Permanent Recruitment Services - Investment Banking roles

NATIONAL WEALTH FUND LIMITEDcontractFind a TenderRef ocds-h6vhtk-058433Procurement Act 2023SME suitableplanning
View buyer

Estimated value

£2.1m

services

Awarded value

Suppliers

0

Lots

1

0 awarded

Published

08 Aug 2025

This is a preliminary market engagement notice

Map the supplier landscape and document your shortlist before opening the tender. The market simulation produces a defensible audit record you can attach to your procurement file.

Run market simulation

Description

Provision of up to 3 permanent recruitment contracts for Investment banking role

Scope

Reference
P0779
Total value
£2,100,000 excluding VAT
£2,520,000 including VAT
Above the relevant threshold
Commercial tool
Standalone contract
Contract dates
12 Jan 2026 to 11 Jan 2028
Possible extension to 11 Jan 2029

Each contract will have an optional 12 month extension

Main category
services
CPV classifications
79600000
Contract locations
UK, United Kingdom
Particular suitability
Small and medium-sized enterprises (SME)

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
Commerciaprice20.00%
Geographical Knowledge of Recruitment and Proximityquality22.50%
Search expertise & experiencequality22.50%
Equality, Diversity and Inclusionquality20.00%
Contract Managementquality5.00%
Social Value - 1quality5.00%
Social Value - 2quality5.00%

Participation

Conditions suppliers must meet to bid.

Suppliers (or their guarantors) must hold a Dun & Bradstreet financial risk score of at least 51. Suppliers must have, or commit to obtaining prior to award, the levels of insurance cover indicated below: a. Employer’s (Compulsory) Liability Insurance* = £5,000,000 b. Public Liability Insurance = £5,000,000 c. Professional Indemnity Insurance = £1,000,000 Suppliers must have in place, or commit to having in place by the award of the contract, the human and technical resources to perform the contract to ensure compliance with the UK General Data Protection Regulation and to ensure the protection of the rights of data subjects.