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Open for tender
Official procurement procedure
Fiduciary Management
Banking and investment services
UK
Published value
£225,000
Submission deadline 15 Jun 2022, 12:00 BST
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: General Medical Council (GMC): "Fiduciary Management". Published status: active. Published value: £225,000. 1 published lot. Recorded submission deadline: 15 Jun 2022, 12:00 BST. See the official notice for participation instructions.
| Contracting Authority | General Medical Council (GMC) | Scope & Categories | Not published | Submission Window | Closed 15 Jun 2022, 12:00 BST |
|---|---|---|---|---|---|
| Submission Gateway | Direct notice route | Legal Basis & Regime | Standard procurement | Estimated Value (exc. VAT) | £225,000 |
Bidder Intelligence · Authority Profile: General Medical Council (GMC)
Market Analytics
Derived from OCDS awards & bid statistics
Published history for General Medical Council (GMC). These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
Not availableInsufficient comparable data
Competition Density
6.3Bids / Report
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate availablePayment Terms
Check noticePublished terms
Coverage: 70 active published awards; 67 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Price reduction compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityGeneral Medical Council (GMC) | Procedure methodNot published | Procurement categoryNot published |
Statusactive | Framework / DPSNot published | CompetitionNot published |
Above thresholdNot published | Legal basisNot published | Tender period startsNot published |
Clarification deadlineNot published | Electronic submissionNot published | Submission languagesNot published |
Published11 May 2022, 10:29 BST | Last source update11 May 2022, 10:29 BST | Recurring procurementNo |
ClassificationBanking and investment services | ||
Delivery area UK | ||
OCIDocds-h6vhtk-03365f | ||
What is being bought
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.
What changed
From the official release history
- Published value updated to £225,000
11 May 2022, 10:29 BST - Status changed to active
11 May 2022, 10:29 BST - Official notice release published
11 May 2022, 10:29 BST - Submission deadline changed to 15 Jun 2022, 12:00 BST
11 May 2022, 10:29 BST - Buyer information updated
11 May 2022, 10:29 BST
Lots and requirements (1)
Published by the contracting authority
- Lot 1 · #1Individual lot title not publishedactivePublished value£225,000The 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.Contract periodNot publishedEligibilityNot publishedOptions / renewalNot published
Timeline
- Procedure published
11 May 2022, 10:29 BST - Submission deadline
15 Jun 2022, 12:00 BST
Commercial outcome and competition
AwardsNo award published |
ContractsNo contract published |
Bid statisticsNo aggregate bid statistics published |
Buyer and organisations in this procedure
General Medical Council (GMC)
Contracting authority GB-FTS-1070Documents (0)
Official links; attachments are not copied
No linked documents are published
Related procedures (0)
No related procedures published