Scope
Reference
TfL 96476 - Remuneration Benchmarking Services for Executives
Description
TfL requires a consultancy to provide support with the annual executive remuneration benchmarking exercise covering TfL's Executive Committee and Director Population (c 60). There will also be a requirement to support with ad-hoc requests for data (across levels not restricted to Executive and Director Level or equivalent), market research and market insight throughout the Agreement.
As a major provider of remuneration benchmarking the Consultant will own a number of multi-industry proprietary surveys including, but not limited to, Executive and Director Level roles from which the Consultant are able to draw robust market data from an agreed peer group of organisations. Please note this is a pre-requisite for selection and must be in place in time for Service Commencement.
1.2 Core Requirements
1.2.1 Executive Benchmarking
1.2.2 Supporting Activities
If you are interested in taking part in the Early Market Engagement Opportunity - then please send an e mail to nickharris@tfl.gov.uk entitled TfL 96476 Early Market Engagement Bespoke Remunerations for an EME Questionnaire
Total value (estimated)
- £800,000 excluding VAT
- £960,000 including VAT
Above the relevant threshold
Contract dates (estimated)
- 1 September 2026 to 31 August 2030
- Possible extension to 31 August 2031
- 5 years
Main procurement category
Services
CPV classifications
- 79414000 - Human resources management consultancy services
Contract locations
- UKC - North East (England)
- UKD - North West (England)
- UKE - Yorkshire and the Humber
- UKF - East Midlands (England)
- UKG - West Midlands (England)
- UKH - East of England
- UKI - London
- UKJ - South East (England)
- UKK - South West (England)
Engagement
Engagement deadline
28 February 2026
Engagement process description
Please e mail nickharris@tflgov.uk receive a Early Market Engagement questionnaire which needs to be completed by 28/02/2026. Please entitle your e mail Tfl 96476 Bespoke Executive Remuneration - EME
Contracting authority
Transport for London
- Public Procurement Organisation Number: PHMT-6197-NWNZ
5 Endeavour Square
London
E20 1JN
United Kingdom
Email: nickharris@tfl.gov.uk
Website: http://www.tfl.gov.uk
Region: UKI41 - Hackney and Newham
Organisation type: Public authority - central government