Award

Remuneration Advice

POST OFFICE

This public procurement record has 1 release in its history.

Award

31 Oct 2024 at 17:38

Summary of the contracting process

The procurement process managed by the Post Office, located at 100 Wood Street, London, involves securing services for "Remuneration Advice" under the industry category of Business services: law, marketing, consulting, recruitment, printing and security (CPV code 79000000). This tender, which concluded in the award stage on 31st October 2024, resulted in a contract with Korn Ferry (UK) Limited. The procurement utilised a direct method, specifically a single tender action below the threshold, and covers a contract period from 30th October 2024 to 29th October 2027. The total value of the contract is £178,000, and the services will be delivered across various regions within the United Kingdom, including England, Scotland, Wales, and Northern Ireland. The tender period ended on 8th July 2024.

This tender provides a substantial opportunity for businesses specialising in business services to collaborate with a prominent public organisation like the Post Office. Small and medium-sized enterprises (SMEs) are particularly well-suited to compete for such contracts, given the project's scope and the direct procurement method. This can offer significant growth potential, not only by securing profitable contracts but also by enhancing their reputation and market presence within the public sector. Businesses involved in consulting and advisory services would find this tender particularly advantageous, as it aligns perfectly with their core competencies.

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Notice Title

Remuneration Advice

Notice Description

Remuneration Committee Advice

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-10a1f088-1819-4786-931e-4486314e55af
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4d1400cc-11e2-4a89-a854-85582357f33c
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
£178,000 £100K-£500K
Lots Value
Not specified
Awards Value
£178,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
31 Oct 20241 years ago
Submission Deadline
8 Jul 2024Expired
Future Notice Date
Not specified
Award Date
31 Oct 20241 years ago
Contract Period
30 Oct 2024 - 29 Oct 2027 2-3 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
POST OFFICE
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
EC2V 7ER
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLI London, TLJ South East (England), TLK South West (England), TLL Wales, TLM Scotland, TLN Northern Ireland

Local Authority
City of London
Electoral Ward
Bassishaw
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

KORN FERRY (UK

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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