---
title: "Executive search services to support search for Chair and Trustee- Director for the Nuclear Liabilities Fund"
ocid: "ocds-h6vhtk-03423d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03423d"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-03423d.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-03423d.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "BUSINESS ENERGY AND INDUSTRIAL STRATEGY"
published: "2022-05-31"
---

# Executive search services to support search for Chair and Trustee- Director for the Nuclear Liabilities Fund

Buyer: BUSINESS ENERGY AND INDUSTRIAL STRATEGY  
Current stage: Award  
OCID: ocds-h6vhtk-03423d

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## Summary

The procurement process involves the Business Energy and Industrial Strategy, seeking to fill the role of Chair and Trustee-Director for the Nuclear Liabilities Fund. This tender, classified under recruitment services, is located in the UK and has reached the award stage. The contract was signed on 27th April 2022, and the procurement method used was limited, specifically via a further competition under the Crown Commercial Services Framework RM 6002 Lot 7, concluding with the award of £30,000 to IRG Advisors LLP t/a Odgers Berndtson.

This tender presents significant opportunities for businesses specialising in executive search and recruitment services, particularly those with experience in strategic financial roles and stakeholder engagement. Companies with a strong track record in senior management placements, as well as those familiar with the workings of governmental and investment sectors, would be well-positioned to compete. The nature of the services required suggests that firms capable of delivering high-quality candidates with appropriate political and financial acumen will find a lucrative opportunity in this contract.

## Notice

BEIS are looking for end-to-end executive search support to fill the role of Chair and Trustee-Director of the Nuclear Liabilities Fund (NLF), a vacancy which arises in April '22. The Nuclear Liabilities Fund (NLF) is a segregated investment fund set up to meet the cost of decommissioning the UK nuclear power stations now owned and operated by EDF. It is underwritten by HMG and holds assets of c.PS15bn. The Chair leads the Board of the NLF in assessing its funding position, investing its assets, making payments to meet qualifying decommissioning costs and providing strategic input to help control decommissioning liabilities.

### Lot Information

Lot 1

The successful candidate will have the following experience and skillset: 1. Investment/finance experience; a demonstrable record of leadership at senior management level in an investment/asset management/financial institution, or similar role which has had a public and/ or political profile. 2. Ability to lead a Board through a period of change, ensuring high performance, robust risk management and excellent stakeholder engagement. 3. Experience of operating at Board level, ideally in a non-executive capacity. 4. Excellent inter-personal skills with the ability to challenge and be challenged and a demonstrable ability to manage complex stakeholder relationships within a senior leadership context. 5. Strong intellectual capability, with the capacity to understand technical financial issues and to think strategically. 6. Politically astute both in managing relationships and maintaining support amongst a range of stakeholders.

Options: End date of Initial Period - 30/06/2022 End date of Extension Period 3 months (30/09/2022) Minimum written notice to Supplier in respect of extension: 1 month

### Procurement Information

Further competition via Crown Commercial Services Framework RM 6002 under Lot 7 was undertaken for the procurement.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/015255-2022 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Limited |
| Procurement method details | Award procedure without prior publication of a call for competition |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 31 May 2022 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 26 Apr 2022 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £30,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | BUSINESS ENERGY AND INDUSTRIAL STRATEGY |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1H 0ET |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | IRG ADVISORS LLP T/A ODGERS BERNDTSON |

## CPV Codes

### Divisions

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

### Codes

- 79600000 - Recruitment services

## Release History

- 31 May 2022 at 15:15 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/015255-2022

## Notice URLs

- https://www.gov.uk/government/organisations/department-for-business-energy-and-industrial-strategy

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03423d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-03423d.json.