Award

Permanent Recruitment Services for Investment Banking roles

NATIONAL WEALTH FUND LIMITED

This public procurement record has 7 releases in its history.

Award

12 Jan 2026 at 09:32

Award

10 Dec 2025 at 09:20

Tender

01 Oct 2025 at 09:35

PlanningUpdate

13 Aug 2025 at 14:14

PlanningUpdate

12 Aug 2025 at 07:08

PlanningUpdate

12 Aug 2025 at 07:08

Planning

08 Aug 2025 at 12:56

Summary of the contracting process

The National Wealth Fund Limited, based in Leeds, has finalised a procurement process for "Permanent Recruitment Services for Investment Banking Roles". The tender, which reached the award stage on 12 January 2026, primarily targets the services industry, specifically recruitment services. Conducted using an open procedure, the procurement covered three contracts over an initial period of three years with an optional 12-month extension. The total maximum contract value is set at £840,000 inclusive of VAT. The contracting authority engaged in this process is a central government public authority, and the contract notice was published on the same date as the award stage completion.

This opportunity is an ideal fit for businesses specialising in recruitment services, particularly those with expertise in the investment banking sector. It opens avenues for growth by allowing small and medium-sized enterprises to collaborate with a central government entity, gaining significant exposure and experience. Companies that can demonstrate a strong geographical knowledge of recruitment and experience in investment banking will find this tender to align with their capabilities, providing a platform to enhance their portfolio and expand their client base within the UK's finance sector.

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Notice Title

Permanent Recruitment Services for Investment Banking roles

Notice Description

Award of 3 call off contracts for permanent recruitment services for the National Wealth Funds Investment banking roles as required. Each contract has an initial 3 year period, with an optional 12 month extension, with a maximum value of PS840,000 inclusive of VAT.

Lot Information

Lot 1

Renewal: Each contract will have an optional 12 month extension

Planning Information

The NWF is looking to host a Presentation to potential suppliers on the NWF and its requirement will take place on Tuesday 26th August, 14:00-15:00. This will be undertaken virtually through Microsoft Teams. Suppliers are limited to 2 attendees each. Please email Procurement@nationalwealthfund.org.uk with the name and email addresses of those you wish to attend in order to register. The NWF's is also sharing its draft requirements and the proposed contract with a request for information to potential suppliers in order to feed back on these ahead of going to market. These can be accessed through the link below and searching for the opportunity P0779 - Permanent Recruitment Service - Investment Banking Pre Market Engagement. https://atamis-3929.my.site.com/s/Welcome

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-058433
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/002111-2026
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
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
£2,100,000 £1M-£10M
Lots Value
£2,100,000 £1M-£10M
Awards Value
£700,000 £500K-£1M
Contracts Value
£700,000 £500K-£1M

Notice Dates

Publication Date
12 Jan 20261 months ago
Submission Deadline
31 Oct 2025Expired
Future Notice Date
1 Oct 2025Expired
Award Date
25 Nov 20253 months ago
Contract Period
12 Jan 2026 - 11 Jan 2029 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active, Pending
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
NATIONAL WEALTH FUND LIMITED
Contact Name
Freddie Hudson-Evans
Contact Email
procurement@nationalwealthfund.org.uk
Contact Phone
Not specified

Buyer Location

Locality
LEEDS
Postcode
LS1 4HR
Post Town
Leeds
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified

Local Authority
Leeds
Electoral Ward
Hunslet & Riverside
Westminster Constituency
Leeds South

Supplier Information

Number of Suppliers
3
Supplier Names

PEARSE PARTNERS

PROFESSIONAL SERVICES RESOURCING

SATIGO

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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