Environment Agency goes out to tender for third-party admin provider

The government body said it wanted an administrator to provide fully integrated, innovative, and cost-effective outsourced pension fund administration services for its schemes – which have a total of 12,000 active, 10,000 deferred and 22,000 pensioner members.

It said the services required include responding to pension fund membership enquiries, maintenance of all pension funds membership records; providing fund membership communications; developing and maintaining its pension fund website; provision of LGPS; along with wider pensions technical advice and consultancy services.

It said the provider would also be required to collect fund contributions; provide management and financial services; provide secretariat services for client meetings and pension committee trustee meetings; and deliver other fund administration services.

The contract will come into force on October 1 2009 following a six-month handover period – and will be for a five-year term.

The deadline for tenders is July 14.