Award

Recruitment Agency (Executive Search)

NATIONAL EMPLOYMENT SAVINGS TRUST (NEST)

This public procurement record has 1 release in its history.

Award

18 Oct 2024 at 17:15

Award Notice
Summary of the contracting process

The National Employment Savings Trust (NEST) has completed a public procurement process for recruitment services, specifically for an executive search to appoint an independent non-executive chair. This procurement falls under the "Recruitment services" category (CPV: 79600000) and is based in London, United Kingdom. The tender was conducted through a direct procurement method described as a "Single tender action (below threshold)." The tender period ended on 10th September 2024, with the award being granted on 11th September 2024. The contract started on 27th September 2024 and will end on 26th September 2025. The total contract value is £80,000 GBP.

This tender offers substantial growth opportunities, particularly for specialised recruitment agencies capable of providing executive search services. Small and medium-sized enterprises (SMEs) are suited to compete, given the suitability criteria outlined. The successful supplier, Russell Reynolds Associates Limited, exemplifies the type of firm that can thrive in this arena, providing top-tier recruitment services for high-profile public sector roles. Businesses with expertise in executive search and a track record of filling strategic positions will find this contract a beneficial case study for similar opportunities in the future.

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Notice Information

Notice Title

Recruitment Agency (Executive Search)

Notice Description

Executive search service to support Nest to appoint Nest's intention to appoint an independent non-executive chair.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f8bad88f-96ae-4d68-a226-92e80c33cf27
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0410fc80-5cd6-4851-a239-6db781cdfff7
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
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
£80,000 Under £100K
Lots Value
Not specified
Awards Value
£80,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
18 Oct 20241 years ago
Submission Deadline
10 Sep 2024Expired
Future Notice Date
Not specified
Award Date
10 Sep 20241 years ago
Contract Period
26 Sep 2024 - 26 Sep 2025 6-12 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
NATIONAL EMPLOYMENT SAVINGS TRUST (NEST)
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
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

RUSSELL REYNOLDS ASSOCIATES

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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