Provision of Staff Benefits Framework by ESPO and YPO

About

ESPO awarded a contract to BHSF Employee Benefits Limited, Blackhawk Network EMEA Limited, Cycle Solutions (Cycle to Work) Limited, Edenred (UK Group) Limited, Fideliti Ltd, Halfords Limited, iCOM Works Limited, and Knowles Associates Tot for the establishment of a framework agreement for the provision of staff benefits.

The framework covers a range of benefits across eight lots: Lot 1 - Managed Service, Lot 2 - Cycle to Work, Lot 3 - Financial Wellbeing Support, Lot 4 - Technology Products, Lot 5 - Leisure and Retail Discount, Lot 6 - Car Leasing, Lot 7 - Childcare Vouchers Salary Sacrifice, and Lot 8 - Reward and Recognition.

The framework agreement has the option to extend for up to a further 24 months, and the total estimated value is AUD 200,000,000, including the option period.

ESPO will monitor the suppliers' financial standing against their initial financial positioning on the commencement date of the framework.

Management information for the framework will be collected on a quarterly basis by the Contract Support Officer, who will also maintain checks to ensure that any relevant insurances continue to be held.

Social Value will be assessed and monitored by the framework manager, and suppliers will be expected to demonstrate social value initiatives throughout the lifetime of the framework.