---
title: "GMC2199 Actuarial and administration services, investment services and employee advice"
ocid: "ocds-h6vhtk-058b69"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-058b69"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-058b69.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-058b69.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "GENERAL MEDICAL COUNCIL (GMC)"
published: "2026-01-06"
---

# GMC2199 Actuarial and administration services, investment services and employee advice

Buyer: GENERAL MEDICAL COUNCIL (GMC)  
Current stage: Award  
OCID: ocds-h6vhtk-058b69

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-058b69)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-058b69.json)

## Summary

The General Medical Council (GMC) has recently completed the procurement process for the re-tendering of actuarial and administration services, as well as investment and employer advice services for its staff superannuation scheme. Based in Manchester, the GMC embarked on this open procurement procedure under the legal framework of UK legislation 2023/54, with the intent of ensuring high-quality service and value for money for its members. The procurement process involved multiple lots, and the award ceremony was finalised on 6th January 2026, after the contracts were successfully signed on 19th December 2025. Key contracts lasting until December 2030, with potential extensions, were awarded to suppliers like AON Solutions UK Limited and XPS Group PLC. The industry category is primarily focused on insurance and pension services, spanning across the United Kingdom.

This procurement presents significant opportunities for businesses within the insurance, pension, actuarial, and financial advisory sectors. The awarded contracts, which include options for renewal, signify substantial business potential and long-term collaboration with the GMC. Large-scale enterprises with solid experience in pension administration, insurance services, and investment strategies stand well-poised to leverage these opportunities. With a strong emphasis on quality and commercial viability, these tenders provide platforms for businesses seeking to expand or refine their service offerings in the public sector. The collaborative and comprehensive nature of the engagement with the GMC also allows for the possibility of future partnerships and enhancements in service capabilities.

## Notice

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 Scheme

to 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 Scheme

to 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.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/000688-2026 |
| 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 |
| All stages | Planning, Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 6 Jan 2026 |
| Submission deadline | 30 Sep 2025 |
| Future notice date | 29 Aug 2025 |
| Award date | 14 Nov 2025 |
| Contract period | 20 Dec 2025 - 4 Dec 2030 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £9,225,000 |
| Lots value | £9,225,000 |
| Awards value | £9,225,000 |
| Contracts value | £9,225,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| 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 | 2 |
| Supplier names | AON SOLUTIONS; XPS GROUP |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66100000 - Banking and investment services
- 66131100 - Pension investment services
- 66500000 - Insurance and pension services

## Release History

- 6 Jan 2026 at 13:58 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/000688-2026
- 14 Nov 2025 at 21:13 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/074195-2025
- 2 Sep 2025 at 15:09 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/053274-2025
- 20 Aug 2025 at 13:15 - Planning - UK2 - Preliminary Market Engagement Notice - https://www.find-tender.service.gov.uk/Notice/050212-2025

## 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

## Notice URLs

- http://www.gmc-uk.org
- https://www.legislation.gov.uk/ukpga/2023/54/contents

## 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-058b69. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-058b69.json.