Section one: Contracting authority
one.1) Name and addresses
Nuclear Restoration Services Limited
Hinton House, Birchwood Park Avenue, Risley
Warrington
WA3 6GR
Contact
Alwena Owen
Country
United Kingdom
NUTS code
UK - United Kingdom
National registration number
02264251
Internet address(es)
Main address
https://www.gov.uk/government/organisations/nuclear-restoration-services
Buyer's address
https://www.gov.uk/government/organisations/nuclear-restoration-services
one.4) Type of the contracting authority
Body governed by public law
one.5) Main activity
Other activity
Nuclear decommissioning
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Korn Ferry support 2024-25 - audit and assurance of the LTIP, STIP and PCH bonus
two.1.2) Main CPV code
- 71241000 - Feasibility study, advisory service, analysis
two.1.3) Type of contract
Services
two.1.4) Short description
An independent audit and assurance of the outcomes of our incentive schemes within NRS Sites and NRS Dounreay.
two.1.6) Information about lots
This contract is divided into lots: No
two.1.7) Total value of the procurement (excluding VAT)
Value excluding VAT: £47,280
two.2) Description
two.2.3) Place of performance
NUTS codes
- UKK1 - Gloucestershire, Wiltshire and Bristol/Bath area
two.2.4) Description of the procurement
Carry out an independent audit and assurance of the outcomes of our incentive schemes within NRS Sites and NRS Dounreay. It includes an audit and assurance of the LTIP, STIP and PCH bonus and incentive targets and the final outcomes including reviewing the evidence files associated with the achievement of the targets and the final payment against those targets.
Work to be completed is: -
- Review of initial findings, context and discussions with HR / Rem Co process and outcomes
- Review of evidence - measure by measure (with follow ups for clarification)
- Interim draft / reviews with Chief People Officer on status and gaps
- Production of paper for Rem Co with recommendations on bonus out-turn
- Presentation at Rem Co and completion of work by end of June
two.2.5) Award criteria
Price
two.2.11) Information about options
Options: No
two.2.13) Information about European Union Funds
The procurement is related to a project and/or programme financed by European Union funds: No
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Award of a contract without prior publication of a call for competition in the cases listed below
- The procurement falls outside the scope of application of the regulations
Explanation:
Korn Ferry have provided this independent assurance and audit previously so REMCO are satisfied that the details will be at the appropriate level which will give them confidence to make a decision. Korn Ferry have a detailed knowledge of our incentive scheme arrangements and therefore will reduce the time and cost by using them as there is not a requirement to spend time bringing them up to speed. They have the skill in this area and have worked with the NDA on a number of wider projects. NDA Reward team are looking at the arrangements going forward, and this may result in a change of approach.
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: No
Section five. Award of contract
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
3 April 2024
five.2.2) Information about tenders
Number of tenders received: 1
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
Korn Ferry (UK) Ltd
Korn Ferry Ryder Court, 14 Ryder Street London
London
SW1Y 6QB
Country
United Kingdom
NUTS code
- UK - United Kingdom
National registration number
00763575
Internet address
The contractor is an SME
No
five.2.4) Information on value of contract/lot (excluding VAT)
Initial estimated total value of the contract/lot: £47,280
Lowest offer: £47,280 / Highest offer: £47,280 taken into consideration
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
Nuclear Restoration Services Limited
Hinton House, Birchwood Park Avenue, Risley
Warrington
WA3 6GR
magnox.supplier.queries@magnoxsites.com
Country
United Kingdom
Internet address
https://www.gov.uk/government/organisations/nuclear-restoration-services