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CON-22-127 Executive Assessments

Financial Conduct Authority

This public procurement record has 1 release in its history.

Tender

03 Aug 2022 at 12:05

Tender Notice
Summary of the contracting process

The Financial Conduct Authority is currently inviting tenders for the contract titled "CON-22-127 Executive Assessments," valued at £600,000. This procurement falls under the recruitment services category within the services sector and is based in the United Kingdom. The open procedure is in the tender stage, and submissions must be received by 12:00 on 2nd September 2022. The chosen supplier will be tasked with independently assessing candidates for leadership roles, providing comprehensive reports, and making recommendations to identify the most suitable candidates for the roles.

This tender presents significant opportunities for small and medium enterprises (SMEs) specialising in recruitment services and candidate assessment. Businesses that are adept at evaluating leadership qualities and familiar with the specific skills framework required by the Financial Conduct Authority will be particularly well-suited to compete. Additionally, with options for contract extension beyond the initial end date of 28th November 2025, this could lead to sustained business growth and collaboration with a key regulatory body within the financial sector.

How relevant is this notice?

Notice Information

Notice Title

CON-22-127 Executive Assessments

Notice Description

The requirement is for a Supplier to independently assess candidates as part of our Head of Department and Director recruitment processes. The Supplier must be able to assess candidates against criteria provided by the FCA (both in terms of a specific leadership skills framework and more role specific), as well as the broader market, to offer a judgement on the suitability of those candidates against a particular role or level more generally. The Supplier will provide a report and make recommendations to mitigate any transitional risks. In cases where there is more than one candidate the Supplier is expected to make a recommendation as to the most suitable candidate. The Supplier will also be expected to provide detailed feedback to all candidates assessed.

Lot Information

Lot 1

The requirement is for a Supplier to independently assess candidates as part of our Head of Department and Director recruitment processes. The Supplier must be able to assess candidates against criteria provided by the FCA (both in terms of a specific leadership skills framework and more role specific), as well as the broader market, to offer a judgement on the suitability of those candidates against a particular role or level more generally. The Supplier will provide a report and make recommendations to mitigate any transitional risks. In cases where there is more than one candidate the Supplier is expected to make a recommendation as to the most suitable candidate. The Supplier will also be expected to provide detailed feedback to all candidates assessed.

Renewal: Option to extend for an additional two years.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03587f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/021243-2022
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

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
£600,000 £500K-£1M
Lots Value
£600,000 £500K-£1M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
3 Aug 20224 years ago
Submission Deadline
2 Sep 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
29 Nov 2022 - 28 Nov 2025 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Financial Conduct Authority
Additional Buyers

Bank of England (including the PRA)

Financial Ombudsman Service

Financial Services Compensation Scheme

Money & Pensions Service

Payment Services Regulator

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
E20 1JN
Postcode Area
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
Not specified
Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Further Information

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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