Award

Provision of Investment Recruitment Services

NATIONAL EMPLOYMENT SAVINGS TRUST (NEST)

This public procurement record has 1 release in its history.

Award

19 Aug 2024 at 14:12

Summary of the contracting process

The National Employment Savings Trust (NEST) has completed a procurement process titled "Provision of Investment Recruitment Services" under the industry category of Recruitment services (CPV code: 79600000). The contract pertains to the delivery of recruitment services specializing in investment roles. This process employed a limited, competitive quotation method, with tenders submitted until 1st July 2024. The contract term spans from 11th July 2024 to 30th June 2025 and is valued at £150,000. The contract involves service delivery within London, United Kingdom, and emphasizes suitability for SMEs but excludes VCSEs. The award was finalized and published on 19th August 2024, with Sanderson Executive Limited being the selected supplier.

This tender presents substantial opportunities for businesses specializing in recruitment services, particularly those with expertise in placing investment roles. SMEs are particularly well-suited to compete, offering an excellent growth avenue for such firms looking to expand their market presence in the financial recruitment industry. With a significant contract value and a clearly defined period, businesses can benefit from a stable engagement with a prominent buyer like NEST. The location in London provides further strategic advantage given the city’s vibrant financial sector, ensuring ample potential for future business development and networking opportunities.

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Notice Title

Provision of Investment Recruitment Services

Notice Description

Provision of Recruitment services with a specialism in placing investment roles.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c72ad713-e4d2-45bd-946c-7100f0d5c8ce
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ecdef323-5ab7-4a7a-8d12-8e55a52722a3
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
SME
Awardee Scale
SME

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
£150,000 £100K-£500K
Lots Value
Not specified
Awards Value
£150,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
19 Aug 20241 years ago
Submission Deadline
1 Jul 2024Expired
Future Notice Date
Not specified
Award Date
31 Jul 20241 years ago
Contract Period
10 Jul 2024 - 30 Jun 2025 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
NATIONAL EMPLOYMENT SAVINGS TRUST (NEST)
Contact Name
1
Contact Email
procurement@nestcorporation.org.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
E14 4PU
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
TLI London

Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

SANDERSON EXECUTIVE

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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