United Kingdom9 days leftOpen

Investment Adviser

Tender Overview

LOCATION

United Kingdom, United Kingdom

VALUE

£480,000

DEADLINE

February 11, 2026 at 12:00

CATEGORY

Other

CPV CODE

79220000

REFERENCE

001055-2026

Project Timeline

Contact Information

View Original

Original Tender Description

The services sought under the contract are:  Design of, and advice on, the suitability of investment strategies.  Assistance with the selection of investment managers to implement the chosen investment strategy, including the co-ordination of the transition of assets.  Reporting on the development of the investment strategy.  Reporting on investment manager performance, any organisational developments, and their ongoing suitability.  Reviews and drafting of (or input to) investment policy documents, including provision of updates on relevant developments (e.g. Charity Commission guidance, UK Stewardship Code, or evolving ESG frameworks) to ensure the investment policy statement remains compliant and fit for purpose.  Advice on responsible or sustainable investment policies and their implementation.  Support negotiating fees with investment managers and reviewing agreements from an investment point of view, including fee benchmarking of investment manager and custodian fees.  Ability to deliver training sessions for Committee members, particularly around ESG developments, stewardship, and regulatory changes.  Ability to scenario model and stress test the investment strategy under different market conditions.  Ability to review strategic asset allocation and impact on risk and return.
⚠️

MANDATORY EXCLUSION GROUNDS

  • Bidder must not be subject to any mandatory exclusion grounds as defined by applicable public procurement regulations (e.g., UK Public Contracts Regulations 2015).

ELIGIBILITY REQUIREMENTS

  • Bidder must be a legally constituted entity.
  • Bidder must comply with all applicable laws and regulations relevant to providing investment advisory services in the UK.
🔧

TECHNICAL CAPABILITY REQUIREMENTS

  • Ability to design investment strategies and provide advice on their suitability.
  • Ability to assist with the selection of investment managers, including coordination of asset transition.
  • Ability to report on the development of investment strategies.
  • Ability to report on investment manager performance, organizational developments, and ongoing suitability.
  • Ability to review and draft (or provide input to) investment policy documents.
  • Ability to provide updates on relevant developments (e.g., Charity Commission guidance, UK Stewardship Code, evolving ESG frameworks) to ensure investment policy statements remain compliant and fit for purpose.
  • Ability to advise on responsible or sustainable investment policies and their implementation.
  • Ability to support fee negotiations with investment managers and review agreements from an investment perspective.
  • Ability to conduct fee benchmarking for investment manager and custodian fees.
  • Ability to deliver training sessions for Committee members, particularly on ESG developments, stewardship, and regulatory changes.
  • Ability to scenario model and stress test investment strategies under different market conditions.
  • Ability to review strategic asset allocation and its impact on risk and return.
  • Ability to provide services for the full contract duration of 60 months.
💰

FINANCIAL REQUIREMENTS

  • Bidder must demonstrate sufficient financial capacity to undertake a contract with an estimated value of 480,000 EUR (approx. £400,000).
📋

SUBMISSION REQUIREMENTS

  • Submit the bid by the deadline of 2026-02-11 12:00:00.
  • Submit a comprehensive proposal addressing all specified service requirements.

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PDF
Official PDF Version
PDF001055-2026_official.pdf
Summary:
This tender notice from the General Medical Council seeks an Investment Adviser to provide strategic advice, manager selection, performance reporting, policy drafting, ESG guidance, fee negotiation support, and training, with an estimated value of £400,000 over 5-8 years.

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56
Fair

Tender Quality Score

This tender provides a clear description of services but suffers from critical omissions, notably the lack of specified evaluation criteria and a clear link to full tender documents, significantly impacting fairness and transparency.

Score Breakdown

Legal Compliance65/100

The procedure type and CPV code are correctly identified. However, the absence of a reveal date and, critically, the lack of specified evaluation criteria are significant compliance deficiencies under public procurement regulations.

Missing reveal date
No evaluation criteria specified
Clarity60/100

The service description and AI-extracted requirements are detailed and unambiguous, providing a clear understanding of the scope of work. Nevertheless, the complete absence of evaluation criteria severely hinders the clarity of the bidding process for potential suppliers.

No evaluation criteria specified
Completeness60/100

Basic information like title, reference, organization, value, and duration are present. However, the tender is incomplete due to missing the liable person, the official reveal date, and crucially, the evaluation criteria. The status of the 'Official PDF Version' being 'Required: No' also raises questions about the completeness of accessible documentation.

Missing liable person
Missing reveal date
Fairness40/100

The estimated value is disclosed, and requirements do not appear tailored. However, the complete absence of evaluation criteria is a critical flaw that severely compromises the objectivity and transparency of the selection process. The lack of e-submission and ambiguous document access further reduce equal opportunity.

No evaluation criteria specified
No e-submission
Practicality45/100

The contract start date and duration are clearly specified. However, the lack of electronic submission capabilities and the absence of a direct URL for comprehensive tender documents present significant practical hurdles for bidders.

No e-submission
No explicit document URL provided
Data Consistency75/100

Key dates (submission, contract start) and duration are logical and consistent. There are no reported disputes or suspensions. Minor inconsistencies include the missing 'Liable Person' and 'N/A' codes for procedure type.

Missing liable person
N/A codes for procedure type
Sustainability50/100

The tender explicitly includes an 'Innovation Focus,' which is a positive aspect. However, it lacks specific criteria related to green procurement or broader social aspects, limiting its overall sustainability profile.

Not green procurement
No social criteria

Strengths

Clear and detailed service description
Well-defined technical requirements
Innovation focus included
Value and contract duration are clearly specified
No disputes or suspensions reported

Concerns

Absence of specified evaluation criteria
Missing reveal date and ambiguous full tender document access
No electronic submission option
Missing liable person information
Lack of explicit green or social procurement criteria

Recommendations

1. Immediately publish comprehensive evaluation criteria to ensure transparency and fairness in the selection process.
2. Provide a direct URL to all complete tender documents and confirm the official reveal date for full transparency.
3. Implement an electronic submission platform for future tenders to enhance accessibility and efficiency for bidders.

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C
Tender Quality Score
56/ 100 · Fair

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