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.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-037d21
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/030480-2022
- 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
- Not specified
- Awardee Scale
- Large
Common Procurement Vocabulary (CPV)
- CPV Divisions
66 - Financial and insurance services
-
- CPV Codes
66100000 - Banking and investment services
Notice Value(s)
- Tender Value
- Not specified
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- £283,000 £100K-£500K
Notice Dates
- Publication Date
- 28 Oct 20223 years ago
- Submission Deadline
- Not specified
- Future Notice Date
- Not specified
- Award Date
- 27 Jul 20223 years ago
- Contract Period
- Not specified - Not specified
- Recurrence
- Not specified
Notice Status
- Tender Status
- Complete
- Lots Status
- Cancelled
- Awards Status
- Active
- Contracts Status
- Active
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- GENERAL MEDICAL COUNCIL (GMC)
- Contact Name
- Not specified
- Contact Email
- gmctenders@gmc-uk.org
- Contact Phone
- +44 1619236340
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
Further Information
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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.
{
"tag": [
"compiled"
],
"id": "ocds-h6vhtk-037d21-2022-10-28T11:11:26+01:00",
"date": "2022-10-28T11:11:26+01:00",
"ocid": "ocds-h6vhtk-037d21",
"description": "(MT Ref:227789)",
"initiationType": "tender",
"tender": {
"id": "GMC1611",
"legalBasis": {
"id": "32014L0024",
"scheme": "CELEX"
},
"title": "Fiduciary Management",
"status": "complete",
"classification": {
"scheme": "CPV",
"id": "66100000",
"description": "Banking and investment services"
},
"mainProcurementCategory": "services",
"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.",
"lots": [
{
"id": "1",
"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.",
"awardCriteria": {
"criteria": [
{
"name": "Annual Reporting",
"type": "quality",
"description": "24.5"
},
{
"name": "Mid Year Reporting",
"type": "quality",
"description": "17.5"
},
{
"name": "Ethical, Social & Governance Reporting",
"type": "quality",
"description": "7"
},
{
"name": "Meeting Support & Training",
"type": "quality",
"description": "14"
},
{
"name": "Triennial Review/Internal Control Framework",
"type": "quality",
"description": "7"
},
{
"name": "Price",
"type": "cost",
"description": "25.5"
},
{
"name": "T&Cs",
"type": "cost",
"description": "3"
},
{
"name": "EDI",
"type": "cost",
"description": "1.5"
}
]
},
"hasOptions": false,
"status": "cancelled"
}
],
"items": [
{
"id": "1",
"additionalClassifications": [
{
"scheme": "CPV",
"id": "66100000",
"description": "Banking and investment services"
}
],
"deliveryAddresses": [
{
"region": "UK"
}
],
"relatedLot": "1"
}
],
"procurementMethod": "open",
"procurementMethodDetails": "Open procedure",
"coveredBy": [
"GPA"
]
},
"awards": [
{
"id": "030480-2022-GMC1611-1",
"relatedLots": [
"1"
],
"status": "active",
"suppliers": [
{
"id": "GB-FTS-67004",
"name": "XPS Pensions Group"
}
]
}
],
"parties": [
{
"id": "GB-FTS-1070",
"name": "General Medical Council (GMC)",
"identifier": {
"legalName": "General Medical Council (GMC)"
},
"address": {
"streetAddress": "3 Hardman Street",
"locality": "Manchester",
"region": "UK",
"postalCode": "M3 3AW",
"countryName": "United Kingdom"
},
"contactPoint": {
"telephone": "+44 1619236340",
"email": "gmctenders@gmc-uk.org"
},
"roles": [
"buyer",
"centralPurchasingBody"
],
"details": {
"url": "http://www.gmc-uk.org",
"buyerProfile": "https://www.mytenders.co.uk/search/Search_AuthProfile.aspx?ID=AA19541",
"classifications": [
{
"scheme": "TED_CA_TYPE",
"description": "Regulator"
},
{
"scheme": "COFOG",
"id": "07",
"description": "Health"
}
]
}
},
{
"id": "GB-FTS-67004",
"name": "XPS Pensions Group",
"identifier": {
"legalName": "XPS Pensions Group"
},
"address": {
"streetAddress": "11 Strand",
"locality": "LONDON",
"region": "UKI3",
"postalCode": "WC2N 5HR",
"countryName": "United Kingdom"
},
"contactPoint": {
"telephone": "+44 2080597632"
},
"roles": [
"supplier"
],
"details": {
"scale": "large"
}
},
{
"id": "GB-FTS-103",
"name": "Public Procurement Review Service",
"identifier": {
"legalName": "Public Procurement Review Service"
},
"address": {
"streetAddress": "Cabinet Office",
"locality": "London",
"countryName": "United Kingdom"
},
"contactPoint": {
"telephone": "+44 3450103503",
"email": "publicprocurementreview@cabinetoffice.gov.uk"
},
"roles": [
"reviewBody"
],
"details": {
"url": "https://www.gov.uk/government/publications/public-procurement-review-service-scope-and-remit"
}
}
],
"buyer": {
"id": "GB-FTS-1070",
"name": "General Medical Council (GMC)"
},
"contracts": [
{
"id": "030480-2022-GMC1611-1",
"awardID": "030480-2022-GMC1611-1",
"status": "active",
"value": {
"amount": 283000,
"currency": "GBP"
},
"dateSigned": "2022-07-28T00:00:00+01:00"
}
],
"bids": {
"statistics": [
{
"id": "1",
"measure": "bids",
"relatedLot": "1",
"value": 4
},
{
"id": "2",
"measure": "smeBids",
"relatedLot": "1",
"value": 1
},
{
"id": "3",
"measure": "foreignBidsFromEU",
"relatedLot": "1",
"value": 4
},
{
"id": "4",
"measure": "foreignBidsFromNonEU",
"relatedLot": "1",
"value": 0
},
{
"id": "5",
"measure": "electronicBids",
"relatedLot": "1",
"value": 4
}
]
},
"links": [
{
"rel": "prev",
"href": "https://ted.europa.eu/udl?uri=TED:NOTICE:226254-2022:TEXT:EN:HTML"
}
],
"language": "en"
}