Expired contract

Provision of Pension Bond

Details

Value
GBP 375,000
Duration
3 years
Topic
Corporate finance and venture capital services
Published
28 September 2017

Tender description

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

Timeline

  1. Completed: Award date18 September 2017
  2. Completed: Award published28 September 2017
    Current notice
  3. Completed: Contract expiry date31 March 2020

About the buyer

Helena Partnerships Limited is a public sector buyer in United Kingdom publishing tenders and awards on Stotles. Explore their procurement activity and find more opportunities like this one.

Relevant CPV codes

  • 66122000 · Corporate finance and venture capital services

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