Award

RemCo Advisors

POST OFFICE LIMITED

This public procurement record has 1 release in its history.

Award

08 Jun 2024 at 16:53

Summary of the contracting process

The Post Office Limited has recently awarded a contract for personnel and payroll services titled "RemCo Advisors" following a competitive quotation procurement method. The contract is valued at £450,000 and has a contract period from 17th December 2020 to 1st September 2024. The procurement stage is completed, and the tender period ended on 10th June 2020. The location for this procurement is in London, United Kingdom, and falls under the services industry category.

This contracting opportunity with the Post Office Limited presents a chance for businesses in the personnel and payroll services sector to secure contracts and grow their revenue. Companies experienced in providing benchmarking for pay, salary, and benefits would be well-suited to compete in this tender. The contract's value and duration offer a stable revenue stream for the winning supplier, Towers Watson Ltd, a large-scale company based in Reigate, Surrey, RH2 9PQ.

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

RemCo Advisors

Notice Description

Benchmarking pay/ salary / benefits

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e7243acd-1b63-4cfd-951e-e20c2b7c925d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4e0e5b07-7dd7-4aba-b203-2ab6bdcf836e
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79631000 - Personnel and payroll services

Notice Value(s)

Tender Value
£450,000 £100K-£500K
Lots Value
Not specified
Awards Value
£176,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Jun 20241 years ago
Submission Deadline
10 Jun 2020Expired
Future Notice Date
Not specified
Award Date
1 Dec 20205 years ago
Contract Period
17 Dec 2020 - 1 Sep 2024 3-4 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
POST OFFICE LIMITED
Contact Name
Not specified
Contact Email
procurement@postoffice.co.uk
Contact Phone
079809 64840

Buyer Location

Locality
LONDON
Postcode
EC2V 7ER
Post Town
Central 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
City of London
Electoral Ward
Bassishaw
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

TOWERS WATSON

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-e7243acd-1b63-4cfd-951e-e20c2b7c925d-2024-06-08T17:53:25+01:00",
    "date": "2024-06-08T17:53:25+01:00",
    "ocid": "ocds-b5fd17-e7243acd-1b63-4cfd-951e-e20c2b7c925d",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "C100608",
        "title": "RemCo Advisors",
        "description": "Benchmarking pay/ salary / benefits",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "79631000",
            "description": "Personnel and payroll services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "minValue": {
            "amount": 150000,
            "currency": "GBP"
        },
        "value": {
            "amount": 450000,
            "currency": "GBP"
        },
        "procurementMethod": "limited",
        "procurementMethodDetails": "Competitive quotation (below threshold)",
        "tenderPeriod": {
            "endDate": "2020-06-10T14:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2020-12-17T00:00:00Z",
            "endDate": "2024-09-01T23:59:59+01:00"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/t9Gu6N7M",
            "name": "Post Office Limited",
            "identifier": {
                "legalName": "Post Office Limited",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/t9Gu6N7M"
            },
            "address": {
                "streetAddress": "100 wood street",
                "locality": "london",
                "postalCode": "ec2v 7er",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "email": "procurement@postoffice.co.uk",
                "telephone": "079809 64840"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-5379716",
            "name": "Towers Watson Ltd",
            "identifier": {
                "legalName": "Towers Watson Ltd",
                "scheme": "GB-COH",
                "id": "5379716"
            },
            "address": {
                "streetAddress": "Watson House, London Road, Reigate, Surrey, RH2 9PQ"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/t9Gu6N7M",
        "name": "Post Office Limited"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-e7243acd-1b63-4cfd-951e-e20c2b7c925d-1",
            "status": "active",
            "date": "2020-12-01T00:00:00Z",
            "datePublished": "2024-06-08T17:53:25+01:00",
            "value": {
                "amount": 176000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-5379716",
                    "name": "Towers Watson Ltd"
                }
            ],
            "contractPeriod": {
                "startDate": "2020-12-17T00:00:00Z",
                "endDate": "2024-09-01T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/4e0e5b07-7dd7-4aba-b203-2ab6bdcf836e",
                    "datePublished": "2024-06-08T17:53:25+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}