Permanent Recruitment Services for Investment Banking roles

NATIONAL WEALTH FUND LIMITEDcontractFind a TenderRef ocds-h6vhtk-058433Procurement Act 2023SME suitableactive
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Estimated value

Awarded value

Suppliers

3

3 SME

Lots

1

3 awarded

Published

12 Jan 2026

Description

Award of 3 call off contracts for permanent recruitment services for the National Wealth Funds Investment banking roles as required. Each contract has an initial 3 year period, with an optional 12 month extension, with a maximum value of £840,000 inclusive of VAT.

Scope

Reference
C1123
Commercial tool
Standalone contract
Contract dates
12 Jan 2026 to 11 Jan 2029
Possible extension to 11 Jan 2030

Each contract will have an optional 12 month extension

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.

Submission & procedure

Procedure
Open procedure

Award details· 3 awards

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

Award date

Contract start

Contract end