Award

Employee Pay Benchmarking

STUDENT LOANS COMPANY LIMITED

This public procurement record has 1 release in its history.

Award

29 Nov 2023 at 15:15

Award Notice
Summary of the contracting process

The Student Loans Company Limited has completed a procurement process for the provision of a web-based subscription service to enable pay benchmarking. The contract, titled "Employee Pay Benchmarking," was awarded to Korn Ferry (UK) Limited. The procurement method was a direct single tender action below threshold, with a contract value of £35,250 in GBP. The tender period ended on 24th October 2023, and the contract period starts from 7th November 2023, lasting until 6th November 2026. The buying organization, Student Loans Company Limited, is located in Darlington, England, and operates within the services industry category.

This tender for Employee Pay Benchmarking presents an opportunity for businesses specializing in subscription services. The procurement stage has transitioned to the award phase, indicating the conclusion of the selection process. Suitable competitors would need to provide similar web-based subscription services to cater to the needs of the buying organization. Whilst the Student Loans Company Limited oversaw this contract, other opportunities in the services industry category may arise for businesses seeking to engage in public procurement processes.

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Notice Information

Notice Title

Employee Pay Benchmarking

Notice Description

Web based subscription to a portal that enables pay benchmarking; this underpins SLC's job evaluation and pay benchmarking/analysis methodology.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-fee6b221-63c2-4f8b-9408-9f5a75ce4c69
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5bb55fc0-034b-4fe3-8271-838523152ce6
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

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

CPV Codes

79980000 - Subscription services

Notice Value(s)

Tender Value
£35,250 Under £100K
Lots Value
Not specified
Awards Value
£35,250 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
29 Nov 20232 years ago
Submission Deadline
24 Oct 2023Expired
Future Notice Date
Not specified
Award Date
1 Nov 20232 years ago
Contract Period
7 Nov 2023 - 6 Nov 2026 3-4 years
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
STUDENT LOANS COMPANY LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
DARLINGTON
Postcode
DL1 1RW
Post Town
Darlington
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC3 Tees Valley
Small Region (ITL 3)
TLC33 Darlington
Delivery Location
Not specified
Local Authority
Darlington
Electoral Ward
Red Hall & Lingfield
Westminster Constituency
Darlington

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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