This public procurement record has 1 release in its history.

Award

21 Jul 2026 at 10:45

Summary of the contracting process

National Wealth Fund Limited procured executive search services through a call-off contract. The requirement covers recruitment services to support executive-level appointments, rather than the supply of goods or construction works. Delivery is across the United Kingdom. The buying organisation is National Wealth Fund Limited, based in Leeds. The procurement is categorised as services and is intended for suppliers able to provide executive search and related recruitment expertise. This requirement is relevant to executive search firms, specialist recruitment consultancies and other providers with the capability to identify, assess and support the appointment of senior leaders for a UK public-sector buyer.

The procurement is complete and was awarded following a selective procedure using a call-off from a framework agreement. Bids were due by 30 June 2026 at 12:00. The contract was awarded to Russell Reynolds Associates Ltd on 21 July 2026 for £440,000. The contract period runs from 22 July 2026 to 21 July 2028. The award is active. This is a single executive search services requirement rather than a procurement divided into lots. The opportunity was identified as suitable for small and medium-sized enterprises. The stated requirement is for recruitment services, with the contract covering executive search provision for National Wealth Fund Limited across the United Kingdom.

This award demonstrates a defined demand from National Wealth Fund Limited for specialist executive search support at substantial organisational scale. Businesses competing for a future requirement with this buyer would need credible capability in senior-level recruitment, including sourcing suitable candidates, managing confidential searches and supporting appointments across the UK. Strong market knowledge, an established executive candidate network and the capacity to manage multiple senior assignments would help demonstrate suitability. The procurement route also matters: suppliers would need access to, or participation in, the relevant framework used for the call-off. The requirement was marked as suitable for SMEs, so a specialist consultancy with the necessary executive search expertise and delivery capacity could be well placed to compete when a comparable requirement returns.

How relevant is this notice?

Notice Information

Notice Title

C1344 - Executive Search Services

Notice Description

Call off contract for the provision of executive search services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0c2489f7-7cc8-4da3-87a5-b9d7898cd79c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bfea7086-465a-4043-a7d3-5ec74defb262
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
Not specified
Lots Value
Not specified
Awards Value
£440,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
21 Jul 20262 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
21 Jul 20262 months ago
Contract Period
22 Jul 2026 - 21 Jul 2028 2-3 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
UK INFRASTRUCTURE BANK LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LEEDS
Postcode
LS1 4HR
Postcode Area
Leeds
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified

Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

Supplier Information

Number of Suppliers
1
Supplier Name

RUSSELL REYNOLDS ASSOCIATES LIMITED

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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