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Published 20 Jan 2021, 17:08 GMT

Official UK procurement notice

Actuarial, Administration and Employer advice

Official notice

Authority: General Medical Council (GMC) (Local council)

ServicesOpen procedureSME suitable
Sectors: Financial and insurance services (66) Delivery: UK
Awarded value£3,500,000published contract · exc. VAT
Awarded 18 Dec 2020
Awarded to Aon Hewitt Limited

What is being bought

Published requirement description

The Trustees of the GMC Staff Superannuation Scheme are undertaking a review of its service providers to ensure that it continues to receive a high quality service and value for money on behalf of the Employer and Scheme membership. Accordingly, the Trustees are inviting service providers to bid for the provision of:

  • Actuarial services
  • Administrative service
  • Employer Advice service.

Potential service providers must have experience of working with similarly sized schemes and should be able to provide all three of the specified services.

CPV: Actuarial services · Pension fund management services · Pension investment services · Pension services

The lotProcurement structure

single lot · no lot value published
Lot #1Awarded
Delivery: UK
66131100 Pension investment services66141000 Pension fund management services66519600 Actuarial services66520000 Pension services

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 70%Price: 30%
Published sub-criteria (2)
  • Quality: 70%
  • Commercial: 30%
Published award criteria (2)
  • Quality: 70
  • Commercial: 30
What this means for your bid
  • Price carries 30 of 100 points: a 10% discount moves about 3 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record · publisher note attached
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
Unspecified in notice
First published
20 Jan 2021, 17:08 GMT
Last source update
20 Jan 2021, 17:08 GMT
Authority reference
GMC1063
FTS notice number
2021/S 000-001191
Classification (CPV)
Actuarial servicesPension fund management servicesPension investment servicesPension services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-028bfd Find a Tender

Publisher note: (MT Ref:221749)

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £3,500,0001 contract exc. VAT
Bids received 52 from SMEs
Contracts signed 1latest 18 Dec 2020
Awarded toValueDateStatus
Aon Hewitt Limited£3,500,000 †—Awarded

Contracts

  • Contract 001191-2021-GMC1063-1 · Aon Hewitt Limited

    Signed
    18 Dec 2020
    Value
    £3,500,000
    Status
    active

Bid statistics published by the authority

BidsSMEVCSEValid bid range
5bids · 5 electronic · 5 from abroad2——

Contracting authority & participating public bodies

General Medical Council (GMC)

Contracting authorityLocal CouncilBody governed by public lawMedical regulation 3 Hardman Street, Manchester, UK, M3 3AWContact email, phone

Dispute resolution & review bodies

  • Public Procurement Review ServiceReview body LondonContact email, phone

Bidders & participating suppliers

1 commercial party on the notice
  • Aon Hewitt LimitedAwarded supplier 122 Leadenhall Street, London, London, EC3V 4ANContact phone

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.