Award

GBN - Remuneration Benchmarking/ Scheme Design

DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY

This public procurement record has 1 release in its history.

Award

27 Mar 2023 at 13:27

Summary of the contracting process

The Department for Business, Energy & Industrial Strategy has completed a tender process for the provision of consultancy support for job evaluation, executive reward, pay data, and related advice on reward and incentives. The procurement method used was selective, calling off from a framework agreement. The contract value amounts to £50,000 GBP, with a contract period from 1st March 2023 to 1st April 2023. The award was made to Korn Ferry, a large-scale supplier based in London. The tender deadline was 28th February 2023.

This tender presents an opportunity for businesses specializing in recruitment services to collaborate and potentially expand their operations. Small and medium-sized enterprises (SMEs) are particularly suited to participate in this opportunity. The Department for Business, Energy & Industrial Strategy, as the buying organization, aims to enhance its reward and incentives strategy with the expertise provided by the selected supplier, Korn Ferry. Businesses interested in similar consultancy services should monitor such tenders for future growth prospects.

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Notice Title

GBN - Remuneration Benchmarking/ Scheme Design

Notice Description

Consultancy support for job evaluation, executive reward, pay data and other related advice on reward and incentives.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a3cd7a6d-a1da-4404-8ca5-3ee4a5814978
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/df5fb630-2f8f-41fa-a2a1-0eee6d6db897
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
£50,000 Under £100K
Lots Value
Not specified
Awards Value
£50,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Mar 20232 years ago
Submission Deadline
28 Feb 2023Expired
Future Notice Date
Not specified
Award Date
1 Mar 20232 years ago
Contract Period
1 Mar 2023 - 1 Apr 2023 1-6 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
DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY
Contact Name
Not specified
Contact Email
alex.robson@beis.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1H 0ET
Post Town
South West 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
Not specified

Local Authority
Westminster
Electoral Ward
St James's
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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