Notice Information
Notice Title
GMC2199 Actuarial and administration services, investment services and employee advice
Notice Description
The Trustees of the GMC Staff Superannuation Scheme are undertaking a re-tendering exercise of its services to ensure that it continues to receive a high-quality service and value for money on behalf of the Employer and Scheme membership. Accordingly, the Trustees are re-tendering services for the provision of: * Actuarial services * Administrative service * Investment advice service * Employer advice service (the GMC/Employer is tendering for these services, not the Pension Trustees
Lot Information
Lot 1 - Actuarial services for the GMC Staff Superannuation Scheme
to provide Actuarial services for the GMC Staff Superannuation Scheme
Renewal: option to extend by two periods of twenty-four (24) months
Lot 2 - Administration services for the GMC Staff Superannuation Schemeto provide Administration services for the GMC Staff Superannuation Scheme
Renewal: option to extend by two periods of twenty-four (24) months
Lot 3 - Investment advice services for the GMC Staff Superannuation Schemeto provide Investment advice services for the GMC Staff Superannuation Scheme
Renewal: option to extend by two periods of twenty-four (24) months
Lot 4 - Employer advice provision for the GMC (contract with Employer not the Trustees)to provide Employer advice provision for the GMC (contract with Employer not the Trustees)
Renewal: option to extend by two periods of twenty-four (24) months
Planning Information
Had conversations with two suppliers to discuss areas related to pension fund performance under the fiduciary management model and ongoing investment strategy. This was to assist with the funding position of the Scheme, investment performance and future options for inclusion in Trustees investment strategy and alternative investment approaches. we also had conversations with two suppliers to discuss the on-going requirements regarding the actuarial and administration provision for the Scheme.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-058b69
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/000688-2026
- Current Stage
- Award
- All Stages
- Planning, Tender, Award
Procurement Classification
- Notice Type
- UK7 - Contract Details Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Open
- Procurement Method Details
- Open procedure
- Tender Suitability
- SME
- Awardee Scale
- Large
Common Procurement Vocabulary (CPV)
- CPV Divisions
66 - Financial and insurance services
-
- CPV Codes
66100000 - Banking and investment services
66131100 - Pension investment services
66500000 - Insurance and pension services
Notice Value(s)
- Tender Value
- £9,225,000 £1M-£10M
- Lots Value
- £9,225,000 £1M-£10M
- Awards Value
- £9,225,000 £1M-£10M
- Contracts Value
- £9,225,000 £1M-£10M
Notice Dates
- Publication Date
- 6 Jan 20261 months ago
- Submission Deadline
- 30 Sep 2025Expired
- Future Notice Date
- 29 Aug 2025Expired
- Award Date
- 14 Nov 20253 months ago
- Contract Period
- 20 Dec 2025 - 4 Dec 2030 4-5 years
- Recurrence
- Not specified
Notice Status
- Tender Status
- Complete
- Lots Status
- Complete
- Awards Status
- Active
- Contracts Status
- Active
Buyer & Supplier
Contracting Authority (Buyer)
- Main Buyer
- GENERAL MEDICAL COUNCIL (GMC)
- Contact Name
- Angela Barnes
- Contact Email
- angela.barnes@gmc-uk.org
- Contact Phone
- +441619236340
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
Notice Documents
-
https://www.find-tender.service.gov.uk/Notice/000688-2026
6th January 2026 - Contract details notice on Find a Tender -
https://www.find-tender.service.gov.uk/Notice/074195-2025
14th November 2025 - Contract award notice on Find a Tender -
https://www.find-tender.service.gov.uk/Notice/053274-2025
2nd September 2025 - Tender notice on Find a Tender -
https://www.find-tender.service.gov.uk/Notice/050212-2025
20th August 2025 - Preliminary market engagement notice on Find a Tender
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.
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