Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
Business Energy and Industrial Strategy
1 Victoria Street
London
SW1H0ET
UK
Contact person: Paul Donovan
E-mail: Paul.Donovan@beis.gov.uk
NUTS: UKI32
Internet address(es)
Main address: https://www.gov.uk/government/organisations/department-for-business-energy-and-industrial-strategy
I.4) Type of the contracting authority
Ministry or any other national or federal authority, including their regional or local subdivisions
I.5) Main activity
General public services
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
Executive search services to support search for Chair and Trustee- Director for the Nuclear Liabilities Fund
Reference number: 5587/12/2021
II.1.2) Main CPV code
79600000
II.1.3) Type of contract
Services
II.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.
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
30 000.00
GBP
II.2) Description
II.2.3) Place of performance
NUTS code:
UK
II.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.
II.2.5) Award criteria
Quality criterion: Market & Team Experience, Methodology and Timelines:
/ Weighting: 67
Price
/ Weighting:
33
II.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
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Award of a contract without prior publication of a call for competition
Justification for selected award procedure:
The procurement falls outside the scope of application of the Directive
Explanation
Further competition via Crown Commercial Services Framework RM 6002 under Lot 7 was undertaken for the procurement.
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
No
Section V: 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
V.2 Award of contract
V.2.1) Date of conclusion of the contract
27/04/2022
V.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
V.2.3) Name and address of the contractor
IRG Advisors LLP t/a Odgers Berndtson
20 Cannon Street
London
EC4M 6XD
UK
NUTS: UK
The contractor is an SME:
Yes
V.2.4) Information on value of the contract/lot (excluding VAT)
Initial estimated total value of the contract/lot:
Total value of the contract/lot:
: 30 000.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.3) Additional information
Further competition was undertaken via the Crown Commerial Services Framework RM 6002 Lot 7.
VI.4) Procedures for review
VI.4.1) Review body
Department for Business, Energy & Industrial Strategy
1 Victoria
London
UK
VI.5) Date of dispatch of this notice
31/05/2022