Award

Executive Search

SCOTTISH NATIONAL INVESTMENT BANK

This public procurement record has 1 release in its history.

Award

27 May 2022 at 07:39

Summary of the contracting process

The Scottish National Investment Bank has completed a tender process for executive search services, with the contract awarded to Spencer Stuart for an amount of £175,000. This procurement falls under the recruitment services category, as defined by the CPV classification 79600000. The procurement method used was a limited award procedure without prior publication of a call for competition, prompted by the urgent need to fill senior positions within the Bank. The contract was signed on 27 April 2022, and the delivery of services was to take place within the UK, specifically in the Edinburgh region.

This tender presents significant opportunities for businesses specialising in executive recruitment and search services. Companies with expertise in sourcing high-level candidates and a proven track record of delivering at short notice would be particularly well-suited to compete in similar procurements. The demand for quick turnaround and quality in service provision underlines the need for agile recruitment firms capable of navigating urgent requirements effectively.

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Notice Title

Executive Search

Notice Description

This is a requirement for an executive search firm for a six month contract.

Lot Information

Lot 1

We require the services of an Executive search firm to source key positions within the organisation at very short notice.

Procurement Information

For reasons we could not have foreseen we are in a position where we must recruit senior positions within the Bank. The time limits for open procedure, restricted procedure or competitive procedure with negotiation cannot be complied with for these specific positions. We have a contract in place with a Recruitment company for general recruitment purposes but that does not extend to an Executive search

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-034097
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/014833-2022
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
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£175,000 £100K-£500K

Notice Dates

Publication Date
27 May 20223 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
26 Apr 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
SCOTTISH NATIONAL INVESTMENT BANK
Contact Name
Not specified
Contact Email
procurement@thebank.scot
Contact Phone
Not specified

Buyer Location

Locality
EDINBURGH
Postcode
EH1 3EG
Post Town
Edinburgh
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM1 East Central Scotland
Small Region (ITL 3)
TLM13 City of Edinburgh
Delivery Location
TLM75 City of Edinburgh

Local Authority
City of Edinburgh
Electoral Ward
City Centre
Westminster Constituency
Edinburgh East and Musselburgh

Supplier Information

Number of Suppliers
1
Supplier Name

SPENCER STUART

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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