Award

FSCS388 Specialist Recruitment and Consultancy Services

FINANCIAL SERVICES COMPENSATION SCHEME

This public procurement record has 2 releases in its history.

Award

05 Dec 2023 at 16:05

Tender

14 Jun 2022 at 15:05

Summary of the contracting process

The Financial Services Compensation Scheme (FSCS) has completed a procurement process for Specialist Recruitment and Consultancy Services titled "FSCS388". The procurement falls under the services category and focusses on three key areas: Specialist Recruitment & Selection, Staff Talent Management & Leadership Development, and Executive & Staff Coaching Services. The buying organisation, FSCS, is located in London, UK. The procurement process was initiated through a tender, and the status of the procurement is currently cancelled. The main procurement method used was an open procedure. The award criteria for this tender included Quality (80%) and Price (20%).

This tender by the FSCS for Specialist Recruitment and Consultancy Services provides business growth opportunities for companies offering recruitment, talent management, and coaching services. Businesses specialising in recruitment services, talent management, leadership development, and coaching at different organisational levels are well-suited to compete for these opportunities. The tender presents a significant financial opportunity, with awards for each lot ranging from £120,000 to £200,000. The procurement process aims to attract large and SME suppliers, facilitating a competitive environment beneficial for business growth and innovation.

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Notice Title

FSCS388 Specialist Recruitment and Consultancy Services

Notice Description

The success of the Financial Services Compensation Scheme is dependent upon the calibre of people employed by our business and, as such, we are committed to the recruitment and selection of colleagues with the right blend of skills, qualifications, competencies, experience, knowledge and attitude. The Framework will facilitate provision of HR specialist services under the following three 'Lots' , details of which are set out at below: *Lot 1: Specialist Recruitment & Selection (Niche) and Supply of Temporary Personnel Services *Lot 2: Staff Talent Management and Leadership Development Services *Lot 3: Executive and wider staff coaching services: * Lot 3a: Executive coaching (Board, CEO and "C-Suite"), *Lot 3b Leadership Coaching (Senior Leaders and Managers) *Lot 3c: Team & Group coaching *Lot 3d: Individual employee coaching

Lot Information

Specialist Recruitment & Selection and Supply of Temporary Personnel Services

To successfully to provide an executive search and selection service to FSCS to identify and provide candidates for FSCS consideration for appointment to senior, executive or specialised positions within FSCS. Executive, Senior and Specialist Recruitment & Selection As part of the above: *provide a comprehensive assessment of each assignment and provide the expertise to present innovative solutions (e.g., direct sourcing / digital / social media channels) to fulfil the role requirement. *provide a personal 'high touch' and consultative service to hiring managers. Experienced consultants shall be closely involved in all aspects of the assignment. *provide a highly professional and broad-based recruitment process which is clearly communicated and inclusive of 'informed research and evaluation' on short-listed candidates. *source candidates (temporary/fixed term and permanent) to the required standard in line with the role profile provided by FSCS, and ensure the candidate is made aware of the recruitment timescales and any relevant security requirements. *manage the candidate journey to ensure the best possible candidate experience, including but not limited to: okeeping candidates informed and engaged throughout the recruitment process oproviding the candidate with timely updates on the process and ensure they receive feedback where appropriate *use innovative methods to effectively promote the customer's Employer Value Proposition (EVP), the role(s) and the benefits/opportunities. *able to demonstrate robust and effective procedures to protect FSCS from operational and reputational risks. *able to demonstrate a commitment to delivering additional value for money throughout the lifetime of the agreement. Able to evidence examples of how this can be achieved. *confirm FSCS recruitment process, timescales and any relevant UK security vetting and other personal requirements. Board Director Candidate Search & Selection Provide an executive search and selection service to FSCS to identify and provide candidates for FSCS consideration for appointment to positions as FSCS executive or non-executive directorships (including, where required, the position of chair of the FSCS board). As part of the above: *Ability to evidence a track record of sourcing Board Chair, NED and 'C level' talent from Fortune 500, FTSE 100, AIM-listed companies, financial services sector and from leading not for profit organizations. *Significant experience (10 years plus) of using appropriate recruitment and selection methods such as head hunting, focused advertising campaigns as part of an integrated Executive Search & Selection Assignment. *Supplier will have the ability to carry out benchmark of internal applicants to ensure the right hire is achieved every time. *Ability to deploy teams with a mix of talents, with contacts at the highest levels of all sectors, drawing on both a UK and international talent pool. *Display a range of soft skills to tune into the FSCS culture.

Renewal: FSCS reserve the right to extend the framework agreement twice by up to 12 months on each occasion, potentially making it a maximum term of 4 years (48 months).

Staff Talent Management & Leadership Development Services

Talent Management is a constant process that involves attracting and retaining high-quality employees, developing their skills and continuously motivating them to improve their performance. At FSCS, the concept of Enterprise leadership is integral to our performance. We achieve this through recruiting well as well as identifying, growing and developing our best, internal talent. The assessment activity relates to a variety of assessments used for: *Executive, Non-Executive (Board) and C-Suite selection *Leadership Development *Talent and Succession planning The type of activity would typically include, but not be limited to: *Carry out and /or aid with talent assessment as part of recruitment processes *Carry out and / or aid with talent assessment as part of succession planning *Aid with developing Talent Management strategies and plans

Renewal: FSCS reserve the right to extend the framework agreement twice by up to 12 months on each occasion, potentially making it a maximum term of 4 years (48 months).

Executive/Staff Coaching Services

The provision of Coaching services to develop FSCS employees (at all levels) skills and knowledge so that their job performance improves, leading to the achievement of organisational or individual objectives. Provide coaches that are experienced, qualified and curious. The coaching material should be diverse and influenced by philosophy, psychology, cognitive science, arts, biology, linguistics and more. The Coaching services will assist FSCS in its development of its employees at all levels, including coaching in skills and knowledge so that employees' job performance improves, leading to the achievement of organisational or individual or Career Pathway objectives. The People team wish to regularise and improve access arrangements to a range of coaching and mentoring related services. The required coaching services will be divided into 4 sub-lots: *Lot 3a: Executive Coaching - Board/CEO & C-Suite *Lot 3b: Leadership Coaching - Senior Leaders & Managers *Lot 3c: Team & Group Coaching *Lot 3d: Individual Employee Coaching

Renewal: FSCS reserve the right to extend the framework agreement term twice by up to 12 months on each occasion, making the potential maximum term 4 years (48 months).

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-034667
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/035835-2023
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79600000 - Recruitment services

79635000 - Assessment centre services for recruitment

79998000 - Coaching services

Notice Value(s)

Tender Value
£1,600,000 £1M-£10M
Lots Value
£1,600,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£1,400,000 £1M-£10M

Notice Dates

Publication Date
5 Dec 20232 years ago
Submission Deadline
14 Jul 2022Expired
Future Notice Date
Not specified
Award Date
3 Nov 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
FINANCIAL SERVICES COMPENSATION SCHEME
Contact Name
Jean Mutudza
Contact Email
jean.mutudza@fscs.org.uk
Contact Phone
+44 2073758175

Buyer Location

Locality
LONDON
Postcode
EC3A 7QU
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLI London

Local Authority
City of London
Electoral Ward
Portsoken
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
16
Supplier Names

ALLIANCE COACHING

AWARE LEADERSHIP

EDGECUMBE CONSULTING GROUP

EXEMPLIA GROUP

FIRST ASCENT GROUP

GATENBYSANDERSON

GREEN PARK INTERIM AND EXECUTIVE

INTOO UK & IRELAND

IRG ADVISORS LLP TRADING AS ODGERS BERNDTSON, ODGERS INTERIM

MERCURI URVAL

PENNA

SAXTON BAMPFYLDE HEVER

SWEETMANS AND PARTNERS

THE CENTRE FOR TEAMS

TRIANGLE PARTNERSHIP

VA CONSULTANTS GLOBAL

Open Contracting Data Standard (OCDS)

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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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