Published date: 28 October 2022

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 15 June 2022, 12pm

Contract summary

Industry

  • Banking and investment services - 66100000

Location of contract

Scotland, North West, Wales, Northern Ireland, London

Value of contract

£283,000

Procurement reference

MT227789

Published date

28 October 2022

Closing date

15 June 2022

Closing time

12pm

Contract start date

1 August 2022

Contract end date

31 July 2025

Contract type

Service contract

Procedure type

Open procedure

Any interested supplier may submit a tender in response to an opportunity notice.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No


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.


More information

Links


Award information

Awarded date

28 July 2022

Contract start date

1 August 2022

Contract end date

31 July 2025

Total value of contract

£283,000

This contract was awarded to 1 supplier.

XPS Pensions Group

Address

11 Strand, LONDON

Reference

Companies House number

Value of contract

£283,000


About the buyer

Address

3 Hardman Street
Manchester
M3 3AW
England

Telephone

+44 1619236340

Email

gmctenders@gmc-uk.org

Website

http://www.gmc-uk.org