Award

Pay Benchmarking

NATIONAL SAVINGS & INVESTMENTS

This public procurement record has 1 release in its history.

Award

19 Aug 2025 at 14:48

Summary of the contracting process

The procurement process led by National Savings & Investments, headquartered at Riverside House, London, concluded with the award of a contract to Korn Ferry Hay UK Limited. The contract, titled "Pay Benchmarking," involves providing access to a cloud-based portal for benchmarking job role pay bands and falls under the industry category of Software Package and Information Systems. Although the tender process commenced earlier, the award was finalised on 17th July 2025, with the contract starting on 21st August 2025 and running until 20th August 2029. This procurement was executed through a selective method using a Call-off from a dynamic purchasing system, focusing on the services category with a total contract value of £36,000.

This tender offers substantial opportunities for businesses, especially those providing innovative cloud solutions within the information systems domain. It specifically supports small and medium-sized enterprises (SMEs), making it an attractive proposition for competitive tech firms looking to expand their client base within public sector contracts. By engaging in benchmarking services, companies can leverage their expertise to enhance the decision-making capabilities of public institutions like National Savings & Investments, contributing to long-term service improvements and performance efficiency. This opportunity is best suited for experienced suppliers in the software and services sector, aiming to establish a foothold in the public procurement market.

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Notice Title

Pay Benchmarking

Notice Description

Access to cloud based portal used to benchmark job role pay bands in like industries.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-adb3b165-dae9-4ad6-bc5b-ca9412645f9b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6f802882-73b5-4f6b-ba4a-40cddd2cdc3c
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a dynamic purchasing system
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£36,000 Under £100K
Lots Value
Not specified
Awards Value
£36,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
19 Aug 20256 months ago
Submission Deadline
16 Jul 2025Expired
Future Notice Date
Not specified
Award Date
16 Jul 20257 months ago
Contract Period
20 Aug 2025 - 20 Aug 2029 4-5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NATIONAL SAVINGS & INVESTMENTS
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
DE1 9HA
Post Town
Derby
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF11 Derby
Delivery Location
Not specified

Local Authority
Derby
Electoral Ward
Arboretum
Westminster Constituency
Derby South

Supplier Information

Number of Suppliers
1
Supplier Name

KORN FERRY HAY

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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