LGPS & Service Providers

The importance of the services sector has increased as more major corporations and public sector organisations outsource non-core services for greater efficiency and cost saving. Support services and facilities management providers are expanding their activities in response to growing demand and the need for quality service was increased by the Local Government Act 1999 which introduced a 'best value' test for such arrangements.

Zurich works with service providers and facilities management contractors to meet the requirements of employers, municipal and government bodies to secure the performance of  key or essential services by the provision of bonding arrangements underpinning contracts.   We also offer bonds that guarantee the work of private sector contractors joining the Local Government Pension Scheme as 'Transferee Admission Bodies' in accordance with Local Government Pension Scheme Regulations.

Zurich appreciates that these service and outsourcing contracts are individual arrangements, with detailed negotiations involved in each case. We work flexibly with everyone involved to devise a bonding structure that matches requirements.

We would be pleased to work with service providers and facilities management contractors to develop bonding arrangements and structures that meet their contractual commitments and the protection requirements of the employer.