Award

Professional Trustee to Chair the Board of the GMC Staff Superannuation Scheme

GENERAL MEDICAL COUNCIL (GMC)

This public procurement record has 1 release in its history.

Award

21 Feb 2025 at 17:45

Summary of the contracting process

The General Medical Council (GMC) has concluded a procurement process to appoint a Professional Trustee to Chair the Board of the GMC Staff Superannuation Scheme, with the services to commence in January 2025. This tender, classified under the industry category of Pension Fund Management Services (CPV: 66141000), covers various delivery regions including the British Overseas Territories, Channel Islands, Europe, Isle of Man, the United Kingdom, and Rest of the World. The open procurement process began with a tendering phase that ended on 7th October 2024 and culminated in an award dated 29th November 2024. With a contract value of £190,000, the professional trustee services will be provided by Capital Cranfield Pension Trustees Ltd until the end of December 2028.

This tender presents significant opportunities for businesses specialising in pension fund management, especially those capable of handling high-responsibility trustee roles. Small and medium enterprises (SMEs) were particularly recognised as suitable contenders for this tender, making it a notable opportunity for smaller firms to expand their portfolio and gain prominence by securing a major public sector contract. Organisations with experience in chairing pension scheme boards and managing extensive superannuation portfolios would find this tender alignment with their expertise and business growth ambitions.

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Notice Title

Professional Trustee to Chair the Board of the GMC Staff Superannuation Scheme

Notice Description

The GMC and the Board of Trustees is seeking to appoint a Professional Trustee to Chair the Board from January 2025

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2fb5b43d-758d-4593-abf9-1cb60bbe4493
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0d6bdadf-9456-4abc-9cab-d69f4f964067
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66141000 - Pension fund management services

Notice Value(s)

Tender Value
£190,000 £100K-£500K
Lots Value
Not specified
Awards Value
£190,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
21 Feb 20251 years ago
Submission Deadline
7 Oct 2024Expired
Future Notice Date
Not specified
Award Date
29 Nov 20241 years ago
Contract Period
1 Jan 2025 - 31 Dec 2028 4-5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
GENERAL MEDICAL COUNCIL (GMC)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MANCHESTER
Postcode
M3 3AW
Post Town
Manchester
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD33 Manchester
Delivery Location
Not specified

Local Authority
Manchester
Electoral Ward
Deansgate
Westminster Constituency
Manchester Central

Supplier Information

Number of Suppliers
1
Supplier Name

CAPITAL CRANFIELD PENSION TRUSTEES

Further Information

Notice Documents

Notice URLs

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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