Award

Executive Search - Deputy Chief Economist

THE FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

31 Jul 2023 at 09:03

Summary of the contracting process

The Financial Conduct Authority has recently awarded a contract for Executive Search - Deputy Chief Economist. The procurement process was conducted through a selective method, calling off from a framework agreement. The contract value is £100,000, with a contract period starting on 26th July 2023 and ending on 26th January 2024. The procurement stage was an "award", and the award date was 30th June 2023. The buying organisation is The Financial Conduct Authority located in London, England, operating in the services industry category.

This tender presents an opportunity for recruitment services firms, especially those with experience in executive searches, to compete for business growth. Small and medium-sized enterprises (SMEs) are deemed suitable for this opportunity. Businesses interested in providing recruitment services to government organisations, specifically in the financial sector, may find this tender particularly relevant. Understanding the requirements outlined by The Financial Conduct Authority and tailoring proposals to meet those needs will be crucial for successful participation.

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 - Deputy Chief Economist

Notice Description

Source candidates for Deputy Chief Economist role.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a21d1952-6871-40d5-85d5-036cd6812db7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e54e8323-0079-4571-a111-ee485ad6b652
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
£66,544 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
31 Jul 20232 years ago
Submission Deadline
26 Jun 2023Expired
Future Notice Date
Not specified
Award Date
29 Jun 20232 years ago
Contract Period
25 Jul 2023 - 26 Jan 2024 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
Not specified

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

Supplier Information

Number of Suppliers
1
Supplier Name

RUSSELL REYNOLDS ASSOCIATES

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-a21d1952-6871-40d5-85d5-036cd6812db7-2023-07-31T10:03:23+01:00",
    "date": "2023-07-31T10:03:23+01:00",
    "ocid": "ocds-b5fd17-a21d1952-6871-40d5-85d5-036cd6812db7",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "CON-23-171",
        "title": "Executive Search - Deputy Chief Economist",
        "description": "Source candidates for Deputy Chief Economist role.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "79600000",
            "description": "Recruitment services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "minValue": {
            "amount": 50000,
            "currency": "GBP"
        },
        "value": {
            "amount": 100000,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2023-06-26T12:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2023-07-26T00:00:00+01:00",
            "endDate": "2024-01-26T23:59:59Z"
        },
        "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": "Kevin McMahon",
                "email": "Kevin.McMahon@fca.org.uk",
                "telephone": "+442070664634"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-03258089",
            "name": "RUSSELL REYNOLDS ASSOCIATES LIMITED",
            "identifier": {
                "legalName": "RUSSELL REYNOLDS ASSOCIATES LIMITED",
                "scheme": "GB-COH",
                "id": "03258089"
            },
            "address": {
                "streetAddress": "28 King Street London SW1Y 6QW GB"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-GOR-OT1085",
        "name": "THE FINANCIAL CONDUCT AUTHORITY"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-a21d1952-6871-40d5-85d5-036cd6812db7-1",
            "status": "active",
            "date": "2023-06-30T00:00:00+01:00",
            "datePublished": "2023-07-31T10:03:23+01:00",
            "value": {
                "amount": 66544.5,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-03258089",
                    "name": "RUSSELL REYNOLDS ASSOCIATES LIMITED"
                }
            ],
            "contractPeriod": {
                "startDate": "2023-07-26T00:00:00+01:00",
                "endDate": "2024-01-26T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/e54e8323-0079-4571-a111-ee485ad6b652",
                    "datePublished": "2023-07-31T10:03:23+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}