- 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)
Scope
Reference
GMC2199
Description
Procurement of Actuarial (lot1) and administration services (lot2), investment services (lot3) and employee advice (lot4)
Lot 1. Lot 1 - Actuarial services for the GMC Staff Superannuation Scheme
Description
to provide Actuarial services for the GMC Staff Superannuation Scheme
Lot LOT2. Lot 2 - Administration services for the GMC Staff Superannuation Scheme
Description
to provide Administration services for the GMC Staff Superannuation Scheme
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 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)
Contract 1. LOT 1 - Actuarial services for the GMC Staff Superannuation Scheme
Lots
Lot 1. Lot 1 - Actuarial services for the GMC Staff Superannuation Scheme
Supplier
Contract value
- £3,937,500 excluding VAT
- £4,725,000 including VAT
Above the relevant threshold
Award decision date
14 November 2025
Date assessment summaries were sent to tenderers
14 November 2025
Standstill period
- End: 25 November 2025
- 8 working days
Earliest date the contract will be signed
2 December 2025
Contract dates (estimated)
- 5 December 2025 to 4 December 2030
- Possible extension to 4 December 2034
- 9 years
Description of possible extension:
The contract will run from the contract start date to 04th December 2030 with the option to extend by two periods of twenty-four (24) months.
assess sums sent 14/11/25
Main procurement category
Services
CPV classifications
- 66500000 - Insurance and pension services
Contract locations
- UK - United Kingdom
Contract 2. LOT 2 – Administration services for the GMC Staff Superannuation Scheme
Lots
Lot LOT2. Lot 2 - Administration services for the GMC Staff Superannuation Scheme
Supplier
Contract value
- £2,662,500 excluding VAT
- £3,195,000 including VAT
Above the relevant threshold
Award decision date
14 November 2025
Date assessment summaries were sent to tenderers
14 November 2025
Standstill period
- End: 25 November 2025
- 8 working days
Earliest date the contract will be signed
2 December 2025
Contract dates (estimated)
- 5 December 2025 to 4 December 2030
- Possible extension to 4 December 2034
- 9 years
Description of possible extension:
The contract will run from the contract start date to 04th December 2030 with the option to extend by two periods of twenty-four (24) months.
Main procurement category
Services
CPV classifications
- 66500000 - Insurance and pension services
Contract locations
- UK - United Kingdom
Contract 3. LOT 3 - Investment advice services for the GMC staff superannuation scheme
Lots
Lot LOT3. Lot 3 - Investment advice services for the GMC Staff Superannuation Scheme
Supplier
Contract value
- £750,000 excluding VAT
- £900,000 including VAT
Above the relevant threshold
Award decision date
14 November 2025
Date assessment summaries were sent to tenderers
14 November 2025
Standstill period
- End: 25 November 2025
- 8 working days
Earliest date the contract will be signed
2 December 2025
Contract dates (estimated)
- 5 December 2025 to 4 December 2030
- Possible extension to 4 December 2034
- 9 years
Description of possible extension:
The contract will run from the contract start date to 04th December 2030 with the option to extend by two periods of twenty-four (24) months.
assessmeny sent 14/11/25
Main procurement category
Services
CPV classifications
- 66500000 - Insurance and pension services
Contract locations
- UK - United Kingdom
Contract 4. LOT 4 - Employer advice provision for the GMC
Lots
Lot LOT4. Lot 4 - Employer advice provision for the GMC (contract with Employer not the Trustees)
Supplier
Contract value
- £1,875,000 excluding VAT
- £2,250,000 including VAT
Above the relevant threshold
Award decision date
14 November 2025
Date assessment summaries were sent to tenderers
14 November 2025
Standstill period
- End: 25 November 2025
- 8 working days
Earliest date the contract will be signed
2 December 2025
Contract dates (estimated)
- 5 December 2025 to 4 December 2030
- Possible extension to 4 December 2034
- 9 years
Description of possible extension:
The contract will run from the contract start date to 04th December 2030 with the option to extend by two periods of twenty-four (24) months.
14/11/11 assess sent
Main procurement category
Services
CPV classifications
- 66500000 - Insurance and pension services
Contract locations
- UK - United Kingdom
Information about tenders
Lot 1. Lot 1 - Actuarial services for the GMC Staff Superannuation Scheme
- 5 tenders received
- 5 tenders assessed in the final stage:
- 0 submitted by small and medium-sized enterprises (SME)
- 0 submitted by voluntary, community and social enterprises (VCSE)
- 1 supplier awarded contracts
- 4 suppliers unsuccessful (details included for contracts over £5 million)
Lot LOT2. Lot 2 - Administration services for the GMC Staff Superannuation Scheme
- 5 tenders received
- 5 tenders assessed in the final stage:
- 0 submitted by small and medium-sized enterprises (SME)
- 0 submitted by voluntary, community and social enterprises (VCSE)
- 1 supplier awarded contracts
- 4 suppliers unsuccessful (details included for contracts over £5 million)
Lot LOT3. Lot 3 - Investment advice services for the GMC Staff Superannuation Scheme
- 5 tenders received
- 5 tenders assessed in the final stage:
- 0 submitted by small and medium-sized enterprises (SME)
- 0 submitted by voluntary, community and social enterprises (VCSE)
- 1 supplier awarded contracts
- 4 suppliers unsuccessful (details included for contracts over £5 million)
Lot LOT4. Lot 4 - Employer advice provision for the GMC (contract with Employer not the Trustees)
- 5 tenders received
- 5 tenders assessed in the final stage:
- 0 submitted by small and medium-sized enterprises (SME)
- 0 submitted by voluntary, community and social enterprises (VCSE)
- 1 supplier awarded contracts
- 4 suppliers unsuccessful (details included for contracts over £5 million)
Procedure
Procedure type
Open procedure
Special regime
Concession
Suppliers
Aon Solutions UK Limited
- Public Procurement Organisation Number: PQCZ-2177-DLPW
The Aon Centre, 122 Leadenhall Street
London
EC3V 4AN
United Kingdom
Email: james.miller.2@aon.com
Region: UKI31 - Camden and City of London
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 1. LOT 1 - Actuarial services for the GMC Staff Superannuation Scheme
Contract 2. LOT 2 - Administration services for the GMC Staff Superannuation Scheme
Contract 4. LOT 4 - Employer advice provision for the GMC
XPS Group PLC
- Public Procurement Organisation Number: PWBZ-5997-ZHBD
Phoenix House, 1 Station Hill
Reading
RG1 1NB
United Kingdom
Email: josh.Pilley@xpsgroup.com
Region: UKJ11 - Berkshire
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 3. LOT 3 - Investment advice services for the GMC staff superannuation scheme
Contracting authority
General Medical Council (GMC)
- Public Procurement Organisation Number: PXLD-1125-PGBY
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