---
title: "Fiduciary Management Monitoring"
ocid: "ocds-b5fd17-bfd33716-4239-4c96-8a85-5345cadef0c9"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-bfd33716-4239-4c96-8a85-5345cadef0c9"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-bfd33716-4239-4c96-8a85-5345cadef0c9.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-bfd33716-4239-4c96-8a85-5345cadef0c9.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "GENERAL MEDICAL COUNCIL (GMC)"
published: "2018-11-02"
---

# Fiduciary Management Monitoring

Buyer: GENERAL MEDICAL COUNCIL (GMC)  
Current stage: Award  
OCID: ocds-b5fd17-bfd33716-4239-4c96-8a85-5345cadef0c9

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-bfd33716-4239-4c96-8a85-5345cadef0c9.json)

## Summary

The procurement process titled "Fiduciary Management Monitoring" was conducted by the General Medical Council (GMC), based in Manchester, England. This initiative falls within the financial and insurance services industry category and had a total contract value of £200,000. The tender was awarded on 16th August 2018, with the contract period running from 1st August 2018 to 31st July 2021. The procurement method was an open procedure, allowing for broad participation, although the tender process is now complete.

This contract presents significant opportunities for businesses specialising in fiduciary management and financial services. Companies that excel in providing independent evaluations and monitoring of investment strategies would be particularly well-suited to compete for similar future tenders. As the GMC has engaged a fiduciary manager since 2013, it indicates sustained demand for monitoring services, creating a favourable environment for growth in this sector.

## 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 2013. 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/2b6c9cf7-020f-4c14-b2a5-a244444414e8 |
| 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 |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 2 Nov 2018 |
| Submission deadline | 1 Jan 2018 |
| Future notice date | Not specified |
| Award date | 15 Aug 2018 |
| Contract period | 31 Jul 2018 - 31 Jul 2021 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £200,000 |
| Lots value | Not specified |
| Awards value | £200,000 |
| 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 | ERNST & YOUNG |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 2 Nov 2018 at 17:45 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/2b6c9cf7-020f-4c14-b2a5-a244444414e8

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/2b6c9cf7-020f-4c14-b2a5-a244444414e8
  2nd November 2018 - Awarded contract notice on Contracts Finder
- https://www.mytenders.co.uk/search/show/search_view.aspx?ID=NOV155805
  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-bfd33716-4239-4c96-8a85-5345cadef0c9. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-bfd33716-4239-4c96-8a85-5345cadef0c9.json.