Official UK procurement notice
Executive Search Framework · UK public procurement notice
Authority: Financial Conduct Authority (Public body)·Consortium: 8 public authorities
What is being bought6 lots · detail below
Published requirement descriptionThe 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 lotEvery 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
Lot #2Legal Executive RolesAwardedPublished value£1,200,000
Sourcing of candidates for executive legal roles
Lot #3Communication RolesAwardedPublished value£640,000
Sourcing of candidates for executive communication roles.
Lot #4Data & Regulatory Technology rolesAwardedceiling above
Sourcing of candidates for executive roles with data and regulatory technology experience.
Lot #5Non-Executive Directors & Panel MembersAwardedceiling above
Sourcing of candidates for Non-Executive Director and Panel Chair roles.
Lot #6Interim RolesAwardedPublished value£400,000
Sourcing of candidates for executive roles on an interim basis.
What it takes to wini
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 morei
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).
Published sub-criteria (2)
- Technical: 70%
- Commercial: 30%
Published award criteria (2)
- Technical: 70
- Commercial: 30
- 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)
- Delivery area
- Official registry OCID
ocds-h6vhtk-03dbccFind a Tender
- 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- 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
Timeline
24 Jul 2023 → 23 Jan 2024 · 3 dates- Admission / appointment period endsperiod end, not a bid countdown24 Jul 2023, 12:00 BST
- Bids opened24 Jul 2023, 12:00 BST
- Notice published23 Jan 2024, 10:07 GMT
Notice history
1 event · 2 releases on Find a Tender- Status changed to complete23 Jan 2024, 10:07 GMT
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast6 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
| Lot | Bids | SME | VCSE | Valid bid range |
|---|---|---|---|---|
| 1 · General Executive Roles | 16bids | — | — | — |
| 2 · Legal Executive Roles | 11bids | — | — | — |
| 3 · Communication Roles | 6bids | — | — | — |
| 4 · Data & Regulatory Technology roles | 12bids | — | — | — |
| 5 · Non-Executive Directors & Panel Members | 14bids | — | — | — |
| 6 · Interim Roles | 12bids | — | — | — |
Contracting authority & participating public bodies
6 public bodies on the noticeConsortium members and other public bodies
- Bank of England (including the PRA)Contracting authority
- Financial Ombudsman ServiceContracting authority
- Financial Services Compensation SchemeContracting authority
- Money & Pensions ServiceContracting authority
- Payment Services RegulatorContracting authority
Framework contractors & participating bidders
10 commercial parties on the notice- Fox Rodney Search LimitedFramework contractor
- Gatenby SandersonFramework contractor
- Gatenby Sanderson LimitedFramework contractor
- Global ResourcingFramework contractor
- Green Park Interim & Executive LimitedFramework contractor
- IRG Advisors t/a Odgers BerndtsonFramework contractor
- Korn Ferry LLPFramework contractor
- Moloney SearchFramework contractor
- Russell Reynolds Associates LimitedFramework contractor
- Saxton Bampfylde HeverFramework contractor
Official documents & specifications (2)
Official links; attachments are not copiedTender pack and attachments
- Economic and financial selection criteria
- Technical selection criteria