Fiduciary Management
Estimated value
—
Awarded value
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Suppliers
1
Lots
1
Published
28 Oct 2022
Description
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.
Scope
- Reference
- GMC1611
- Commercial tool
- Standalone contract
- Main category
- services
- CPV classifications
- 66100000
- Contract locations
- UK
Award criteria
Criteria the buyer will use to evaluate bids.
| Name | Description | Type | Weighting |
|---|---|---|---|
| Annual Reporting | 24.5 | quality | — |
| Mid Year Reporting | 17.5 | quality | — |
| Ethical, Social & Governance Reporting | 7 | quality | — |
| Meeting Support & Training | 14 | quality | — |
| Triennial Review/Internal Control Framework | 7 | quality | — |
| Price | 25.5 | cost | — |
| T&Cs | 3 | cost | — |
| EDI | 1.5 | cost | — |
Submission & procedure
- Procedure
- Open procedure
Award details
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
—
Award date
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Contract start
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Contract end
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Awarded suppliers· 1 supplier
Awarded —
Other contracts from General Medical Council (GMC)
Full notice and award history for this contracting authority is on the buyer profile.
Other contracts awarded to XPS Pensions Group· 6
Cross-buyer view of this supplier's public-sector wins.
| Title | Type | Value | Published |
|---|---|---|---|
| GB-London: 859417083 Pension Advisory Services | contract | £150k | 19 Aug 2024 |
| Actuarial Advisory Services | contract | £394k | 09 Apr 2024 |
| Actuaries and Associated Services | contract | £938k | 10 May 2023 |
| Fiduciary Management | contract | £283k | 28 Oct 2022 |
| Provision of a Pensions Administration and Pensioner Payroll Service | contract | — | 11 Mar 2021 |
| Pension Services - Scheme Actuary and Actuarial Consultant, Investment Consultant and Administrator and Secretary to The Trustees - AWARD | contract | £207k | 05 May 2020 |