Permanent Recruitment Services for Investment Banking roles
Estimated value
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Awarded value
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Suppliers
3
Lots
1
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 2029Possible 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.
| Name | Description | Type | Weighting |
|---|---|---|---|
| Commercia | — | price | 20.00% |
| Geographical Knowledge of Recruitment and Proximity | — | quality | 22.50% |
| Search expertise & experience | — | quality | 22.50% |
| Equality, Diversity and Inclusion | — | quality | 20.00% |
| Contract Management | — | quality | 5.00% |
| Social Value - 1 | — | quality | 5.00% |
| Social Value - 2 | — | quality | 5.00% |
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
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Award date
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Contract start
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Contract end
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