Find a TenderAwarded
Published 22 Jun 2023, 19:04 BST

Official UK procurement notice

Executive Search Framework · UK public procurement notice

Official notice

Authority: Financial Conduct Authority (Public body)·Consortium: 8 public authorities

Framework agreement6 lotsServicesOpen procedure
Framework ceiling (notional)£8,000,000total for 6 lots · framework ceiling, not attributable revenue
Submissions closed 24 Jul 2023awarded 24 Jul 2023
Lots 6see the lot list below

What is being bought6 lots · detail below

Published requirement description

The establishment of a multi-lot framework for the sourcing of candidates for senior executive roles at the FCA and other authorities, including the PSR.

CPV: Recruitment services

How this framework works

From the published notice
Bids received
16 bids on the busiest of 6 lots · 9 suppliers appointed

Lots and requirements (6)Procurement structure

6 lots · all with a published value · same evaluation weights on every lot

Every one of these 2 lots carries the same published figure, £1,280,000: it is the framework's maximum for the whole notice, not each lot's own budget, and no share per lot is published. The cards below say ceiling above rather than repeat it.

Lot #1General Executive RolesAwardedPublished value£3,200,000

Sourcing of candidates for general executive roles where the role falls outside of the scope of lots 2-6

Delivery: UK · UNITED KINGDOM
Variant bids: not allowed
Lot #2Legal Executive RolesAwardedPublished value£1,200,000

Sourcing of candidates for executive legal roles

Delivery: UK · UNITED KINGDOM
Variant bids: not allowed
Lot #3Communication RolesAwardedPublished value£640,000

Sourcing of candidates for executive communication roles.

Delivery: UK · UNITED KINGDOM
Variant bids: not allowed
Lot #4Data & Regulatory Technology rolesAwardedceiling above

Sourcing of candidates for executive roles with data and regulatory technology experience.

Delivery: UK · UNITED KINGDOM
Variant bids: not allowed
Lot #5Non-Executive Directors & Panel MembersAwardedceiling above

Sourcing of candidates for Non-Executive Director and Panel Chair roles.

Delivery: UK · UNITED KINGDOM
Variant bids: not allowed
Lot #6Interim RolesAwardedPublished value£400,000

Sourcing of candidates for executive roles on an interim basis.

Delivery: UK · UNITED KINGDOM
Variant bids: not allowed

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored · same split on all 6 lots
Quality: 70%Price: 30%
Published sub-criteria (2)
  • Technical: 70%
  • Commercial: 30%
Published award criteria (2)
  • Technical: 70
  • Commercial: 30
What this means for your bid
  • Price carries 30 of 100 points: a 10% discount moves about 3 points. The method statement decides this lot, not the discount.
  • “Executive Search Framework” is a framework: the contest is a place on its panel, not a single contract.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record · publisher note attached
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Framework agreement
Who may use this agreement
Not stated in the notice; call-off rights may be limited to the establishing authority
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
No (one-off requirement)
First published
22 Jun 2023, 19:04 BST
Last source update
23 Jan 2024, 10:07 GMT
Award evaluation window
24 Jul 2023 – …
Authority reference
CON-23-049
FTS notice number
2024/S 000-002183
Classification (CPV)
Recruitment services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-03dbcc Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic payment

Publisher note: To view this notice, please click here: <a href="https://fca.delta-esourcing.com/delta/viewNotice.html?noticeId=831795162" target="_blank">https://fca.delta-esourcing.com/delta/viewNotice.html?noticeId=831795162</a> GO Reference: GO-2024123-PRO-25021870

How it was run

Official notice
Run through: Delta eSourcing · Who buys & how to bid on Delta
Public notice page · account needed to bidLanguage: EN
Access & registration note: Free Select account; no DUNS asked at signup
Appointment period ends
24 Jul 2023, 12:00 BST
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bid validity
180 days from the deadline
Bids opened
24 Jul 2023, 12:00 BST
Detailed submission instructions & authority contactsFrom official release

Timeline

24 Jul 2023 → 23 Jan 2024 · 3 dates
  1. Admission / appointment period endsperiod end, not a bid countdown
    24 Jul 2023, 12:00 BST
  2. Bids opened
    24 Jul 2023, 12:00 BST
  3. Notice published
    23 Jan 2024, 10:07 GMT

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    23 Jan 2024, 10:07 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Suppliers appointed 9admitted to the panel · see the list ↓
Bids received 16busiest of 6 lots
Contracts signed 6latest 24 Jul 2023

6 suppliers are admitted to this framework without individual award values or dates, see the supplier list below.

Contracts

All 2 of these contracts carry the same published figure, £1,280,000, the framework's maximum for the whole notice, not each contract's own value. They are not eleven separate sums.

  • General Executive Roles

    Signed
    24 Jul 2023
    Value
    £3,200,000
    Status
    active
  • Legal Executive Roles

    Signed
    24 Jul 2023
    Value
    £1,200,000
    Status
    active
  • Communications Executive Roles

    Signed
    24 Jul 2023
    Value
    £640,000
    Status
    active
  • Data & Regulatory Technology Executive Roles

    Signed
    24 Jul 2023
    Value
    ceiling above
    Status
    active
  • Non-Executive Directors & Panel Members

    Signed
    24 Jul 2023
    Value
    ceiling above
    Status
    active
  • Interim Executive Roles

    Signed
    24 Jul 2023
    Value
    £400,000
    Status
    active

Bid statistics published by the authority

LotBidsSMEVCSEValid bid range
1 · General Executive Roles16bids———
2 · Legal Executive Roles11bids———
3 · Communication Roles6bids———
4 · Data & Regulatory Technology roles12bids———
5 · Non-Executive Directors & Panel Members14bids———
6 · Interim Roles12bids———

Contracting authority & participating public bodies

6 public bodies on the notice

Financial Conduct Authority

Contracting authorityPublic bodyBody governed by public lawEconomic affairs 12 Endeavour Square, London, UK, E20 1JNContact name, email, phone Published organisation website ↗

Consortium members and other public bodies

Framework contractors & participating bidders

10 commercial parties on the notice

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

  • Economic and financial selection criteriatenderEconomic and financial selection criteria
  • Technical selection criteriatenderTechnical selection criteria