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The provision of an Executive and Board Recruitment Partner (ten_1062)

Financial Ombudsman Service

This public procurement record has 7 releases in its history.

Award

23 Sep 2026 at 14:53

UK7 - Contract Details Notice
Award

14 Aug 2026 at 16:11

UK6 - Contract Award Notice
TenderUpdate

06 May 2026 at 09:00

UK4 - Tender Notice
TenderUpdate

05 May 2026 at 16:29

UK4 - Tender Notice
TenderUpdate

05 May 2026 at 16:28

UK4 - Tender Notice
Tender

05 May 2026 at 15:07

UK4 - Tender Notice
Planning

22 Apr 2026 at 12:19

UK3 - Planned Procurement Notice
Summary of the contracting process

The Financial Ombudsman Service Limited procured executive search and recruitment services to support ad hoc recruitment and selection for its level 10 executive team and Board. The work covers finding and selecting senior executive and Board members, rather than general workforce recruitment. Delivery is across the United Kingdom. This requirement is relevant to executive-search firms with experience recruiting at senior leadership and board level, and with the reach to serve a UK-wide public body.

The procurement is complete and a contract was awarded to Saxton Bampfylde (Saxton Bampfylde Hever Limited). The award was made on 14 August 2026 for £234,000 excluding VAT (£280,800 including VAT). The signed contract runs from 22 September 2026 to 21 September 2029, with an option, at the Financial Ombudsman Service’s discretion, to extend by up to one year, to 23 September 2030 at the latest. There was one lot. The open competitive flexible procedure assessed qualification first, then technical and commercial proposals, with an optional presentation or best and final offer stage for the highest-scoring bidders. Technical quality carried 60% and recruitment fees 40%; the contract went to the most advantageous tender.

This award shows the buyer’s demand for a specialist executive-search partner able to support occasional recruitment at executive-team and Board level across the UK. A credible competitor for a future requirement would need to demonstrate technical capability in senior-level search and selection, alongside clear, competitive recruitment-fee pricing. The evaluation placed greater weight on technical quality than price, with technical ability assessed through four questions; evidence of a sound search approach and ability to attract and convert suitable candidates would therefore matter. The contract’s agreed performance measures cover attraction and conversion, source effectiveness and diversity outcomes, indicating that suppliers should be able to track the effectiveness and reach of their candidate sources and report diversity results. The work is suitable for an SME, as the successful supplier’s profile also demonstrates.

How relevant is this notice?

Notice Information

Notice Title

The provision of an Executive and Board Recruitment Partner (ten_1062)

Notice Description

The Financial Ombudsman Services has awarded a contract for an 3 + 1 year for the provision of an Executive Search agency to support the ad hoc recruitment and selection of our level 10, Executive team and Board members.

Lot Information

Lot 1

Options: Optional extention to the term of the agreement.

Renewal: 1 x 12 month extension option

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-068862
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/090213-2026
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
Competitive flexible 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
£192,000 £100K-£500K
Lots Value
£192,000 £100K-£500K
Awards Value
£234,000 £100K-£500K
Contracts Value
£234,000 £100K-£500K

Notice Dates

Publication Date
23 Sep 20261 months ago
Submission Deadline
9 Jun 2026Expired
Future Notice Date
4 May 2026Expired
Award Date
14 Aug 20262 months ago
Contract Period
22 Sep 2026 - 21 Sep 2029 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Financial Ombudsman Service
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
E14 9SR
Postcode Area
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
Not specified
Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
2
Supplier Names

SAXTON BAMPFYLDE HEVER LIMITED

Saxton Bampfylde

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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