Planning

TfL 96476 - Remuneration Benchmarking Services for Executives

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Planning

19 Dec 2025 at 15:47

UK2 - Preliminary Market Engagement Notice
Summary of the contracting process

Transport for London (TfL) is in the planning stage of a procurement process titled "TfL 96476 - Remuneration Benchmarking Services for Executives," under the category of human resources management consultancy services. This process aims to identify a consultancy to assist with annual executive remuneration benchmarking for TfL's Executive Committee and Director Population. The procurement is currently in the planning phase, with a significant milestone set for 28 February 2026, by which interested parties must complete an Early Market Engagement questionnaire. The consultancy's primary location for service delivery includes various regions across the United Kingdom, with the contract period expected to commence on 1 September 2026, spanning four years with a potential extension to 31 August 2031. The contract's gross value is set at £960,000, highlighting its significance and opportunity for industry involvement.

This tender presents a valuable opportunity for consultancies specialising in market research and remuneration benchmarking. Businesses with robust experience in executive and director-level remuneration studies and those capable of conducting multi-industry surveys will find this particularly aligned with their expertise. Given the scope and value of the project, this is a lucrative opportunity for firms seeking to expand their services within the public sector and establish a long-term relationship with a major public authority like TfL. The consultancy must demonstrate its ability to deliver comprehensive remuneration insights, making it an ideal proposition for firms with a strong track record of executive-level analytics and market data provision.

How relevant is this notice?

Notice Information

Notice Title

TfL 96476 - Remuneration Benchmarking Services for Executives

Notice Description

TfL requires a consultancy to provide support with the annual executive remuneration benchmarking exercise covering TfL's Executive Committee and Director Population (c 60). There will also be a requirement to support with ad-hoc requests for data (across levels not restricted to Executive and Director Level or equivalent), market research and market insight throughout the Agreement. As a major provider of remuneration benchmarking the Consultant will own a number of multi-industry proprietary surveys including, but not limited to, Executive and Director Level roles from which the Consultant are able to draw robust market data from an agreed peer group of organisations. Please note this is a pre-requisite for selection and must be in place in time for Service Commencement. 1.2 Core Requirements 1.2.1 Executive Benchmarking 1.2.2 Supporting Activities If you are interested in taking part in the Early Market Engagement Opportunity - then please send an e mail to nickharris@tfl.gov.uk entitled TfL 96476 Early Market Engagement Bespoke Remunerations for an EME Questionnaire

Planning Information

Please e mail nickharris@tflgov.uk receive a Early Market Engagement questionnaire which needs to be completed by 28/02/2026. Please entitle your e mail Tfl 96476 Bespoke Executive Remuneration - EME

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05fabc
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/085056-2025
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK2 - Preliminary Market Engagement Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
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

79414000 - Human resources management consultancy services

Notice Value(s)

Tender Value
£800,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
19 Dec 20251 weeks ago
Submission Deadline
Not specified
Future Notice Date
28 Feb 20263 months to go
Award Date
Not specified
Contract Period
31 Aug 2026 - 31 Aug 2030 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Planning
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
TRANSPORT FOR LONDON
Contact Name
Not specified
Contact Email
nickharris@tfl.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
E20 1JN
Post Town
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
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLI London, TLJ South East (England), TLK South West (England)
Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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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