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Fiduciary Management

General Medical Council (GMC)

This public procurement record has 1 release in its history.

Tender

11 May 2022 at 10:29

Tender Notice
Summary of the contracting process

The General Medical Council (GMC), located in Manchester, UK, is currently seeking tenders for a project titled "Fiduciary Management." This procurement falls within the banking and investment services industry and is at the active tender stage. The estimated value of the contract is £225,000, with a procurement method classified as an open procedure. Interested parties should note that the deadline for submissions is set for 15 June 2022, and the contract period is expected to last for approximately three years, subject to renewal for an additional year.

This tender presents significant opportunities for businesses specialising in investment and financial management services. Companies with experience in fiduciary management, including third-party evaluations and portfolio management, would be particularly well-suited to compete. Engaging in this tender can lead to considerable growth, as successful bidders will be entrusted with important responsibilities in overseeing investment strategies for a reputable regulatory body, the GMC.

How relevant is this notice?

Notice Information

Notice Title

Fiduciary Management

Notice Description

The Trustees have appointed a Fiduciary Manager. The trustees set the overall investment strategy (including the long term risk and return objectives) and then delegate investment decisions and day-to-day running of the portfolio to their fiduciary manager. The FM arrangement has been in place since 2014. The FM monitor will be required to provide a third party evaluation of the Fiduciary Manager.

Lot Information

Lot 1

The Trustees have appointed a Fiduciary Manager. The trustees set the overall investment strategy (including the long term risk and return objectives) and then delegate investment decisions and day-to-day running of the portfolio to their fiduciary manager. The FM arrangement has been in place since 2014. The FM monitor will be required to provide a third party evaluation of the Fiduciary Manager.

Renewal: One year

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03365f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/012226-2022
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

66100000 - Banking and investment services

Notice Value(s)

Tender Value
£225,000 £100K-£500K
Lots Value
£225,000 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
11 May 20224 years ago
Submission Deadline
15 Jun 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

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
Postcode Area
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

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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