Actuarial Services Tender - General Medical Council

Actuarial Services Tender – General Medical Council

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

United Kingdom-Manchester: Actuarial services

2020/S 100-243236

Contract notice

Services

Legal Basis:

Directive 2014/24/EU

Section I: Contracting authority

I.1)Name and addresses

Official name: General Medical Council (GMC)
Postal address: 3 Hardman Street
Town: Manchester
NUTS code: UK
Postal code: M3 3AW
Country: United Kingdom
E-mail: gmctenders@gmc-uk.org
Telephone: +44 1619236340

Internet address(es):Main address: http://www.gmc-uk.org

Address of the buyer profile: https://www.mytenders.co.uk/search/Search_AuthProfile.aspx?ID=AA19541

I.2)Information about joint procurement

I.3)Communication

The procurement documents are available for unrestricted and full direct access, free of charge, at: www.mytenders.co.uk

Additional information can be obtained from the abovementioned address

Tenders or requests to participate must be submitted electronically via: www.mytenders.co.uk

I.4)Type of the contracting authority

Body governed by public law

I.5)Main activity

Other activity: Medical regulation

Section II: Object

II.1)Scope of the procurement

II.1.1)Title:

Actuarial, Administration and Employer Advice

Reference number: GMC1063

II.1.2)Main CPV code

66519600

II.1.3)Type of contract

Services

II.1.4)Short 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.

II.1.5)Estimated total value

Value excluding VAT: 3 500 000.00 GBP

II.1.6)Information about lots

This contract is divided into lots: no

II.2)Description

II.2.1)Title:

II.2.2)Additional CPV code(s)

66519600

66131100

66141000

66520000

II.2.3)Place of performance

NUTS code: UK

II.2.4)Description of the procurement:

— 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.

Scheme information

The GMC Staff Superannuation Scheme is a contracted-out defined benefits occupational pension Scheme. The principal employer is the General Medical Council. The Scheme closed to new members on 30 June 2013 and has now closed to future accrual from 31 March 2018, although a salary link for active members at this date has been retained.

There are two category types and the benefit structure offers members the opportunity to receive a full pension or exchange part of their pension for a tax free cash sum at retirement.

On 1 January 2020 the membership profile was as follows:

Active members: 466

Deferred members: 680

Pensioner members: 217

As of 31 December 2019, the assets of the Scheme were approximately GBP 256.4 million and a triennial actuarial valuation is due on 31 December 2021.

II.2.5)Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents

II.2.6)Estimated value

II.2.7)Duration of the contract, framework agreement or dynamic purchasing system

Duration in months: 36

This contract is subject to renewal: yes

Description of renewals:

Two optional extension periods of 12 months.

II.2.10)Information about variants

Variants will be accepted: no

II.2.11)Information about options

Options: no

II.2.12)Information about electronic catalogues

II.2.13)Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: no

II.2.14)Additional information

Section III: Legal, economic, financial and technical information

III.1)Conditions for participation

III.1.1)Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers

III.1.2)Economic and financial standing

III.1.3)Technical and professional ability

III.1.5)Information about reserved contracts

III.2)Conditions related to the contract

III.2.1)Information about a particular profession

III.2.2)Contract performance conditions:

III.2.3)Information about staff responsible for the performance of the contract

Section IV: Procedure

IV.1)Description

IV.1.1)Type of procedure

Open procedure

IV.1.3)Information about a framework agreement or a dynamic purchasing system

IV.1.4)Information about reduction of the number of solutions or tenders during negotiation or dialogue

IV.1.6)Information about electronic auction

IV.1.8)Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: yes

IV.2)Administrative information

IV.2.1)Previous publication concerning this procedure

IV.2.2)Time limit for receipt of tenders or requests to participate

Date: 16/07/2020

Local time: 12:00

IV.2.3)Estimated date of dispatch of invitations to tender or to participate to selected candidates

IV.2.4)Languages in which tenders or requests to participate may be submitted:

English

IV.2.6)Minimum time frame during which the tenderer must maintain the tender

IV.2.7)Conditions for opening of tenders

Date: 16/07/2020

Local time: 12:00

Section VI: Complementary information

VI.1)Information about recurrence

This is a recurrent procurement: no

VI.2)Information about electronic workflows

Electronic invoicing will be accepted

Electronic payment will be used

VI.3)Additional information:

Note: to register your interest in this notice and obtain any additional information please visit the myTenders website at https://www.mytenders.co.uk/Search/Search_Switch.aspx?ID=219768

The buyer has indicated that it will accept electronic responses to this notice via the postbox facility. A user guide is available at https://www.mytenders.co.uk/sitehelp/help_guides.aspx

Suppliers are advised to allow adequate time for uploading documents and to dispatch the electronic response well in advance of the closing time to avoid any last minute problems.

(MT Ref:219768)

VI.4)Procedures for review

VI.4.1)Review body

Official name: Public Procurement Review Service
Postal address: Cabinet Office
Town: London
Country: United Kingdom
E-mail: publicprocurementreview@cabinetoffice.gov.uk
Telephone: +44 3450103503Internet address: https://www.gov.uk/government/publications/public-procurement-review-service-scope-and-remit

VI.4.2)Body responsible for mediation procedures

VI.4.3)Review procedure

VI.4.4)Service from which information about the review procedure may be obtained

VI.5)Date of dispatch of this notice:

20/05/2020