---
title: "Fiduciary Management"
ocid: "ocds-b5fd17-b07a7f6e-11f0-4b4a-8d95-75bcdebb0a74"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-b07a7f6e-11f0-4b4a-8d95-75bcdebb0a74"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-b07a7f6e-11f0-4b4a-8d95-75bcdebb0a74.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-b07a7f6e-11f0-4b4a-8d95-75bcdebb0a74.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "GENERAL MEDICAL COUNCIL (GMC)"
published: "2022-10-28"
---

# Fiduciary Management

Buyer: GENERAL MEDICAL COUNCIL (GMC)  
Current stage: Award  
OCID: ocds-b5fd17-b07a7f6e-11f0-4b4a-8d95-75bcdebb0a74

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-b07a7f6e-11f0-4b4a-8d95-75bcdebb0a74)  
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## Summary

The General Medical Council (GMC) has awarded a contract for Fiduciary Management services through an open procedure. The contract, valued at £283,000 GBP, covers various regions in the United Kingdom. The procurement stage is complete, with the contract period running from August 1st, 2022 to July 31st, 2025.

This tender presents an opportunity for businesses in the banking and investment services industry to provide third-party evaluation services for the Fiduciary Manager appointed by GMC. Small and medium enterprises (SMEs) in particular could benefit from competing for this contract, given its open procurement method and the suitability for SMEs indicated in the tender details.

## Notice

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.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/388ff113-c61c-4f2b-b20e-3aefbcd03214 |
| 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 |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 28 Oct 2022 |
| Submission deadline | 15 Jun 2022 |
| Future notice date | Not specified |
| Award date | 27 Jul 2022 |
| Contract period | 31 Jul 2022 - 31 Jul 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £283,000 |
| Lots value | Not specified |
| Awards value | £283,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | GENERAL MEDICAL COUNCIL (GMC) |
| Locality | MANCHESTER |
| Post town | Manchester |
| Postcode | M3 3AW |
| Country | England |
| ITL 1 | TLD North West (England) |
| ITL 2 | TLD3 Greater Manchester |
| ITL 3 | TLD33 Manchester |
| Local authority | Manchester |
| Electoral ward | Deansgate |
| Westminster constituency | Manchester Central |
| Delivery location | TLD North West (England), TLI London, TLL Wales, TLM Scotland, TLN Northern Ireland |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | XPS PENSIONS GROUP |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66100000 - Banking and investment services

## Release History

- 28 Oct 2022 at 16:45 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/388ff113-c61c-4f2b-b20e-3aefbcd03214

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/388ff113-c61c-4f2b-b20e-3aefbcd03214
  28th October 2022 - Awarded contract notice on Contracts Finder
- https://www.mytenders.co.uk/search/show/search_view.aspx?ID=OCT165389
  NOTE: To register your interest in this notice and obtain any additional information please visit the myTenders Web Site at the link provided.

## Notice URLs

- http://www.gmc-uk.org

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-b07a7f6e-11f0-4b4a-8d95-75bcdebb0a74. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-b07a7f6e-11f0-4b4a-8d95-75bcdebb0a74.json.