Award

C1089 - Executive Search services - Banking, Financial Services & Non-Executives

NATIONAL WEALTH FUND LIMITED

This public procurement record has 1 release in its history.

Award

23 Jul 2025 at 14:21

Award Notice
Summary of the contracting process

The public procurement process for the provision of Executive Search services in the Banking and Financial Services sector has been completed. The National Wealth Fund Limited, based in Leeds, orchestrated this selective procurement process via a call-off from a framework agreement. The contract, valued at £440,000, was awarded to Korn Ferry (UK) Ltd on 3rd August 2025, and it will be effective from 4th August 2025 to 3rd August 2027, primarily focused on recruitment services. The procurement category is services, specifically under the CPV code 79600000, and is suitable for SMEs, taking place within the United Kingdom.

This tender offers significant growth opportunities for businesses specialising in executive recruitment services, particularly those with experience in financial sectors. Companies interested in this kind of work must be adept at providing high-quality executive searches and fit well within a framework agreement environment to seize future opportunities when they arise. While this contract demonstrates a substantial investment in recruitment services, it underscores the potential for skilled businesses to expand their portfolio in public sector work provided they meet the outlined suitability criteria.

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Notice Information

Notice Title

C1089 - Executive Search services - Banking, Financial Services & Non-Executives

Notice Description

Provision of Executive search services for Banking and Financial Services roles.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8d95376a-4b58-4b3d-8a87-19b98cc494c3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d504f764-4368-41cc-8a4c-106f15945cc9
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
23 Jul 20257 months ago
Submission Deadline
2 Aug 2025Expired
Future Notice Date
Not specified
Award Date
23 Jul 20257 months ago
Contract Period
3 Aug 2025 - 3 Aug 2027 1-2 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
NATIONAL WEALTH FUND 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
Post Town
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

KORN FERRY (UK

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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