--- title: "Executive Recruitment for LGPS" ocid: "ocds-b5fd17-64a5584a-adca-11e6-9901-0019b9f3037b" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-64a5584a-adca-11e6-9901-0019b9f3037b" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-64a5584a-adca-11e6-9901-0019b9f3037b.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-64a5584a-adca-11e6-9901-0019b9f3037b.json" source: "Contracts Finder" current_stage: "Award" buyer: "WOLVERHAMPTON CITY COUNCIL" published: "2016-12-20" --- # Executive Recruitment for LGPS Buyer: WOLVERHAMPTON CITY COUNCIL Current stage: Award OCID: ocds-b5fd17-64a5584a-adca-11e6-9901-0019b9f3037b [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-64a5584a-adca-11e6-9901-0019b9f3037b) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-64a5584a-adca-11e6-9901-0019b9f3037b.json) ## Summary The procurement process concerns the "Executive Recruitment for LGPS" contract initiated by Wolverhampton City Council, aimed at managing assets for nine Midlands-based Local Government Pension Funds. This open procedure is currently at the award stage, with the contract recently awarded on 25th November 2016 to IRG Advisors t/a Odgers Berndtson for a total value of £126,000. The contract period runs from 1st December 2016 to 30th June 2017, and submission deadlines for interested parties were due by 14th November 2016. The service falls under the recruitment services category as per the CPV classification. This tender presents significant opportunities for businesses specialising in executive search and recruitment services, particularly those with an established presence in the public sector. Firms that can demonstrate relevant experience in recruiting management-level talent would be well-positioned to compete, especially those able to offer tailored services for both executive and non-executive roles. Successful applicants may gain a pivotal role supporting the operational efficiency of a sizeable pool of pension fund assets valued at approximately £38 billion, thereby enhancing their portfolio and reputation within the industry. ## Notice LGPS Central Ltd. has been set up to manage the assets of 9 Midlands-based Local Government Pension Funds on a pooled basis, in line with the wishes and expectations of Central Government. The first assets are expected to be transferred in April 2018 and considerable work has already been carried out to ensure that the necessary infrastructure will be in place in time for this date. The Funds currently have combined assets of c. PS38bn. In order to ensure that the pool offers the Pension Funds both operational and investment performance excellence LGPS Central is looking to appoint individuals to six keys positions, split into two different lots (one for Executive positions and one for non-executive) and Executive Search Firms are being sought to assist in the recruitment of these skilled individuals. Search Firms may apply for one of the lots or both, but if applying for both they must be by way of separate submissions. The appointments are expected to become effective well in advance of the date that the first assets will be transferred to the pool. Submissions are sought from Executive Search Firms that have the experience and market presence to assist LGPS Central in the appointment of these key individuals, with a deadline for their return of 14th November 2016. These submission should not stretch to more than eight pages of A4, although CV's of the key individuals that will be responsible for the search may be added as appendices. The appointments are split into 2 Lots: Lot 1 - Executive Posts Lot 2 - Non-Executive Posts There is a possibility that the same firm will be appointed to both Lots, but firms may apply for either or both. Additional information: Please ensure you allow sufficient time to submit your bid. All bids must be submitted via the e-tendering portal. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/b76f1fe9-b0a3-49b7-a3da-310b8b877f57 | | Notice type | Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | Large | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 20 Dec 2016 | | Submission deadline | 14 Nov 2016 | | Future notice date | Not specified | | Award date | 25 Nov 2016 | | Contract period | 1 Dec 2016 - 30 Jun 2017 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £142,000 | | Lots value | Not specified | | Awards value | £126,000 | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Not specified | | Awards status | Active | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | WOLVERHAMPTON CITY COUNCIL | | Locality | WOLVERHAMPTON | | Post town | Wolverhampton | | Postcode | WV1 1RL | | Country | England | | ITL 1 | TLG West Midlands (England) | | ITL 2 | TLG3 West Midlands | | ITL 3 | TLG39 Wolverhampton | | Local authority | Wolverhampton | | Electoral ward | St Peters | | Westminster constituency | Wolverhampton West | | Delivery location | TLG West Midlands (England) | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | IRG ADVISORS T/A ODGERS BERNDTSON | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79600000 - Recruitment services ## Release History - 20 Dec 2016 at 15:09 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/b76f1fe9-b0a3-49b7-a3da-310b8b877f57 - 18 Nov 2016 at 20:17 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/f9dc67a7-4dac-49b7-9888-f10aac4c55e9 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/b76f1fe9-b0a3-49b7-a3da-310b8b877f57 20th December 2016 - Awarded contract notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/f9dc67a7-4dac-49b7-9888-f10aac4c55e9 31st October 2016 - Opportunity notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/Attachment/085c9fae-11c4-4a94-95c2-5e386b13e4c3 Specification - http://www.wolverhamptontenders.com E-tendering Portal - https://www.contractsfinder.service.gov.uk/Notice/Attachment/b2e5888b-6202-4291-b023-47cade282961 Specification ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. 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