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Provision of Pension Bond

Helena Partnerships Limited Published 28 Sept 2017 Contracts Finder

key details

Value£375,000
Statuscomplete
Category (CPV) 66122000
RegionNorth West
Deadline18 Sept 2017
Contract start1 Oct 2017
Contract end31 Mar 2020
Procedureopen
SME suitableNo
OCIDocds-b5fd17-254ab3a5-5ebb-48cb-89b8-b553030e430d

Award

SupplierValueDateStatus
Abbey National Treasury Services plc C/O Santander UK PLC £375,000 17 Sept 2017 active

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

documents

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notice history

2 notices published against this procurement.

PublishedTypeRegimeNotice
21 Aug 2017 Tender (tender) · c6575189-4227-433f-9637-8b0419f2e88b-166862
28 Sept 2017 Award (award) · 37622a9c-8473-4aea-b9e4-520bec2063b6-172953

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source

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