Tender

TfL 96066 Remuneration Benchmarking Services

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Tender

16 Sep 2022 at 16:47

Tender Notice
Summary of the contracting process

Transport for London (TfL) has issued a tender for "TfL 96066 Remuneration Benchmarking Services" in the business and management consultancy and related services category. The consultancy will support TfL with remuneration benchmarking exercises for its Executive Committee and Director Population. The tender has a value of 400,000 GBP and is open for participation until October 18, 2022. The contract period is set to start on January 3, 2023, and end on January 1, 2026.

This tender by TfL presents an opportunity for consultancy firms specializing in business and management consultancy services to provide support for remuneration benchmarking exercises. Businesses with expertise in multi-industry proprietary surveys and market research would be well-suited to compete. Small and medium-sized enterprises (SMEs) are considered suitable for this opportunity. Interested parties should consider the tight deadline for tender submission by October 18, 2022.

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Notice Information

Notice Title

TfL 96066 Remuneration Benchmarking Services

Notice Description

TfL requires a consultancy to provide support with the annual executive remuneration benchmarking exercise covering TfL's Executive Committee and Director Population (c 60). There will also be a requirement to support with ad-hoc requests for data (across levels not restricted to Executive and Director Level or equivalent), market research and market insight throughout the Agreement. As a major provider of remuneration benchmarking the Consultant will own a number of multiindustry proprietary surveys including, but not limited to, Executive and Director Level roles from which the Consultant are able to draw robust market data from an agreed peer group of organisations. Please note this is a pre-requisite for selection and must be in place in time for Service Commencement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9b529312-4f69-48e6-947f-16421b49014e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6c4f2dba-43c7-4300-8e8e-68991e946c03
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
£400,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
16 Sep 20223 years ago
Submission Deadline
18 Oct 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
3 Jan 2023 - 1 Jan 2026 2-3 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
TRANSPORT FOR LONDON
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
SE1 8NJ
Post Town
South East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
Not specified
Local Authority
Southwark
Electoral Ward
Borough & Bankside
Westminster Constituency
Bermondsey and Old Southwark

Further Information

Notice URLs

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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