Award

Executive Search - Chief Operating Officer

THE FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

29 Oct 2020 at 15:54

Summary of the contracting process

The Financial Conduct Authority (FCA) has completed a tender process for the role of Chief Operating Officer, with the procurement classified under recruitment services. Key details include a contract value of £100,000, awarded to Korn Ferry (UK) Ltd, with a minimum value of £50,000. The procurement method used was a selective process based on a call-off from a framework agreement. The tender period concluded on 15 October 2020, while the contract runs from 29 October 2020 to 28 October 2021. The FCA is located in London, United Kingdom.

This tender presents unique opportunities for businesses specialising in recruitment services, particularly those with capabilities in executive searches. Given the nature of this contract, larger firms with established reputations in the human resources space may be particularly well-suited to compete, as they can demonstrate their expertise and capacity to source high-level candidates effectively. Companies looking to expand their operations in the public sector and enhance their business offerings should consider similar tenders to leverage growth in this domain.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Executive Search - Chief Operating Officer

Notice Description

Search for candidates to become the new FCA COO.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-288d6fd9-4263-4d09-8838-2ead9eca6622
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/385a3375-040f-47cf-9f3d-0a95f9c20c01
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
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
£72,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
29 Oct 20205 years ago
Submission Deadline
15 Oct 2020Expired
Future Notice Date
Not specified
Award Date
28 Oct 20205 years ago
Contract Period
29 Oct 2020 - 28 Oct 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
THE FINANCIAL CONDUCT AUTHORITY
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
E20 1JN
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
TLI London

Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

KORN FERRY (UK

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-288d6fd9-4263-4d09-8838-2ead9eca6622-2020-10-29T15:54:16Z",
    "date": "2020-10-29T15:54:16Z",
    "ocid": "ocds-b5fd17-288d6fd9-4263-4d09-8838-2ead9eca6622",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "CON-20-158",
        "title": "Executive Search - Chief Operating Officer",
        "description": "Search for candidates to become the new FCA COO.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "79600000",
            "description": "Recruitment services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "London",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "minValue": {
            "amount": 50000,
            "currency": "GBP"
        },
        "value": {
            "amount": 100000,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2020-10-15T12:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2020-10-29T00:00:00Z",
            "endDate": "2021-10-28T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-GOR-OT1085",
            "name": "THE FINANCIAL CONDUCT AUTHORITY",
            "identifier": {
                "legalName": "THE FINANCIAL CONDUCT AUTHORITY",
                "scheme": "GB-GOR",
                "id": "OT1085"
            },
            "address": {
                "streetAddress": "12 Endeavour Square",
                "locality": "LONDON",
                "postalCode": "E201JN",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Tim Mitchell",
                "email": "tim.mitchell@fca.org.uk",
                "telephone": "+442070669795"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-00763575",
            "name": "Korn Ferry (UK) Ltd",
            "identifier": {
                "legalName": "Korn Ferry (UK) Ltd",
                "scheme": "GB-COH",
                "id": "00763575"
            },
            "address": {
                "streetAddress": "14 Ryder Street London SW1Y 6QB"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-GOR-OT1085",
        "name": "THE FINANCIAL CONDUCT AUTHORITY"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-288d6fd9-4263-4d09-8838-2ead9eca6622-1",
            "status": "active",
            "date": "2020-10-28T00:00:00Z",
            "datePublished": "2020-10-29T15:54:16Z",
            "value": {
                "amount": 72000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-00763575",
                    "name": "Korn Ferry (UK) Ltd"
                }
            ],
            "contractPeriod": {
                "startDate": "2020-10-29T00:00:00Z",
                "endDate": "2021-10-28T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/385a3375-040f-47cf-9f3d-0a95f9c20c01",
                    "datePublished": "2020-10-29T15:54:16Z",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}