Awarded contract

Executive Search Framework

Details

Value
£8,000,000
Topic
Recruitment services
Published
23 January 2024

Tender 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. Lot 1: General Executive Roles Sourcing of candidates for general executive roles where the role falls outside of the scope of lots 2-6 Lot 2: Legal Executive Roles Sourcing of candidates for executive legal roles Lot 3: Communication Roles Sourcing of candidates for executive communication roles. Lot 4: Data & Regulatory Technology roles Sourcing of candidates for executive roles with data and regulatory technology experience. Lot 5: Non-Executive Directors & Panel Members Sourcing of candidates for Non-Executive Director and Panel Chair roles. Lot 6: Interim Roles Sourcing of candidates for executive roles on an interim basis.

Timeline

  1. Completed: Award date24 July 2023
  2. Completed: Award published23 January 2024
    Current notice

About the buyer

The Financial Conduct Authority regulates the UK's financial services industry, and buys as a central government body with its own procurement function. Every tender runs through Atamis, the FCA's eTendering portal, with opportunities also advertised on Find a Tender and Contracts Finder. Larger contracts fall under the Public Contract Regulations 2015 once they pass a set threshold. Both pan-government and FCA-tendered framework agreements offer alternative routes to market. A Supplier Code of Conduct, updated in 2022, covers climate change, resilience and data protection standards for suppliers. An ethical procurement standard applies to purchases wherever possible.

Procurement spend from central entities makes up 66% of overall UK public spend.

Over the past 5 years, most of the Financial Conduct Authority's contract awards have been in IT services, business services and software and information systems.

Relevant CPV codes

  • 79600000 · Recruitment services

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