Award

Notice of contract award - Ctt_1867 - For the appointment of Reed Specialist Recruitment Limited for a 1 year contract for a MSP - Recruitment

FINANCIAL OMBUDSMAN SERVICE

This public procurement record has 1 release in its history.

Award

25 Mar 2021 at 14:39

Summary of the contracting process

The Financial Ombudsman Service has recently awarded a contract titled "Notice of contract award - Ctt_1867" for the appointment of Reed Specialist Recruitment Limited, providing a managed service provider for temporary and permanent staff. This contract, valued at £3.5 million, is part of the recruitment services industry and will be carried out in the East Midlands region of the United Kingdom. The contract period commenced on 22 June 2020 and will conclude on 21 June 2021, with the procurement process executed through a selective method via a call-off from a framework agreement. Key information about this award was published on 25 March 2021.

This tender presents significant opportunities for recruitment agencies and human resource service providers looking to expand their client base within the public sector. Businesses keen on entering this market should meet the requirements for managed service provision and be prepared to handle both temporary and permanent staffing needs. As the awarded supplier, Reed Specialist Recruitment Limited exemplifies the scale and expertise needed, indicating that similarly sized firms, particularly SMEs, could successfully compete for future opportunities in this space.

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Notice Title

Notice of contract award - Ctt_1867 - For the appointment of Reed Specialist Recruitment Limited for a 1 year contract for a MSP - Recruitment

Notice Description

Notice of award of a contract to Reed Specialist Recruitment limited for a 1 year contract to provide a managed service provider for temp and perm staff. We contracted with Reed through the use of the MSTAR framework agreement. There is an option to extend the agreement for a further 12 months.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0147eaf9-999c-4218-bd7b-d622366ec8f2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5a88b99d-4d72-433c-9a8c-b1912e6097c5
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79600000 - Recruitment services

Notice Value(s)

Tender Value
£3,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
£3,500,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
25 Mar 20214 years ago
Submission Deadline
1 Jun 2020Expired
Future Notice Date
Not specified
Award Date
17 Jun 20205 years ago
Contract Period
21 Jun 2020 - 21 Jun 2021 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
FINANCIAL OMBUDSMAN SERVICE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
E14 9SR
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
TLF East Midlands (England)

Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

REED SPECIALIST RECRUITMENT

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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