RFP QuestBeta
Awarded · ResultStage · award

General Medical Council (GMC)

Fiduciary Management

Financial ServicesCPV 66100000
Value£283,000
Awarded
Published28 Oct 2022
RegionNationwide

£283,000 — awarded.

Outcome — awarded
XPS Pensions Group

This is a contract result notice, not an open opportunity. Details from the official award data.

Who to contact
gmctenders@gmc-uk.org
+44 1619236340

The procurement contact named on the official notice.

Contract value in context
£283ktotal contract value
median £150k
this tender£0£4.7m

This sits in the upper-middle of the Financial & Insurance Services band — a substantial contract for the sector. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

The brief

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.

Requirements

What the notice asks for

01

The FM monitor will be required

The FM monitor will be required to provide a third party evaluation of the Fiduciary Manager.

Sentences from the notice that state an obligation, surfaced automatically and shown in the order they appear. Not an exhaustive list — always confirm against the tender documents.

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Source & provenance
OCID
ocds-h6vhtk-037d21
Stage
award · Awarded
Source
Find a Tender
Buyer ref
030480-2022
View the original notice on Find a Tender

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

Market context

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