Award

Executive search services to support search for Chair and Trustee-Director for the Nuclear Liabilities Fund

DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY

This public procurement record has 1 release in its history.

Award

25 Apr 2022 at 13:38

Summary of the contracting process

The procurement process involves the Department for Business, Energy & Industrial Strategy in the UK seeking executive search services for the position of Chair and Trustee-Director of the Nuclear Liabilities Fund. This contract, valued at £30,000, was awarded to IRG Advisors LLP t/a Odgers Berndtson on 31 March 2022. The procurement method used was a limited award procedure conducted without prior publication of a call for competition, as permitted by the procurement regulations. The contract falls under the recruitment services category (CPV code: 79600000), with the contract executed in the UK, specifically in Peterborough.

This tender presents significant opportunities for businesses specialising in recruitment services, particularly those with expertise in executive search and governance. Providers offering experience in strategic leadership roles in the public sector or those familiar with the nuclear industry would be well-positioned to compete for similar contracts. Given the importance of properly filling these high-level positions, businesses that can demonstrate strong methodologies, staff experience, and the ability to meet tight delivery timelines will likely find significant prospects in this domain.

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Notice Title

Executive search services to support search for Chair and Trustee-Director for the Nuclear Liabilities Fund

Notice Description

The Nuclear Liabilities Fund (NLF) is a segregated investment fund set up to meet the cost of decommissioning the UK nuclear power stations now owned and operated by EDF. It is underwritten by HMG and holds assets of c.PS15bn. The Chair leads the Board of the NLF in assessing its funding position, investing its assets, making payments to meet qualifying decommissioning costs and providing strategic input to help control decommissioning liabilities.

Lot Information

Lot 1

Provide end-to-end executive search support to fill the role of Chair and Trustee-Director of the Nuclear Liabilities Fund (NLF), a vacancy which arises in April '22.

Procurement Information

A further competition was let via a CCS Framework RM 6002. Note that option for a further competition is not available in the drop down menu

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03300f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/010609-2022
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£30,000 Under £100K

Notice Dates

Publication Date
25 Apr 20223 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
30 Mar 20223 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY
Contact Name
Not specified
Contact Email
paul.donovan@beis.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
PETERBOROUGH
Postcode
N/A
Post Town
Not specified
Country
Not specified

Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
Not specified

Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Supplier Information

Number of Suppliers
1
Supplier Name

IRG ADVISORS LLP T/A ODGERS BERNDTSON

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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