Notice Information
Notice Title
Investment Adviser
Notice Description
The services sought under the contract are: Design of, and advice on, the suitability of investment strategies. Assistance with the selection of investment managers to implement the chosen investment strategy, including the co-ordination of the transition of assets. Reporting on the development of the investment strategy. Reporting on investment manager performance, any organisational developments, and their ongoing suitability. Reviews and drafting of (or input to) investment policy documents, including provision of updates on relevant developments (e.g. Charity Commission guidance, UK Stewardship Code, or evolving ESG frameworks) to ensure the investment policy statement remains compliant and fit for purpose. Advice on responsible or sustainable investment policies and their implementation. Support negotiating fees with investment managers and reviewing agreements from an investment point of view, including fee benchmarking of investment manager and custodian fees. Ability to deliver training sessions for Committee members, particularly around ESG developments, stewardship, and regulatory changes. Ability to scenario model and stress test the investment strategy under different market conditions. Ability to review strategic asset allocation and impact on risk and return.
Lot Information
Lot 1
Options: Services within scope of the specification but outside of the core services, paid on a time and materials basis
Renewal: option to extend for three periods of one year
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-0600f6
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/001055-2026
- Current Stage
- Tender
- All Stages
- Tender
Procurement Classification
- Notice Type
- UK4 - Tender 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
79 - Business services: law, marketing, consulting, recruitment, printing and security
-
- CPV Codes
79220000 - Fiscal services
79410000 - Business and management consultancy services
Notice Value(s)
- Tender Value
- £400,000 £100K-£500K
- Lots Value
- £400,000 £100K-£500K
- Awards Value
- Not specified
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 7 Jan 20261 weeks ago
- Submission Deadline
- 11 Feb 20264 weeks to go
- Future Notice Date
- Not specified
- Award Date
- Not specified
- Contract Period
- 30 Apr 2026 - 30 Apr 2031 Over 5 years
- 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
- Not specified
- Contact Email
- gmctenders@gmc-uk.org
- Contact Phone
- Not specified
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/001055-2026
7th January 2026 - Tender notice on Find a Tender -
https://www.mytenders.co.uk/Authority/NoticeBuilder/NoticeBuilder_FileDownload.aspx?id=627469
Guide to submitting a tender to GMC
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-0600f6-2026-01-07T12:56:15Z",
"date": "2026-01-07T12:56:15Z",
"ocid": "ocds-h6vhtk-0600f6",
"initiationType": "tender",
"parties": [
{
"id": "GB-PPON-PXLD-1125-PGBY",
"name": "General Medical Council (GMC)",
"identifier": {
"scheme": "GB-PPON",
"id": "PXLD-1125-PGBY"
},
"address": {
"streetAddress": "3 Hardman Street",
"locality": "Manchester",
"postalCode": "M3 3AW",
"country": "GB",
"countryName": "United Kingdom",
"region": "UKD33"
},
"contactPoint": {
"email": "gmctenders@gmc-uk.org"
},
"roles": [
"buyer"
],
"details": {
"url": "http://www.gmc-uk.org",
"classifications": [
{
"id": "publicAuthoritySubCentralGovernment",
"scheme": "UK_CA_TYPE",
"description": "Public authority - sub-central government"
}
]
}
}
],
"buyer": {
"id": "GB-PPON-PXLD-1125-PGBY",
"name": "General Medical Council (GMC)"
},
"tender": {
"id": "GMC2356",
"legalBasis": {
"id": "2023/54",
"scheme": "UKPGA",
"uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
},
"title": "Investment Adviser",
"description": "The services sought under the contract are: Design of, and advice on, the suitability of investment strategies. Assistance with the selection of investment managers to implement the chosen investment strategy, including the co-ordination of the transition of assets. Reporting on the development of the investment strategy. Reporting on investment manager performance, any organisational developments, and their ongoing suitability. Reviews and drafting of (or input to) investment policy documents, including provision of updates on relevant developments (e.g. Charity Commission guidance, UK Stewardship Code, or evolving ESG frameworks) to ensure the investment policy statement remains compliant and fit for purpose. Advice on responsible or sustainable investment policies and their implementation. Support negotiating fees with investment managers and reviewing agreements from an investment point of view, including fee benchmarking of investment manager and custodian fees. Ability to deliver training sessions for Committee members, particularly around ESG developments, stewardship, and regulatory changes. Ability to scenario model and stress test the investment strategy under different market conditions. Ability to review strategic asset allocation and impact on risk and return.",
"status": "active",
"items": [
{
"id": "1",
"additionalClassifications": [
{
"scheme": "CPV",
"id": "79220000",
"description": "Fiscal services"
},
{
"scheme": "CPV",
"id": "79410000",
"description": "Business and management consultancy services"
}
],
"deliveryAddresses": [
{
"region": "UK",
"country": "GB",
"countryName": "United Kingdom"
}
],
"relatedLot": "1"
}
],
"value": {
"amountGross": 480000,
"amount": 400000,
"currency": "GBP"
},
"procurementMethod": "open",
"procurementMethodDetails": "Open procedure",
"mainProcurementCategory": "services",
"aboveThreshold": true,
"submissionMethodDetails": "www.mytenders.co.uk",
"submissionTerms": {
"electronicSubmissionPolicy": "allowed",
"languages": [
"en"
]
},
"tenderPeriod": {
"endDate": "2026-02-11T12:00:00+00:00"
},
"enquiryPeriod": {
"endDate": "2026-01-30T23:59:00+00:00"
},
"awardPeriod": {
"endDate": "2026-04-16T23:59:59+01:00"
},
"lots": [
{
"id": "1",
"status": "active",
"value": {
"amountGross": 480000,
"amount": 400000,
"currency": "GBP"
},
"awardCriteria": {
"criteria": [
{
"type": "quality",
"name": "Capability",
"numbers": [
{
"number": 28,
"weight": "percentageExact"
}
]
},
{
"type": "quality",
"name": "Approach",
"numbers": [
{
"number": 17.5,
"weight": "percentageExact"
}
]
},
{
"type": "quality",
"name": "Knowledge and experience",
"numbers": [
{
"number": 17.5,
"weight": "percentageExact"
}
]
},
{
"type": "quality",
"name": "Account management",
"numbers": [
{
"number": 7,
"weight": "percentageExact"
}
]
},
{
"type": "price",
"name": "price",
"numbers": [
{
"number": 18,
"weight": "percentageExact"
}
]
},
{
"type": "quality",
"name": "Terms and conditions",
"numbers": [
{
"number": 2,
"weight": "percentageExact"
}
]
},
{
"type": "quality",
"name": "Social value",
"numbers": [
{
"number": 10,
"weight": "percentageExact"
}
]
}
]
},
"suitability": {
"sme": true
},
"contractPeriod": {
"startDate": "2026-05-01T00:00:00+01:00",
"endDate": "2031-04-30T23:59:59+01:00",
"maxExtentDate": "2034-04-30T23:59:59+01:00"
},
"hasRenewal": true,
"renewal": {
"description": "option to extend for three periods of one year"
},
"hasOptions": true,
"options": {
"description": "Services within scope of the specification but outside of the core services, paid on a time and materials basis"
}
}
],
"documents": [
{
"id": "L-1",
"documentType": "biddingDocuments",
"description": "Invitation to tender",
"url": "https://www.mytenders.co.uk/Authority/NoticeBuilder/NoticeBuilder_FileDownload.aspx?id=627465"
},
{
"id": "L-2",
"documentType": "biddingDocuments",
"description": "Terms and conditions",
"url": "https://www.mytenders.co.uk/Authority/NoticeBuilder/NoticeBuilder_FileDownload.aspx?id=627466"
},
{
"id": "L-3",
"documentType": "biddingDocuments",
"description": "Raising concerns policy",
"url": "https://www.mytenders.co.uk/Authority/NoticeBuilder/NoticeBuilder_FileDownload.aspx?id=627467"
},
{
"id": "L-4",
"documentType": "biddingDocuments",
"description": "Guide to submitting a tender to GMC",
"url": "https://www.mytenders.co.uk/Authority/NoticeBuilder/NoticeBuilder_FileDownload.aspx?id=627469"
},
{
"id": "conflictOfInterest",
"documentType": "conflictOfInterest",
"description": "Not published"
},
{
"id": "001055-2026",
"documentType": "tenderNotice",
"noticeType": "UK4",
"description": "Tender notice on Find a Tender",
"url": "https://www.find-tender.service.gov.uk/Notice/001055-2026",
"datePublished": "2026-01-07T12:56:15Z",
"format": "text/html"
}
]
},
"language": "en"
}