Section one: Contracting authority
one.1) Name and addresses
Business Energy and Industrial Strategy
1 Victoria Street
London
SW1H0ET
Contact
Paul Donovan
Country
United Kingdom
NUTS code
UKI32 - Westminster
Internet address(es)
Main address
https://www.gov.uk/government/organisations/department-for-business-energy-and-industrial-strategy
one.4) Type of the contracting authority
Ministry or any other national or federal authority
one.5) Main activity
General public services
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Executive search services to support search for Chair and Trustee- Director for the Nuclear Liabilities Fund
Reference number
5587/12/2021
two.1.2) Main CPV code
- 79600000 - Recruitment services
two.1.3) Type of contract
Services
two.1.4) Short description
BEIS are looking for end-to-end executive search support to fill the role of Chair and Trustee-Director of
the Nuclear Liabilities Fund (NLF), a vacancy which arises in April '22. The Nuclear Liabilities Fund (NLF)
is a segregated investment fund set up to meet the cost of decommissioning the UK nuclear power stations
now owned and operated by EDF. It is underwritten by HMG and holds assets of c.£15bn. The Chair leads
the Board of the NLF in assessing its funding position, investing its assets, making payments to meet
qualifying decommissioning costs and providing strategic input to help control decommissioning liabilities.
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: £30,000
two.2) Description
two.2.3) Place of performance
NUTS codes
- UK - United Kingdom
two.2.4) Description of the procurement
The successful candidate will have the following experience and skillset:
1. Investment/finance experience; a demonstrable record of leadership at senior management level
in an investment/asset management/financial institution, or similar role which has had a public
and/ or political profile.
2. Ability to lead a Board through a period of change, ensuring high performance, robust risk
management and excellent stakeholder engagement.
3. Experience of operating at Board level, ideally in a non-executive capacity.
4. Excellent inter-personal skills with the ability to challenge and be challenged and a demonstrable
ability to manage complex stakeholder relationships within a senior leadership context.
5. Strong intellectual capability, with the capacity to understand technical financial issues and to
think strategically.
6. Politically astute both in managing relationships and maintaining support amongst a range of
stakeholders.
two.2.5) Award criteria
Quality criterion - Name: Market & Team Experience, Methodology and Timelines: / Weighting: 67
Price - Weighting: 33
two.2.11) Information about options
Options: Yes
Description of options
End date of Initial Period - 30/06/2022
End date of Extension Period 3 months
(30/09/2022)
Minimum written notice to Supplier in respect
of extension: 1 month
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:
Further competition via Crown Commercial Services Framework RM 6002 under Lot 7 was undertaken for the procurement.
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
Contract No
5587/12/2021
Title
Executive search services to support search for Chair and Trustee- Director for the Nuclear Liabilities Fund
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
27 April 2022
five.2.2) Information about tenders
Number of tenders received: 3
Number of tenders received from SMEs: 3
Number of tenders received by electronic means: 3
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
IRG Advisors LLP t/a Odgers Berndtson
20 Cannon Street
London
EC4M 6XD
Country
United Kingdom
NUTS code
- UK - United Kingdom
The contractor is an SME
Yes
five.2.4) Information on value of contract/lot (excluding VAT)
Initial estimated total value of the contract/lot: £30,000
Total value of the contract/lot: £30,000
Section six. Complementary information
six.3) Additional information
Further competition was undertaken via the Crown Commerial Services Framework RM 6002 Lot 7.
six.4) Procedures for review
six.4.1) Review body
Department for Business, Energy & Industrial Strategy
1 Victoria
London
Country
United Kingdom