# The Occupational Pension Schemes (Scheme Administration) Regulations 1996, Paragraph 10: Notification to FM providers


(1) The trustees of a relevant trust scheme must give a tender completion notice to any in-scope FM provider who is—
(a) appointed on or after the commencement date, or
(b) given authority to manage additional manageable assets on or after that date.
(2) The trustees of a relevant trust scheme must also give a tender completion notice to any NRP FM provider who is to continue to provide fiduciary management services under their existing arrangements with the trustees following a qualifying tender process under paragraph 9(3) in respect of those services.
(3) A “tender completion notice” is a notice in writing which states that—
(a) where sub-paragraph (1) applies, either—
(i) the appointment or increase is made following the carrying out of a qualifying tender process under paragraph 8, or
(ii) no such tender was required before the appointment or increase was made;
(b) where sub-paragraph (2) applies, a qualifying tender process has been carried out under paragraph 9 in respect of the fiduciary management services provided under the existing arrangements with the relevant FM provider.

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Source: https://www.legislation.gov.uk/uksi/1996/1715/schedule/paragraph/10 (the official version)
Page: https://openlegislation.uk/occupational-pension-schemes-scheme-administration-regulations-1996/schedule/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.