Find a Tender
complete
Official procurement procedure
Executive search services to support search for Chair and Trustee- Director for the Nuclear Liabilities Fund
Recruitment services
UK
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Business Energy and Industrial Strategy: "Executive search services to support search for Chair and Trustee- Director for the Nuclear Liabilities Fund". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
| Contracting Authority | Business Energy and Industrial Strategy | Scope & Categories | Not published | Submission Window | complete No deadline published |
|---|---|---|---|---|---|
| Submission Gateway | Direct notice route | Legal Basis & Regime | Standard procurement | Estimated Value (exc. VAT) | Not published |
Bidder Intelligence · Authority Profile: Business Energy and Industrial Strategy
Market Analytics
Derived from OCDS awards & bid statistics
Published history for Business Energy and Industrial Strategy. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Competition Density
2.1Bids / Report
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate availablePayment Terms
Check noticePublished terms
Coverage: 26 active published awards; 25 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityBusiness Energy and Industrial Strategy | Procedure methodNot published | Procurement categoryNot published |
Statuscomplete | Framework / DPSNot published | CompetitionNot published |
Above thresholdNot published | Legal basisNot published | Tender period startsNot published |
Clarification deadlineNot published | Electronic submissionNot published | Submission languagesNot published |
Published31 May 2022, 16:15 BST | Last source update31 May 2022, 16:15 BST | Recurring procurementNot published |
ClassificationRecruitment services | ||
Delivery area UK | ||
OCIDocds-h6vhtk-03423d | ||
What is being bought
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.£15bn. 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.
What changed
From the official release history
- Status changed to complete
31 May 2022, 16:15 BST - Official notice release published
31 May 2022, 16:15 BST - Buyer information updated
31 May 2022, 16:15 BST
Lots and requirements (1)
Published by the contracting authority
- Lot 1 · #1Individual lot title not publishedcancelledPublished valueNot publishedThe 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.Contract periodNot publishedEligibilityNot publishedOptions / renewalNot published
Timeline
- Procedure published
31 May 2022, 16:15 BST - Award active
Not published · Not published - Contract active
Signed 27 Apr 2022, 00:00 BST · £30,000
Commercial outcome and competition
Awards IRG Advisors LLP t/a Odgers Berndtson Not published · Not published · active |
Contracts Executive search services to support search for Chair and Trustee- Director for the Nuclear Liabilities Fund £30,000 · signed 27 Apr 2022, 00:00 BST · active |
Bid statistics bids: 3 (lot 1) electronicBids: 3 (lot 1) smeBids: 3 (lot 1) |
Buyer and organisations in this procedure
Business Energy and Industrial Strategy
Contracting authority GB-FTS-5606Documents (0)
Official links; attachments are not copied
No linked documents are published
Related procedures (0)
No related procedures published
Planning and rationale
Planning budgetNot published |
No-engagement rationaleNot published |
Procedure rationaleFurther competition via Crown Commercial Services Framework RM 6002 under Lot 7 was undertaken for the procurement. |