Award

C1323 - Market Mapping

NATIONAL WEALTH FUND LIMITED

This public procurement record has 1 release in its history.

Award

28 May 2026 at 08:44

Summary of the contracting process

The National Wealth Fund Limited, based in Leeds, conducted a procurement process titled "C1323 - Market Mapping" aimed to support succession planning. This procurement falls under the services category, incorporating elements such as research consultancy and recruitment services, and is located within the United Kingdom. The process has moved to the award stage, with the market mapping task contracted to Russell Reynolds Associates Limited, a large supplier from London. The direct procurement method was employed, categorised as below threshold without competition, indicating a more tailored approach to vendor selection. The contract was signed on 22nd May 2026 and is set to run until 31st July 2026, with a gross value of £42,000.

This market mapping initiative presents a significant opportunity for large consultancy and recruitment firms specialising in such services to showcase their capabilities in supporting high-level succession planning. Businesses with expertise in providing strategic insights and talent acquisition can gain further industry exposure and cultivate government sector relationships by competing for similar future contracts. The procurement method, which did not entail open competition, suggests that businesses with established connections to contracting authorities may find a strategic advantage in such engagements.

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Notice Title

C1323 - Market Mapping

Notice Description

Market Mapping exercise to support succession planning.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06a710
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/050068-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services

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


CPV Codes

73210000 - Research consultancy services

79600000 - Recruitment services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£35,000 Under £100K

Notice Dates

Publication Date
28 May 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
21 May 20261 weeks ago
Contract Period
21 May 2026 - 31 Jul 2026 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
NATIONAL WEALTH FUND LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

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
1
Supplier Name

RUSSELL REYNOLDS ASSOCIATES

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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