---
title: "Fiduciary Management"
ocid: "ocds-h6vhtk-037d21"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-037d21"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-037d21.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-037d21.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "GENERAL MEDICAL COUNCIL (GMC)"
published: "2022-10-28"
---

# Fiduciary Management

Buyer: GENERAL MEDICAL COUNCIL (GMC)  
Current stage: Award  
OCID: ocds-h6vhtk-037d21

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-037d21)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-037d21.json)

## Summary

The General Medical Council (GMC) has awarded a contract for Fiduciary Management services to XPS Pensions Group. The procurement process, conducted through an open procedure, involved evaluating various criteria such as Annual Reporting, Price, and Ethical, Social & Governance Reporting. The contract, worth £283,000 GBP, was signed on 28th July 2022. The GMC, based in Manchester, United Kingdom, carried out this procurement in the services category, specifically in the banking and investment services industry.

This tender for Fiduciary Management services presents growth opportunities for businesses with expertise in investment management, financial consulting, or fiduciary services. Companies specialising in providing comprehensive reporting services, investment strategy evaluation, and ethical investment advisory are well-suited to compete in this tender. As the GMC delegates investment decisions to the fiduciary manager, businesses with a strong track record in managing investment portfolios and risk assessment could find this opportunity particularly relevant to their growth strategies.

## 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.

### 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.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/030480-2022 |
| 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 | 28 Oct 2022 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 27 Jul 2022 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

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

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## 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 | Not specified |

## 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 10:11 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/030480-2022

## Notice URLs

- http://www.gmc-uk.org
- https://ted.europa.eu/udl?uri=TED:NOTICE:226254-2022:TEXT:EN:HTML
- https://www.gov.uk/government/publications/public-procurement-review-service-scope-and-remit
- https://www.mytenders.co.uk/search/Search_AuthProfile.aspx?ID=AA19541

## 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-h6vhtk-037d21. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-037d21.json.