Sacrifice (Car Leasing) Schemes (2018)

Tender description

Participating Organisations may utilise salary sacrifice schemes to help motivate and engage employees and demonstrate the value that the Participating Organisation places on them. The Framework Agreement will provide the means for public sector employers, described herein as “Participating Organisations” to offer lease car salary sacrifice schemes to their employees. The service offering should provide value for money and enable employees to choose cars from a range of manufacturers, across a range of car categories. Salary sacrifice schemes offered under the terms of the Framework Agreement will provide employees with the means to obtain the car
of their choice, to their desired specification (subject to any CO2 emissions limit set by individual Participating Organisations as described below), at a competitive price with affordable payments typically over a period of up to 36 months that are paid directly from their monthly salary. Salary sacrifice schemes offered under the terms of the Framework Agreement will offer a range of financial (where permitted) and non-financial benefits to employees accessing individual salary sacrifice schemes and to Participating Organisations offering individual salary sacrifice schemes to their employees. Salary sacrifice schemes offered under the terms of the Framework Agreement will be easy for employees to enter and for employers to administer with a high degree of self-service using a state of the art online portal developed specifically for salary sacrifice type services that is simple and intuitive to use for employees and for the Administration, Human Resources, Finance and any other authorised departmental users in Participating Organisations. The online portal should have Single Sign On (SSO) capability that is compatible with a range of employee benefit providers.