Award

Recruitment Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

26 Nov 2025 at 12:06

Summary of the contracting process

The Bank of England has completed a procurement process titled "Recruitment Services," classified under the CPV code 79600000. This process was conducted as a selective call-off from a framework agreement, with Korn Ferry being awarded the contract. The procurement focused on providing recruitment services within the services category and was designated for delivery within the United Kingdom, specifically in England. The tender process was concluded on 7th October 2025, with the contract period set to run from 30th October 2025 to 30th June 2026. The awarded contract, valued at £66,000, was published on 26th November 2025.

This tender offers substantial opportunities for businesses specialising in recruitment services, particularly those capable of fulfilling contractual obligations at a national level. Small and medium-sized enterprises (SMEs) are particularly well-suited to engage in such procurement processes as the framework encourages their participation. Companies that possess the capability to deliver comprehensive recruitment services efficiently and on a large scale would find this contract beneficial for growth and gaining competitive advantage in the public sector market. The engagement with an institution like the Bank of England can further enhance a company's portfolio and credibility.

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Notice Title

Recruitment Services

Notice Description

Recruitment Services

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7cbeece8-08d9-47e4-943a-c88557f99fde
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0b0c93f3-d432-4a28-a6fe-0a277976529d
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
£66,000 Under £100K
Lots Value
Not specified
Awards Value
£66,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
26 Nov 20252 months ago
Submission Deadline
7 Oct 2025Expired
Future Notice Date
Not specified
Award Date
6 Oct 20254 months ago
Contract Period
30 Oct 2025 - 30 Jun 2026 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
BANK OF ENGLAND
Contact Name
Not specified
Contact Email
corporate.contracts@bankofengland.co.uk
Contact Phone
0203 461 3205

Buyer Location

Locality
LONDON
Postcode
EC2R 8AH
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), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

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

Supplier Information

Number of Suppliers
1
Supplier Name

KORN FERRY

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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