Scope
Reference
GMC2199
Description
Actuarial and administration services for the GMC staff superannuation scheme. Investment advice services for the GMC staff superannuation scheme. Employer advice provision for the GMC.
Total value (estimated)
- £7,083,333 excluding VAT
- £8,500,000 including VAT
Above the relevant threshold
Contract dates (estimated)
- 1 January 2026 to 31 December 2032
- Possible extension to 31 December 2033
- 8 years
Main procurement category
Services
CPV classifications
- 66131100 - Pension investment services
Contract locations
- UK - United Kingdom
Engagement
Engagement deadline
1 August 2025
The engagement was carried out before this notice was published.
Engagement process description
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.
Submission
Publication date of tender notice (estimated)
29 August 2025
Contracting authority
General Medical Council (GMC)
- Charity Commission (England and Wales): 1089278
3 Hardman Street
Manchester
M3 3AW
United Kingdom
Contact name: Angela Barnes
Telephone: +441619236340
Email: angela.barnes@gmc-uk.org
Website: http://www.gmc-uk.org
Region: UKD33 - Manchester
Organisation type: Public authority - sub-central government