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Provision of Pension Bond

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What the buyer wrote

Helena Partnerships ("Helena") is an Admitted Body in the Merseyside Pension Fund ("MPF"). This is a Local Government Pension Scheme(LGPS) and Helena became an Admitted Body on transfer of the housing stock from St Helens Council in July 2002. MPF provides Defined Benefit pensions for its members. The LGPS has been closed to new entrants by Helena. There is currently a deficit in the scheme and the pension administrator is requiring Helena to provide a pension bond of £20m for a period up to 31 March 2020

Details

What the buyer calls it
Provision of Pension Bond
How they are buying
Advertised, open to anyoneAny supplier could bid without being invited first.
Type
services
Work starts
21 Sep 2017
Work ends
31 Mar 2020

Who the buyer named

Kate Keeley & Alastair Barton was the named contact on this notice.

e-procurement@helenapartnerships.co.uk