Tender

GMC2199 GMC Staff Superannuation scheme

  • General Medical Council (GMC)

UK4: Tender notice - Procurement Act 2023 - view information about notice types

Notice identifier: 2025/S 000-053274

Procurement identifier (OCID): ocds-h6vhtk-058b69 (view related notices)

Published 2 September 2025, 4:09pm

Scope

Reference

GMC2199

Description

Invitation to Tender for the GMC Staff Superannuation scheme

ref GMC2199:

LOT 1 - Actuarial services for the GMC Staff Superannuation Scheme

LOT 2 - Administration services for the GMC Staff Superannuation Scheme

LOT 3 - Investment advice services for the GMC Staff Superannuation Scheme

LOT 4 - Employer advice provision for the GMC

Total value (estimated)

  • £9,225,000 excluding VAT
  • £11,070,000 including VAT

Above the relevant threshold

Contract dates (estimated)

  • 5 December 2025 to 4 December 2030
  • Possible extension to 4 December 2034
  • 9 years

Description of possible extension:

option to extend by two periods of twenty-four (24) months

Main procurement category

Services

CPV classifications

  • 66131100 - Pension investment services

Contract locations

  • UK - United Kingdom

Lot constraints

Description of how multiple lots may be awarded:

Lots - this tender requirement will be split into four (4) separate Lots. All lots will be evaluated as individual contracts in line with the weightings detailed in the Invitation to Tender document.

Tenderers can bid for any lot that they desire. The GMC may award more than one lot to the same supplier or appoint a different supplier per individual lot

Lot 1. Lot 1 - Actuarial services for the GMC Staff Superannuation Scheme

Description

to provide Actuarial services for the GMC Staff Superannuation Scheme

Lot value (estimated)

  • £3,937,500 excluding VAT
  • £4,725,000 including VAT

Same for all lots

CPV classifications, contract locations and contract dates are shown in the Scope section, because they are the same for all lots.

Lot LOT2. Lot 2 - Administration services for the GMC Staff Superannuation Scheme

Description

to provide Administration services for the GMC Staff Superannuation Scheme

Lot value (estimated)

  • £2,662,500 excluding VAT
  • £3,195,000 including VAT

Same for all lots

CPV classifications, contract locations and contract dates are shown in the Scope section, because they are the same for all lots.

Lot LOT3. Lot 3 - Investment advice services for the GMC Staff Superannuation Scheme

Description

to provide Investment advice services for the GMC Staff Superannuation Scheme

Lot value (estimated)

  • £1,875,000 excluding VAT
  • £2,250,000 including VAT

Same for all lots

CPV classifications, contract locations and contract dates are shown in the Scope section, because they are the same for all lots.

Lot LOT4. Lot 4 - Employer advice provision for the GMC (contract with Employer not the Trustees)

Description

to provide Employer advice provision for the GMC (contract with Employer not the Trustees)

Lot value (estimated)

  • £750,000 excluding VAT
  • £900,000 including VAT

Same for all lots

CPV classifications, contract locations and contract dates are shown in the Scope section, because they are the same for all lots.

Participation

Particular suitability

Lot 1. Lot 1 - Actuarial services for the GMC Staff Superannuation Scheme

Lot LOT2. Lot 2 - Administration services for the GMC Staff Superannuation Scheme

Lot LOT3. Lot 3 - Investment advice services for the GMC Staff Superannuation Scheme

Lot LOT4. Lot 4 - Employer advice provision for the GMC (contract with Employer not the Trustees)

Small and medium-sized enterprises (SME)

Submission

Enquiry deadline

12 September 2025, 12:00pm

Tender submission deadline

30 September 2025, 12:00pm

Submission address and any special instructions

www.mytenders.co.uk

Tenders may be submitted electronically

Yes

Languages that may be used for submission

English

Award decision date (estimated)

14 November 2025

Award criteria

Lot 1. Lot 1 - Actuarial services for the GMC Staff Superannuation Scheme

This table displays the award criteria of the lot
Name Description Type
Quality

quality 70%

 Quality
cost

cost 20%

 Cost

Weighting description

Quality - 70%

Commercial - 20%

Social Value - 10%

Lot LOT2. Lot 2 - Administration services for the GMC Staff Superannuation Scheme

This table displays the award criteria of the lot
Name Description Type
cost

cost 20%

 Cost
quality

quality 70%

 Quality

Weighting description

quality 70%

cost 20%

social value 10%

Lot LOT3. Lot 3 - Investment advice services for the GMC Staff Superannuation Scheme

Lot LOT4. Lot 4 - Employer advice provision for the GMC (contract with Employer not the Trustees)

This table displays the award criteria of the lot
Name Description Type
cost

cost 20%

 Cost
quality

quality 70%

 Quality

Weighting description

quality 70%

cost 20%

social value 10%

Other information

Conflicts assessment prepared/revised

Yes

Procedure

Procedure type

Open procedure

Special regime

Concession

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