Tender

Provision of Pension Bond

HELENA PARTNERSHIPS LIMITED

This public procurement record has 1 release in its history.

Tender

21 Aug 2017 at 05:33

Tender Notice
Summary of the contracting process

The procurement process is initiated by Helena Partnerships Limited, which is seeking offers for the "Provision of Pension Bond" in the services category, specifically under corporate finance and venture capital services. Located in St Helen's, North West, this tender is currently in the Tender stage with an end date for submissions set for 4th September 2017. The contract period is anticipated to start on 22nd September 2017 and run through to 31st March 2020, targeting a pension bond provision of £20 million to address a deficit within the Merseyside Pension Fund.

This tender presents significant opportunities for businesses within the corporate finance and venture capital services sector, particularly those with the capability to provide large-scale financial instruments or guarantees. Companies that specialise in pension bonds, financial risk management, or related advisory services are especially well-suited to compete for this contract, given the specific requirements set forth by the buyer. Engaging in this tender could lead to fruitful business growth and establish valuable partnerships within the local government pension framework.

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Notice Information

Notice Title

Provision of Pension Bond

Notice 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 PS20m for a period up to 31 March 2020

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b33cf767-25b2-4eb9-949d-51bc38eff217
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c6575189-4227-433f-9637-8b0419f2e88b
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66122000 - Corporate finance and venture capital services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
21 Aug 20178 years ago
Submission Deadline
4 Sep 2017Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
21 Sep 2017 - 31 Mar 2020 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
HELENA PARTNERSHIPS LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
ST HELEN'S
Postcode
WA9 1LD
Post Town
Warrington
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD71 East Merseyside
Delivery Location
TLD North West (England)
Local Authority
St. Helens
Electoral Ward
Peasley Cross & Fingerpost
Westminster Constituency
St Helens South and Whiston

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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