Award

Korn Ferry support 2024-25 - audit and assurance of the LTIP, STIP and PCH bonus

NUCLEAR RESTORATION SERVICES LTD

This public procurement record has 2 releases in its history.

Award

03 Apr 2024 at 12:47

Award

03 Apr 2024 at 12:47

Summary of the contracting process

The Nuclear Restoration Services Ltd has awarded a contract for the audit and assurance of incentive schemes to Korn Ferry (UK) Ltd. The procurement involved a direct procurement method with a contract value of £47,280. The contract period is from April 3, 2024, to June 30, 2024, and the tender closing date was March 25, 2024. The audit and assurance work will cover the LTIP, STIP, and PCH bonus.

This tender presents an opportunity for businesses in the services industry to engage in independent audit and assurance services. Companies with experience in feasibility studies, advisory services, and analysis are well-suited to compete for this contract. The procurement stage has been completed, and the contract is now active, providing a chance for growth and collaboration within the specified timeframe.

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Notice Title

Korn Ferry support 2024-25 - audit and assurance of the LTIP, STIP and PCH bonus

Notice Description

Carry out an independent audit and assurance of the outcomes of our incentive schemes within NRS Sites and NRS Dounreay. It includes an audit and assurance of the LTIP, STIP and PCH bonus and incentive targets and the final outcomes including reviewing the evidence files associated with the achievement of the targets and the final payment against those targets. Work required to be completed is: - - Review of initial findings, context and discussions with HR / Rem Co process and outcomes - Review of evidence - measure by measure (with follow ups for clarification) - Interim draft / reviews with Chief People Officer on status and gaps - Production of paper for Rem Co with recommendations on bonus out-turn - Presentation at Rem Co and completion of work by end of June

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e9086425-c695-4b1b-835f-07ece1d9deed
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1dae12ca-be80-473a-8404-58173e7978de
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services


CPV Codes

71241000 - Feasibility study, advisory service, analysis

Notice Value(s)

Tender Value
£47,280 Under £100K
Lots Value
Not specified
Awards Value
£47,280 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Apr 20241 years ago
Submission Deadline
25 Mar 2024Expired
Future Notice Date
Not specified
Award Date
2 Apr 20241 years ago
Contract Period
2 Apr 2024 - 30 Jun 2024 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
NUCLEAR RESTORATION SERVICES LTD
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
WARRINGTON
Postcode
WA3 6GR
Post Town
Warrington
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD6 Cheshire
Small Region (ITL 3)
TLD61 Warrington
Delivery Location
Not specified

Local Authority
Warrington
Electoral Ward
Birchwood
Westminster Constituency
Warrington North

Supplier Information

Number of Suppliers
1
Supplier Name

KORN FERRY (UK

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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